REG - Polymetal Int PLC - Board succession programme <Origin Href="QuoteRef">POLYP.L</Origin>

Polymetal International PKAnnouncement

01/06/2017 07:00

RNS Number : 8074G
Polymetal International PLC
01 June 2017
Release time
IMMEDIATE
Date
01June2017
Polymetal International plc
Board succession programme 
Polymetal International plc (LSE, MOEX: POLY; ADR: AUCOY) (together with its subsidiaries - "Polymetal", the "Company", or the "Group") is pleased to announce the start of its Board of Directors succession programme. 
In order to further enhance the Board's core skills in finance, mining and institutional investor engagement while adhering to best practice in corporate governance, including having a majority of independent directors, Polymetal is starting a phased refresh of its Non-Executive Directors with at least one new director to be appointedat the Annual General Meeting in 2018, with further appointments in the next two years. The Company has engaged an executive searchfirm Spencer Stuart as a consultant to assist with the process. 
"Over the next few years we will build a pipeline of potential candidates and have multiple appointments to the Board, said Bobby Godsell, Chairman of Polymetal. "The Board is keen to ensure that we continue to have the appropriate balance of skills and experience to support, monitor and challenge the executive team in delivering on the Group's strategy."
Enquiries
Media
Investor Relations
FTI Consulting 
Leonid Fink 
Jenny Payne
+44 20 3727 1000
Polymetal
Evgenia Onuschenko
Maryana Nesis
Michael Vasiliev 
ir@polymetalinternational.com
+44 20 7016 9505 (UK)
+7 812 334 3666 (Russia)
Joint Corporate Brokers
Morgan Stanley
Sam McLennan
Richard Brown

Panmure Gordon 
Adam James 
Tom Salvesen
+44 20 7425 8000
+44 20 7886 2500
RBC Europe Limited
Tristan Lovegrove
Marcus Jackson
+44 20 7653 4000
FORWARD-LOOKING STATEMENTS
THIS RELEASE MAY INCLUDE STATEMENTS THAT ARE, OR MAY BE DEEMED TO BE, "FORWARD-LOOKING STATEMENTS". THESE FORWARD-LOOKING STATEMENTS SPEAK ONLY AS AT THE DATE OF THIS RELEASE. THESE FORWARD-LOOKING STATEMENTS CAN BE IDENTIFIED BY THE USE OF FORWARD-LOOKING TERMINOLOGY, INCLUDING THE WORDS "TARGETS", "BELIEVES", "EXPECTS", "AIMS", "INTENDS", "WILL", "MAY", "ANTICIPATES", "WOULD", "COULD" OR "SHOULD" OR SIMILAR EXPRESSIONS OR, IN EACH CASE THEIR NEGATIVE OR OTHER VARIATIONS OR BY DISCUSSION OF STRATEGIES, PLANS, OBJECTIVES, GOALS, FUTURE EVENTS OR INTENTIONS. THESE FORWARD-LOOKING STATEMENTS ALL INCLUDE MATTERS THAT ARE NOT HISTORICAL FACTS. BY THEIR NATURE, SUCH FORWARD-LOOKING STATEMENTS INVOLVE KNOWN AND UNKNOWN RISKS, UNCERTAINTIES AND OTHER IMPORTANT FACTORS BEYOND THE COMPANY'S CONTROL THAT COULD CAUSE THE ACTUAL RESULTS, PERFORMANCE OR ACHIEVEMENTS OF THE COMPANY TO BE MATERIALLY DIFFERENT FROM FUTURE RESULTS, PERFORMANCE OR ACHIEVEMENTS EXPRESSED OR IMPLIED BY SUCH FORWARD-LOOKING STATEMENTS. SUCH FORWARD-LOOKING STATEMENTS ARE BASED ON NUMEROUS ASSUMPTIONS REGARDING THE COMPANY'S PRESENT AND FUTURE BUSINESS STRATEGIES AND THE ENVIRONMENT IN WHICH THE COMPANY WILL OPERATE IN THE FUTURE. FORWARD-LOOKING STATEMENTS ARE NOT GUARANTEES OF FUTURE PERFORMANCE. THERE ARE MANY FACTORS THAT COULD CAUSE THE COMPANY'S ACTUAL RESULTS, PERFORMANCE OR ACHIEVEMENTS TO DIFFER MATERIALLY FROM THOSE EXPRESSED IN SUCH FORWARD-LOOKING STATEMENTS. THE COMPANY EXPRESSLY DISCLAIMS ANY OBLIGATION OR UNDERTAKING TO DISSEMINATE ANY UPDATES OR REVISIONS TO ANY FORWARD-LOOKINGSTATEMENTSCONTAINEDHEREIN TO REFLECT ANY CHANGE IN THE COMPANY'S EXPECTATIONS WITH REGARD THERETO OR ANY CHANGE IN EVENTS, CONDITIONS OR CIRCUMSTANCES ON WHICH ANY SUCH STATEMENTS ARE BASED

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