REG-Polymetal International plc Polymetal: Further Extension to Exchange Offer Timetable

Polymetal International PKAnnouncement

16/06/2023 07:15

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Polymetal International plc (POLY)
Polymetal: Further Extension to Exchange Offer Timetable

16-Jun-2023 / 09:00 MSK

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Release time IMMEDIATE                            LSE, MOEX, AIX: POLY
Date         16 June 2023                                   ADR: AUCOY
                                                   

Polymetal International plc

  Further Extension to Exchange Offer Timetable

Polymetal International plc (the “Company”) announces the  extension of the completion period for  the
exchange of certain  Eligible Shares  in consideration  for Certificated  Shares as  announced in  the
Exchange Offer on 22 September  2022. The Exchange Offer was  approved by Shareholders at the  General
Meeting on 12 October 2022.

Unless otherwise defined herein, defined terms have the same meaning as defined in the Exchange  Offer
Circular or the Re-domiciliation Circular, as appropriate.

Pursuant to the terms of the Exchange Offer set out in the combined shareholder circular and notice of
General Meeting published by the Company on 22 September 2022 (the "Exchange Offer Circular"), and  as
set out in the announcements dated 22 September 2022, 6 October 2022 and 8 December 2022, the  Company
exercises its right to extend the period for exchange under the Exchange Offer.

The expected timetable for the Exchange Offer is updated as follows:

           2023

Latest time for completion of individual exchanges up to 15 September*

Announcement of results of each exchange up to 18 September*

The above times and/or dates may be subject to further  change by the Company and in the event of  any
such change,  the revised  times and/or  dates will  be notified  to Shareholders  by an  announcement
through a Regulatory Information Service.

* The earlier of (i) this date, (ii)  the date that the Re-domiciliation becomes effective and,  (iii)
if the authority  granted to  Directors with  respect to the  Exchange  Offer  is not  renewed at  the
upcoming annual general meeting of the Company (“2023 AGM”) – the date of the 2023 AGM.

The Company continues  to engage  with the  FCA in respect  of an  orderly termination  of the  London
Listing (the “London De-Listing”). For the avoidance  of doubt, any London De-Listing will be  subject
to shareholder approval and will  take effect no less  than 20 Business Days  from the passing of  the
relevant London De-listing Resolution at a General Meeting.

References to times in this announcement are to British Summer Time. 

Further details of the Exchange Offer can be found in the Circular and in the FAQs, both of which  can
be                                              found                                              at:
 1 https://www.polymetalinternational.com/en/investors-and-media/shareholder-centre/general-meetings/.
Save for the extended period for exchange and points referred to above, no other terms of the Exchange
Offer are hereby amended.

Enquiries

    Investor Relations
Polymetal International plc  2 ir@polymetalinternational.com
Evgeny Monakhov             +44 20 7887 1475 (UK)
Kirill Kuznetsov            +7 717 261 0222 (Kazakhstan)

 

                                      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-looking statements contained herein 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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Dissemination of a Regulatory Announcement, transmitted by EQS Group.
The issuer is solely responsible for the content of this announcement.

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   ISIN:           JE00B6T5S470
   Category Code:  MSCM
   TIDM:           POLY
   LEI Code:       213800JKJ5HJWYS4GR61
   OAM Categories: 3.1. Additional regulated information required to be
                   disclosed under the laws of a Member State
   Sequence No.:   251302
   EQS News ID:    1658591


    
   End of Announcement EQS News Service

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    3 fncls.ssp?fn=show_t_gif&application_id=1658591&application_name=news&site_id=refinitiv2

References

   Visible links
   1. https://eqs-cockpit.com/cgi-bin/fncls.ssp?fn=redirect&url=8451a6364257fcf3805078e534fbdea3&application_id=1658591&site_id=refinitiv2&application_name=news
   2. mailto:ir@polymetalinternational.com


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