RNS Number : 5011L
Petropavlovsk PLC
05 September 2012
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5 September 2012
Conclusion of Hedging Programme
Petropavlovsk PLC announces that the final 50,000 ounce tranche of its 170,000 ounce gold hedging programme was determined on the basis of the London Gold Market PM Fixing Price on Friday, 31 August 2012. The Company has no further gold hedge transactions outstanding at this time.
The total realised cost of the 170,000 ounce gold hedging programme to Petropavlovsk PLC is US$12.4m, of which US$9.4m was charged to the Income Statement in our recently published half-year results, with the remainder to be reflected in our full-year Income Statement.
ENQUIRIES
Petropavlovsk PLC
Alya Samokhvalova
Rachel Tuft
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+44 (0) 20 7201 8900
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Merlin
David Simonson
Anca Spiridon
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+44 (0)20 7726 8400 |
This information is provided by RNS
The company news service from the London Stock Exchange
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Petropavlovsk Plc.
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PRODUCER |
CODE : POG.L |
ISIN : GB0031544546 |
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ProfileMarket IndicatorsVALUE : Projects & res.Press releasesAnnual reportRISK : Asset profileContact Cpy |
Petropavlovsk is a gold producing company based in United kingdom. Petropavlovsk holds various exploration projects in Russia. Its main assets in production are POKROVSKIY RUDNIK, OMCHAK JOINT VENTURE and PIONEER ( RUSSIA) in Russia and its main exploration properties are MALOMIR and TOKUR in Russia. Petropavlovsk is listed in United Kingdom. Its market capitalisation is GBX 4.0 billions as of today (US$ 4.7 billions, € 4.7 billions). Its stock quote reached its highest recent level on December 26, 2008 at GBX 99.98, and its lowest recent point on March 11, 2022 at GBX 0.78. Petropavlovsk has 3 303 769 000 shares outstanding. |