Polyus Gold Receives Admission to Trading on Moscow Exchange
OREANDA-NEWS. December 26, 2014. Polyus Gold International Limited (LSE – PGIL, OTC (US) – PLZLY, “PGIL”, “Polyus Gold” or the “Company”), the largest gold producer in Russia, is pleased to announce that its ordinary shares (the “Shares”) have been admitted to trading on the main market of the Moscow Exchange (“Admission”).
The Shares will be traded in the Main Market segment (Listing Level 1), with quotation and settlement in Russian rubles. The date of commencement of trading in the Shares on the Moscow Exchange will be announced separately.
As a result of the Admission, the Company has obtained a secondary listing of its shares on the Moscow Exchange in addition to the premium listing on the main market of the London Stock Exchange where its shares have been traded since 19 June 2012.
Pavel Grachev, СEO of Polyus Gold, said:
"Achieving dual listing in both Moscow and London is a natural move for Russia’s largest gold miner by capitalisation and production. Trading in the Polyus shares on the Moscow Exchange will allow Russian institutional and retail investors to invest in our stock. We aim to broaden our investor base, further improve access to capital and improve liquidity in the Company’s shares."
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