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CHZN - Chelyabinskiy Tsinkovyi Zavod PAO News Story

RUB414 -4.0  -1.0%

Last Trade - 25/04/16

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ChelyabinskZincPlant: Result of AGM

 For Immediate Release – June 2 8 , 201 6 
 Chelyabinsk Zinc Plant Holds AGM 
 Chelyabinsk, Russia – On June 28, 2016 Chelyabinsk Zinc Plant (LSE, MICEX:
CHZN) has held its Annual General Shareholders’ Meeting. Participants in the
AGM, including shareholders and their representatives, control 70.2% of the
Company’s voting shares. 
 Pavel Izbrekht, General Director of CZP, presented the annual report and
CZP’s financials for the year ended December 31, 2015, and Company’s
social and corporate policy. 
 The AGM approved the annual report and the financial statements of JSC
“CZP” for 2015. 
 The AGM voted in favor of not declaring and distributing dividends based on
the results of the 2015 reporting year. Undistributed profit for 2015 at the
amount of RUB 2,336,276  thousand to allocate for finance the priority
projects of JSC “CZP”. 
 The Shareholders elected the Board of Directors in an amount of 7 members.
The following persons were elected to the Board: 
 * Vladimir Bublik; 
* Bronislav Gongalo; 
* Pavel Izbrekht; 
* Oleg Meluhov; 
* Igor Myskin; 
* Andrey Panshin; 
* Vladimir Shvedov. 
 Also the composition of the Audit Commission in an amount of 3 members was
elected. LLC "Agency “Taxes and Financial Law” and JSC “KPMG” were
nominated as independent auditors of the Company; an interested party
transaction in relation to the obtaining of directors and officers liability
insurance for JSC CZP was adopted; redrafted Charter of JSC CZP and redrafted
Regulations on the Board of Directors of JSC CZP were adopted. 
 About Chelyabinsk Zinc Plant 
 Chelyabinsk Zinc Plant is the leading Russian zinc producer. In 2015 the
plant produced 171,002 tonnes of saleable SHG zinc. 
 According to consolidated IFRS accounts, revenue in 2015 was RUB 24,013 mln
and EBITDA was RUB 4,789 mln. 
 Ordinary shares of CZP are traded on the Moscow exchange MICEX-RTS under
ticker CHZN and Global Depository Receipts (GDR) are traded on the London
Stock Exchange under ticker CHZN. 
 Investor and Media Contacts: 
 Natalya Vasilieva, PR, 
 Tel: +7 (351) 799-01-52 

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