REG-Polymetal International plc Polymetal: Results of GM

Polymetal International PKAnnouncement

12/10/2022 12:30

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   Polymetal International plc (POLY)
   Polymetal: Results of GM

   12-Oct-2022 / 14:30 MSK
   Dissemination of a Regulatory Announcement, transmitted by EQS Group.
   The issuer is solely responsible for the content of this announcement.

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   Release time IMMEDIATE                            LSE, MOEX, AIX: POLY
   Date         12 October 2022                                ADR: AUCOY
                                                      

   Polymetal International plc

     Results of GM

   Polymetal announces that at the General Meeting (“GM”) of the Company held
   today at 10.00 am (BST), all resolutions proposed by the Directors in  the
   Notice of the GM dated 22 September 2022 were passed.

   Voting results

   Resolution*         Vote type        Voted       Voted % % of Issued Share
                                                            Capital
   01,SANCTION OF      For              140,055,764   97.98             29.57
   SHARES              Against            2,880,301    2.02              0.61
                       Votes Withheld**     596,940       -                 -
                       For              140,055,355   97.99             29.57
   02,BUYBACK APPROVAL Against            2,879,380    2.01              0.61
                       Votes Withheld**     598,270       -                 -
                       For              139,999,982   97.95             29.56
   03,TREASURY SHARES  Against            2,935,848    2.05              0.62
                       Votes Withheld**     597,175       -                 -

   * Resolutions numbered 2 and 3 are ordinary resolutions and resolution
   numbered 1 is special resolution.
   ** A “vote withheld” is not a ‘vote’ under Jersey law and is not counted
   in the calculation of the votes ‘For’ and ‘Against’ the resolution.

   Background

   On 3  June 2022,  the  EU imposed  sanctions  on the  National  Settlement
   Depository (“NSD”). This blocked the operations on a specific and  limited
   number of shares which are held between Euroclear SA and the NSD, via  the
   UK central  securities depositary  CREST platform.  CREST is  operated  by
   Euroclear UK  and  International  Ltd  and  is  the  relevant  system  for
   paperless settlement  of share  transfers  and the  holding of  shares  in
   uncertificated form.

   On 22  September 2022,  Polymetal announced  its intention  to conduct  an
   offer  to   exchange  certain   eligible  shares   in  consideration   for
   certificated shares, subject to shareholder  approval at this GM.  Further
   details of the  exchange offer can  be found in  the combined  shareholder
   circular and notice of  General Meeting (the  "Circular") published on  22
   September 2022.

   Timetable

   The timetable for the Exchange Offer remains unchanged since the Company’s
   announcement on 6 October 2022. Eligible Shareholders are reminded of  the
   outstanding Exchange Offer timetable:             

               2022

   Latest time and date for receipt of Tender Forms and

   accompanying documentation by 4 p.m. on 3 November

   Exchange Offer closes  4 p.m. on 3 November

   Record Date for the Exchange Offer 5 p.m. on 3 November

   Conditional notification to participating shareholders of successful
   tenders                                               4 November

   Notification to participating shareholders of any other information
   required                                             10 November

   Response to additional information requests of the Company  by 4 p.m. on
   17 November

   Unconditional notification to participating shareholders of

   successful tenders  10 November to 9 December               

   Latest time for completion of individual exchanges up to 16 December

   Announcement of results of each exchange up to 19 December

    (1) CREST members and, where  applicable, their CREST sponsors or  voting
   service providers are referred,  in particular, to  those sections of  the
   CREST Manual  concerning  practical limitation  of  the CREST  system  and
   timings and to the relevant website at www.euroclear.com.

    

   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.

   References to times in this announcement are to British Summer Time up  to
   and including 29 October 2022 and, from then on, Greenwich Mean Time. 

   Enquiries

       Investor Relations
   Polymetal         1 ir@polymetalinternational.com

   Evgeny Monakhov  +44 20 7887 1475 (UK)
   Timofey Kulakov
   Kirill Kuznetsov +7 812 334 3666 (Russia)

    

    

                           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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   ISIN:          JE00B6T5S470
   Category Code: ROM
   TIDM:          POLY
   LEI Code:      213800JKJ5HJWYS4GR61
   Sequence No.:  194082
   EQS News ID:   1462105


    
   End of Announcement EQS News Service

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References

   Visible links
   1. mailto:ir@polymetalinternational.com


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