Results of Extraordinary General Meeting of Shareholders
Download PDF version Printable version
Saint-Petersburg, Russia, September 3, 2008 - JSC "Polymetal" (LSE, MICEX, RTS: PMTL) ("Polymetal" or the "Company") announces that Extraordinary General Meeting of Shareholders of the Company ("EGM") scheduled for today was considered void due to the absence of a quorum.
Agenda of the EGM was the following:
1. To approve procedure of the EGM.
2. To terminate the authorities of the members of the Board of Directors prior to expiration of their respective terms.
3. To elect the members of the Board of Directors.
The Company would like to remind that the next EGM convened on July 7, 2008 by request of a shareholder who owns more than 10% of voting shares of the Company, and who offered to increase the numerical composition of the Board to 9 people (the current Board consists of 7 people), will begin on Thursday, September 25, 2008, at 10:00am Moscow time, in Polymetal's headquarters at the following address: prospect Narodnogo Opolcheniya 2, 198216, St. Petersburg, Russia.
Information to be provided to eligible EGM participants will be available in the Company's headquarters (room 1112) at the above address from 10am till 5pm Moscow time every day, except weekends, from September 5, 2008.
Pavel Danilin
VP, Corporate Finance and Investor Relations
Tel. +7 812 334 3666
E-mail: danilin@polymetal.ru
Website: www.polymetal.ru
***
This release includes statements that are, or may be deemed to be, "forward-looking statements". 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. Many factors that could cause the Company's actual results, performance or achievements to differ materially from those expressed in such forward-looking statements. These forward-looking statements speak only as at the date of this release. 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.