Brief: Russia's Polyus says still working on plan to boost free float

Polyus PAO

21/02/2017 08:32

Feb 21 (Reuters) - Russia's largest gold producer Polyus 
 PLZL.MM  told reporters in a conference call on Tuesday:     
    * Polyus is still working on a plan to increase its free 
float to 10 percent; 
    * Polyus 2017 capital expenditure will exceed the level of 
2016; 
    * Polyus has previously said it planned the placement of 5 
percent of its shares on Moscow Exchange as it needed to raise 
its free float to at least 10 percent to meet a requirement of 
Moscow Stock Exchange.  urn:newsml:reuters.com:*:nL8N1BE0XY 
 
Further company coverage:  PLZL.MM  
 
 (Reporting by Moscow Newsroom) 
 ((Polina.Devitt@thomsonreuters.com;))