The transaction of merger of Kazakhgold Group Limited and "Polus Gold" has been completed

26.07.11 16:48
/IRBIS, July 26, 2011/ - The deal on merger of KazakhGold Group Limited and "Polyus Gold" JCS has been completed, said KazakhGold. As indicated, following transaction to combine ordinary shares and GDRs of "Polyus Gold", representing in aggregate 89.14% of the issued share capital of "Polyus Gold". As a result of the proposed union, issued share capital is 3,032,149,962 ordinary shares of nominal value of ?0.0001 each. The company also announced the inclusion in the official list of the UK Listing Authority and admission to trading on the London Stock Exchange to 2,985,049,962 GDR of merged company. As of the date of this announcement 1,942,067,953 shares are issued in the form of global depositary receipts. As previously announced and approved at the shareholders' meeting July 17, 2011, the company changed its name to "Polyus Gold International Limited", which resulted in the change in market tickers to "PLGL" and "POLG", respectively. A further announcement will be made when the name change will be recorded and entered into force, including details of the new company tickers. It is currently anticipated that a name change and, accordingly, tickers will come into force on 27 July 2011. [2011-07-26]