Cancellation of Treasury Shares and Decrease of Share Capital

London, United Kingdom, 3 July 2018 - Nord Gold SE (“Nordgold” or the “Company”), the internationally diversified gold producer, announces that a total of 184,338 GDRs, which were purchased in accordance with GDR Buyback process of the Tender Offer closed on 8 June 2018, have been withdrawn from the GDR programme and the treasury shares representing such GDRs subsequently cancelled on 2 July 2018.

Following this transaction, the Company’s entire issued share capital as at 2 July 2018 consists of 339,189,433 ordinary shares.

Following the decrease in the issued share capital of Nordgold, the Company has registered an increase of indirect majority shareholder and non-executive director of the Company Mr. Mordashov’s interest in the Company's share capital to 99.08% from 99.03%.

Capitalised terms and expressions have the same meanings as those attributed to them in the circular sent to Company shareholders on 23 May 2018.

For further information, please contact:

Andrei Naumov
Media Relations Specialist
Tel: +7 495 644 4473
Peter Ogden
Andy Jones
Tel: +44 (0) 20 7250 1446

Press release
pdf, 208.07 kb
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