Further Subscription Completion Deferred
RNS Number : 5461K
Petropavlovsk PLC
25 June 2014
25 June 2014
General Nice Further Subscription Completion And
Minmetals Cheerglory Subscription Completion Deferred
Petropavlovsk PLC wishes to notify that IRC Limited ("IRC") has announced that the General Nice further subscription and the Minmetals Cheerglory subscription completion did not take place today as planned.
The Company is in discussions with General Nice, Mr Cai Sui Xin (the controlling shareholder and Chairman of General Nice) and Minmetals Cheerglory about a further deferred completion and other available options.
A further announcement will be released in due course.
Further details may be found in the announcement of IRC Limited, available on its website www.ircgroup.com.hk
IRC is a producer and developer of industrial commodities and was the Groups former Non-Precious Metals Division, prior to its listing on the Stock Exchange of Hong Kong Limited (stock code 1029).
Enquiries
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Petropavlovsk PLC
Alya Samokhvalova
Rachel Tuft
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+44 (0) 20 7201 8900
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Maitland
Neil Bennett
George Trefgarne
Seda Ambartsumian
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+44 (0)20 7379 5151
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This information is provided by RNS
The company news service from the London Stock Exchange
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