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REG - EN+ Group Intnl PJSC - EN+ statement re European Council announcement

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RNS Number : 9257H  EN+ Group Intnl PJSC  11 April 2022

EN+ statement re European Council announcement

11 April 2022 - EN+ GROUP IPJSC (the "Company", "EN+" or the "Group")
(LSE: ENPL; MOEX: ENPG), the world's largest producer of low-carbon
aluminium and independent hydropower, announced the following:

Following announcement by the European Council, EN+ and UC RUSAL confirm that
the announcement has no impact on the Group or its subsidiaries, and they
remain free from sanctions worldwide. Mr. Deripaska surrendered majority
ownership and control of the Group as part of an agreement with the U.S.
Treasury Office of Foreign Asset Control (OFAC) in 2019. The robust corporate
governance and ownership changes that we put in place in that landmark
agreement remain effective and ongoing.

For further information, please contact:

 For media:                      For investors:
 Tel: +7 495 642 79 37           Tel: +7 (495) 642 7937

 Email: press-center@enplus.ru   Email: ir@enplus.ru

***

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.

 

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