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Petropavlovsk PLC (POG.L)

POG.L on London Stock Exchange

10.16GBp
18 Nov 2019
Change (% chg)

0.06 (+0.59%)
Prev Close
10.10
Open
10.22
Day's High
10.22
Day's Low
10.06
Volume
1,157,124
Avg. Vol
3,448,798
52-wk High
10.56
52-wk Low
5.70

Latest Key Developments (Source: Significant Developments)

Everest Alliance Ltd Increases Voting Rights In Petropavlovsk
Friday, 8 Nov 2019 

Nov 8 (Reuters) - Petropavlovsk PLC ::EVEREST ALLIANCE LIMITED INCREASES VOTING RIGHTS IN COMPANY TO 7.537% FROM 4.55%.  Full Article

Petropavlovsk Appoints Danila Kotlyarov As CFO As Of Feb. 1, 2020
Thursday, 7 Nov 2019 

Nov 7 (Reuters) - Petropavlovsk PLC ::PLC - APPOINTMENT OF INDEPENDENT NED AND CFO CHANGE.SAYS MR DANILA KOTLYAROV TO BE APPOINTED AS CHIEF FINANCIAL OFFICER.ALEXEY DUBYNIN WHO WAS APPOINTED AS CHIEF FINANCIAL OFFICER IN JULY 2018, WILL BE LEAVING COMPANY FOR PERSONAL REASONS ON 31 JANUARY 2020.DANILA KOTLYAROV WHO WILL BE APPOINTED AS CFO ON 1 FEBRUARY 2020.  Full Article

Petropavlovsk Q3 Gold Sales 126.4Koz, Up 53% Y/Y
Monday, 21 Oct 2019 

Oct 21 (Reuters) - Gold miner Petropavlovsk PLC ::53% INCREASE IN TOTAL GOLD SALES IN Q3 TO 126.4KOZ (Q3 2018: 82.8KOZ.COMPANY REMAINS ON TRACK TO MEET ITS FULL-YEAR SALES TARGET OF C.450KOZ - 500KOZ.Q3 2019 AVERAGE REALISED GOLD PRICE OF US$1,388/OZ (Q3 2018: US$1,228/OZ), INCLUDING AN US$(89)/OZ HEDGING EFFECT.  Full Article

Petropavlovsk Targets Mid-Term Net Debt/EBITDA Of About 2.0x - Presentation
Tuesday, 10 Sep 2019 

Sept 10 (Reuters) - Petropavlovsk PLC ::TARGETS MID-TERM NET DEBT/EBITDA OF ABOUT 2.0X - PRESENTATION.SEES POX REACHING ITS FULL POTENTIAL BY 2021, CONTRIBUTION FROM REFRACTORY ORE TO INCREASE UP TO ABOUT 65% - PRESENTATION.  Full Article

Petropavlovsk H1 Underlying EBITDA $83 Mln, Up 37% Y/Y
Tuesday, 10 Sep 2019 

Sept 10 (Reuters) - Petropavlovsk PLC ::H1 REVENUE ROSE 13 PERCENT TO 305 MILLION USD.H1 UNDERLYING EBITDA ROSE 37% TO US$83 MILLION.PROFIT OF US$14 MILLION IN H1 2019 COMPARES TO A LOSS OF US$40 MILLION IN H1 2018.H1 GROUP REVENUES INCREASED 13% TO US$305 MILLION (H1 2018: US$270 MILLION).6% REDUCTION IN TOTAL CASH COSTS IN H1 TO US$841/OZ (H1 2018: US$899/OZ).H1 2% DECREASE IN NET DEBT TO US$557 MILLION (31 DECEMBER 2018: US$568 MILLION).SAYS CAPEX FOR CONSTRUCTION OF A NEW FLOTATION FACILITY AT PIONEER IS NOW EXPECTED TO BE US$30 MILLION.SAYS ALL FOUR AUTOCLAVES FULLY FUNCTIONAL AT POX.REMAINS ON TRACK TO MEET ITS FULL-YEAR TARGET OF C.450KOZ - 500KOZ OF GOLD SALES.TCC GUIDANCE FOR FY 2019 HAS BEEN REVISED DOWNWARDS FROM US$850 - US$950/OZ TO US$750 - US$850/OZ.2019 CAPEX OF US$45-US$55 MILLION, AS PER GUIDANCE GIVEN AT START OF YEAR.  Full Article

Fincraft Resources Joint Stock Co Discloses 19.27% Stake In Petropavlovsk
Tuesday, 16 Jul 2019 

July 16 (Reuters) - Petropavlovsk PLC ::FINCRAFT RESOURCES JOINT STOCK COMPANY DISLCOSES 19.27 PERCENT STAKE IN PETROPAVLOVSK AS OF JULY 11 - FILING.  Full Article

Petropavlovsk Exercises Option To Redeem Bonds
Wednesday, 3 Jul 2019 

July 3 (Reuters) - Petropavlovsk PLC ::SAYS HAS ELECTED TO EXERCISE ITS OPTION TO REDEEM OUTSTANDING BONDS.SAYS WILL REDEEM OUTSTANDING BONDS ON 9 JULY 2019.LAST DATE ON WHICH CONVERSION RIGHTS ARE EXERCISABLE IN RESPECT OF BONDS IS 4 JULY 2019 AT AN EXCHANGE PRICE OF £0.0826 PER SHARE.  Full Article

Petropavlovsk Announces Approval Of Written Resolution
Thursday, 27 Jun 2019 

June 27 (Reuters) - Petropavlovsk PLC ::SAYS WRITTEN RESOLUTION DATED 19 JUNE 2019 HAS BEEN DULY APPROVED.SAYS CURRENT INTENTION OF ISSUER TO EXERCISE ITS OPTION TO REDEEM OUTSTANDING BONDS UNDER CONDITION 9(B).SAYS INTENDS TO REDEEM BONDS IN ACCORDANCE WITH THEIR TERMS AND TO PAY TO EACH BONDHOLDER AMOUNT OF U.S.$1,080 PER U.S.$1,000 IN OUTSTANDING PRINCIPAL AMOUNT.  Full Article

Petropavlovsk Places $125 Mln Convertible Bonds At Coupon 8.25% Per Annum
Thursday, 20 Jun 2019 

June 20 (Reuters) - Petropavlovsk PLC ::PLACEMENT OF $125M BONDS AND REPURCHASE.SAYS ANNOUNCES PLACEMENT OF $125 MILLION OF GUARANTEED CONVERTIBLE BONDS DUE 2024 TO BE ISSUED BY PETROPAVLOVSK 2010 LIMITED.SAYS $25 MILLION INCREASE OPTION HAS BEEN EXERCISED IN FULL.SAYS ISSUER ALSO CONCLUDED PREVIOUSLY ANNOUNCED INVITATION TO REPURCHASE ANY AND ALL OF OUTSTANDING $100 MILLION 9.00% CONVERTIBLE BONDS DUE 2020.SAYS BONDS WILL HAVE PRINCIPAL AMOUNT OF $200,000. BONDS WILL BE ISSUED AT PAR AND WILL CARRY A COUPON OF 8.25% PER ANNUM.BONDS WILL BE CONVERTIBLE INTO FULLY PAID ORDINARY SHARES WITH INITIAL EXCHANGE PRICE OF $0.1350, SET AT PREMIUM OF 22.5%.  Full Article

Petropavlovsk Announces Convertible Bond Offering For Up To $125 Mln
Wednesday, 19 Jun 2019 

June 19 (Reuters) - Petropavlovsk PLC ::CONVERTIBLE BOND OFFERING AND REPURCHASE.UP TO U.S.$125 MILLION NEW CONVERTIBLE BOND OFFERING.UP TO U.S.$125 MILLION NEW CONVERTIBLE BOND OFFERING.CONCURRENT REPURCHASE OF, AND CONSENT SOLICITATION IN RELATION TO, ANY AND ALL OF OUTSTANDING U.S.$100 MILLION GUARANTEED CONVERTIBLE BONDS DUE 2020.  Full Article