REG - EN+ Group Intnl PJSC - Notice of Intention to Cancel Listing

En+ MKPAOAnnouncement

09/10/2024 09:45

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RNS Number : 4263H  EN+ Group Intnl PJSC  08 October 2024

London Stock Exchange Plc

10 Paternoster Square

London, EC4M 7LS

United Kingdom

Attn: Admission and Cancellation

7 October 2024

 

Dear Sirs

 

En+ Group International Public Joint-Stock Company (the "Company") wishes to
inform you that in accordance with Russian Federal Law No. 114-FZ dated 16
April 2022 (the "Law"), as of 27 April 2022, the offering and trading of
foreign securities representing shares of Russian issuers outside the Russian
Federation became prohibited. The Law required Russian issuers to terminate
all depository receipts programmes shortly after the Law had come into effect,
unless special approval from the Sub-commission of the Governmental Commission
on Control of Foreign Investments in the Russian Federation (the "Commission")
was obtained. On 13 May 2022, the Company obtained permission from the
Commission to extend the termination deadline and keep its depositary receipts
programmes active until 7 November 2024 (inclusive) (the "Permission"). The
Permission expires on 8 November 2024 and the Company is required to
terminate its depositary programmes within five business days from the date of
expiration of the Permission.

 

In view of the above and pursuant to Rule 4.18 of the Admission and Disclosure
Standards of the London Stock Exchange ("LSE"), the Company hereby notifies
you of its intention to cancel the admission of the following securities to
trading on the LSE's main market to be effective on 8 November 2024:

 

(1)        Regulation S global depositary receipts, each representing 1
ordinary share of IPJSC En+ Group (ISIN US29355E2081);

(2)        Rule 144A global depositary receipts, each representing 1
ordinary share of IPJSC En+ Group (ISIN US29355E1091).

 

As the Law requires Russian issuers (including the Company) to terminate
agreements relating to depositary receipt programmes, the Company also informs
you that it notified Citibank N.A. on 7 October 2024 of its intention to
terminate each of the deposit agreements related to the securities specified
in items (1) and (2) above as of 8 November 2024.

 

 

 

Sincerely,

 

 

 

 

 

Kolmogorov V.V.

General Director

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