Petropavlovsk PLC Board update (7991V)
April 19 2021 - 01:00AM
UK Regulatory
TIDMPOG
RNS Number : 7991V
Petropavlovsk PLC
19 April 2021
19 April 2021
Petropavlovsk PLC
Board Update
The board of directors of Petropavlovsk PLC (the " Board ") is
pleased to announce the appointment of Mr. Mikhail Irzhevsky as an
independent non-executive director with effect from 16 April
2021.
Mr. Irzhevsky has over 25 years of commercial experience with
significant expertise in internal controls, governance, corporate
law and M&A transactions, including in the resources sector and
in Russia. Mr. Irzhevsky has served as chair of the audit committee
for Bank Trust in Moscow since August 2019 and is currently Deputy
CEO for Legal Affairs at Russian Direct Investment Fund.
Mr. Irzhevsky is a Russian national and a fluent English
speaker. Following his appointment to the Board, he has also become
a member of the audit and remuneration committee s.
Chairman , James W. Cameron Jr ., said:
"I am delighted that Mikhail has joined the Board. His extensive
commercial experience and understanding of financial, governance
and regula b ory matters will be of great benefit to the Company .
His appointment brings the number of non-executive directors on the
B oard to five, of whom four are independent or, in my case as
Chair, were independent on appointment .
We remain committed to expanding the B oard further and look
forward to making additional independent non-executive appointments
in due course."
About Mikhail Irzhevsky
Since 2018 Mr Irzhevsky has been the Deputy CEO for Legal
Affairs of the Russian Direct Investment Fund. He joined the Board
of Bank Trust in 2018 and has served as Chairman of the Audit
Committee since 2019. From 2013 to 2018 Mr. Irzhevsky was the
Vice-President for Legal Affairs at PJSC Rostelecom and in 2016 -
2017 served on its Board of Directors. From 1999 to 2013 Mr.
Irzhevsky was practising law at the international law firm of
Freshfields Bruckhaus Deringer, including as a partner from
2007.
Mr. Irzhevsky is a qualified lawyer, having studied at the
Lomonosov Moscow State University, and is a former member of the
Moscow Regional Bar Association.
Mr. Irzhevsky has no other disclosable appointments and there is
no other information relating to him required to be disclosed
pursuant to paragraph LR 9.6.13R of the Listing Rules of the
Financial Conduct Authority.
About Petropavlovsk
Petropavlovsk PLC (LSE: POG. MOEX: POGR) is a major integrated
Russian gold producer with JORC Resources of 21.03Moz Au which
include Reserves of 8.46Moz Au. Following its IPO on the
Alternative Investment Market (AIM) in 2002, Petropavlovsk was
promoted to the London Stock Exchange in 2009, where today it is a
Premium Listed company and a constituent of the FTSE 250, FTSE 350
and FTSE All Share indices.
The Company's key operating mines (Pioneer, Malomir and Albyn)
are in the Amur Region in the Russian Far East. Petropavlovsk has
produced a total of c.8.2Moz of gold since operations began in 1994
and has a strong track record of mine development, expansion and
asset optimisation.
The Group recently entered a new era of growth following the
successful commissioning and start-up of its flagship asset, the
Pressure Oxidation (POX) Hub at Pokrovskiy, which enables the
processing of the Company's abundant refractory reserves and
resources.
Petropavlovsk is one of the region's largest employers and one
of the largest contributors to the sustainable development of the
local economy.
For more information
Please visit www.petropavlovskplc.com or contact:
Petropavlovsk PLC +44 (0) 20 7201 8900
Patrick Pittaway / Max Zaltsman / Viktoriya TeamIR@Petropavlovskplc.com
Kim
Hudson Sandler +44 (0) 20 7796 4133
Charlie Jack / Katerina Parker / Elfie Petropavlovsk@hudsonsandler.com
Kent
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