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Polyus gold international limited announced its intention to
Apply for admission to listing on the premium listing segment of
The official list of the uk listing authority.
Upon admission of the shares to the london stock exchange premium
Listing, the number of gdrs cannot represent more than 4.99
Percent of the polyus gold total issued share capital.
A share election has been launched where gdr holders in dtc can
Exchange gdrs into polyus gold shares (cut off 12/06/2012) or
Continue to hold the gdrs (with potential pro-ration).
Important:
Upon decision of the issuer, the exchange of polyus gold gdrs
Into the underlying polyus gold shares is mandatory for holders
In euroclear bank (and clearstream).
On 19/06/2012 (upon receipt of credit confirmations),
All positions in euroclear bank accounts at close of business
15/06/2012 will be exchanged automatically into polyus gold
Shares isin je00b5wlxh36 at ratio 1 for 1.
Fees: no cancellation fees are charged on the mandatory exchange
Detailed timetable and impact on settlement:
12/06/2012 : settlement in dtc stops — any pending external
Receipt (03) or external delivery (07) instruction will be
Cancelled by euroclear bank at close of business. You cannot
Input any external receipt or delivery instructions until and
Including 18/06/2012. This includes transactions against
Counterparts in clearstream.
Settlement against counterparts in euroclear bank (internal
Receipt (01) and delivery (02)) is still possible.
15/06/2012 : record date for mandatory exchange — fix of your
Positions close of business. All pending internal receipt (01)
And internal delivery (02) instructions in us73180y2037
Will be cancelled after close of business. Euroclear bank will
Replace such transactions isin je00b5wlxh36.
19/06/2012: upon admission of polyus gold shares to the premium
Listing and availibility of shares, euroclear bank will debit
Fixed positions in the gdrs and will credit 1 polyus gold share
(je00b5wlxh36) per cancelled gdr.
More information:
Www.polyusgold.com (click on ’intended move to premium listing’)
Action to be taken
See below ’event details narrative’.
The exchange is mandatory for any position held in euroclear bank
Accounts at close of business 18/06/2012.
Positions can be moved out of or into euroclear bank until
12/06/2012. All pending/unsettled external receipts and
Deliveries are cancelled in euroclear bank close of business
12/06/2012. Internal settlement is possible until and including
15/06/2012. Close of business 18/06/2012 all pending instructions
Are cancelled.
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