REG - EN+ Group Intnl PJSC - EN+ GROUP ANNOUNCES BOARD DECISIONS
EN+ GROUP ANNOUNCES BOARD DECISIONS
16 December 2019 - EN+ GROUP IPJSC (the "Company" and, together with its consolidated subsidiaries, the "En+ Group" or the "Group") announces the decisions made at a meeting of its board of directors (the "Board") held on 13 December 2019.
As was announced on 14 November 2019, in connection with the process pursuant to which the Company redomiciled to the Russian Federation earlier this year, the Board had formally documented the Company's dividend policy, as well as regulations governing General Shareholders Meetings.
The Board has now also re-documented its Board committee terms of reference into Board committee regulations, as is customary for a Public Joint Stock Company, and formally documented the Company's internal audit policy as well as regulations governing Board activities.
The above regulations will shortly be uploaded to the En+ Group's website at https://www.enplusgroup.com/en/investors/corporate-documents/.
***
For further information, please contact:
For media:
For investors:
Tel: +7 495 642 79 37
Email: press-center@enplus.ru
Tel: +7 (495) 642 7937
Email: ir@enplus.ru
Andrew Leach
Tel: +44 (0) 20 7796 4133
Email: ENplus@hudsonsandler.com
Hudson Sandler LLP
About EN+ GROUP IPJSC
En+ Group is a leading international vertically integrated aluminium and hydropower producer. The Company combines power plants with a total installed capacity of 19.5 GW (including 15.1 GW of hydro power assets), and 3.9 Mt of annual aluminium production capacity (through a controlling stake in UC RUSAL plc, the world's largest aluminium producer outside of China in 2018) which is the major consumer of En+ Group's hydroelectricity.
***
This announcement may include statements that are, or may be deemed to be, "forward-looking statements". These forward-looking statements may be identified by the use of forward-looking terminology, including the terms "believes", "estimates", "plans", "projects", "anticipates", "expects", "intends", "may", "will" or "should" or, in each case, their negative or other variations or comparable terminology, or by discussions of strategy, plans, objectives, goals, future events or intentions. Forward-looking statements may and often do differ materially from actual results. Any forward-looking statements reflect the Company's current view with respect to future events and are subject to risks relating to future events and other risks, uncertainties and assumptions relating to the Group's business, results of operations, financial position, liquidity, prospects, growth or strategies. Forward-looking statements speak only as of the date they are made.
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.ENDMSCFELLFKLFZFBD