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Petropavlovsk Plc (POG)

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Tuesday 20 April, 2010

Petropavlovsk Plc

Reorganisation of Director's

RNS Number : 4332K
Petropavlovsk PLC
20 April 2010

20 April 2010

Reorganisation of Director's holdings

On 19 April 2010, Petropavlovsk PLC (the "Company") was advised by Macaria Investments Limited ("Macaria"), a company associated with Dr. Pavel Maslovskiy, the Company's Chief Executive, that the following amounts of ordinary shares in the Company (the "Shares") were transferred to Macaria from other entities associated with Dr. Maslovskiy:

-     1,452,833 Shares from Viscaria Investments Limited;

-     181,845 Shares from Millenium Implementation Limited; and

-     1,604,358 Shares from Precious Metals Investments Limited.

All transfers were for nil consideration, occurred on 19 April 2010 and were part of an internal reorganisation of Dr. Maslovskiy's holdings in the Company.

As a result of those transfers the total holding of Macaria Investments Limited increased to 4,867,552 representing 2.67 % of the Company issued share capital.

Overall, Dr. Pavel Maslovskiy and his associates' holdings remain at 16,763,657 Shares representing 9.21% of the Company's issued share capital.



Petropavlovsk PLC

Alya Samokhvalova - Group Head of External Communications

Rachel Tuft - Investor Relations


+44 (0) 20 7201 8900



David Simonson 

Tom Randell 

Fiona Crosswell

+44 (0) 20 7726 8400









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