REG-Polymetal International plc Polymetal: Suspension of Trading on the London Stock Exchange

Polymetal International PKAnnouncement

01/08/2023 18:00

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   Polymetal International plc (POLY)
   Polymetal: Suspension of Trading on the London Stock Exchange

   01-Aug-2023 / 20:00 MSK

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   Release time IMMEDIATE                            LSE, MOEX, AIX: POLY
   Date         1 August 2023                                  ADR: AUCOY
                                                      

   Polymetal International plc

     Suspension of Trading on the London Stock Exchange

   Polymetal International plc  (the “Company”) confirms  that in advance  of
   the Re-domiciliation taking place on  7 August 2023, the Company’s  shares
   have now been suspended from trading on the London Stock Exchange.

   As set out in the  circular published by the Company  on 10 May 2023  (the
   “Re-domiciliation Circular”), and in accordance with the announcement made
   by the Company on 21 July 2023,  as a result of the Re-domiciliation,  the
   Ordinary Shares will  cease to  be compatible  with electronic  settlement
   within CREST and will consequently result in the inability of the  Company
   to meet  certain  basic  requirements  to  maintain  the  London  Listing.
   Therefore, trading in  the Ordinary  Shares on the  London Stock  Exchange
   needs to be  suspended and  will remain suspended  until the  date of  the
   London De-listing.

   The Company can confirm that trading in the Ordinary Shares on the  London
   Stock Exchange has now been suspended.

   For the avoidance of doubt, the  suspension is not expected to be  removed
   and the Company’s Ordinary Shares will no  longer be able to be traded  on
   the London Stock Exchange.

   As approved by shareholders at the General Meeting on 28 July 2023, it  is
   expected that the London De-Listing will occur on 29 August 2023.

   In addition and in accordance with the announcement made by the Company on
   21 July  2023, the  Company confirms  that  trading on  the AIX  was  also
   suspended today in order to  effect the Re-domiciliation, and is  expected
   to  be  resumed   on  or  after   the  Re-domiciliation  Effective   Date.
   Notwithstanding this temporary  suspension, the  Company re-confirms  that
   following the Re-domiciliation, it  will remain listed  on the AIX,  which
   will become the Company’s primary stock exchange.

   In light of the above, the  Company further confirms that the record  date
   for the purposes of the Re-domiciliation is Friday 4 August 2023.

   Unless otherwise defined herein,  defined terms have  the same meaning  as
   set out in Re-domiciliation Circular.

   Enquiries

       Investor Relations
   Polymetal International plc  1 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:  SRS
   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.:   261676
   EQS News ID:    1693597


    
   End of Announcement EQS News Service

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References

   Visible links
   1. mailto:ir@polymetalinternational.com


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