MSE has turned the shares of Polyus Gold to the First level
From April 13th the shares of Polyus Gold are turned from the Third level to the First level of listing on the MSE.
Polyus Gold hasn’t executed a number of requirements of MICEX to be included into the First level. It is about the requirement to the stake of shares which are in free circulation. Polyus Gold says that it plans to take the necessary measures in conformity with the rules of the listing and decision f the stock exchange.
The shareholders of Polyus Gold in the framework of the requirements of the stock exchange at the annual meeting on April 5th approved the rules and regulations of the company in the new edition and reelected the Board of Directors which comprises 3 independent members.
The rise of the listing of our shares will allow to increase the liquidity of shares of Polyus Gold, their attractiveness as an investment tool as well as significantly enlarge the base of investors. This event is also the reflection of active steps in the framework of the previously announced strategy on the high level of corporate management which was shown by Polyus Gold Int Plc, including the change of configuration of the Board, CEO of Polyus Gold, P. Grachev.