2015 Integrated Report and Notice of Annual General Meeting
Amsterdam, Netherlands, April 19, 2016 –Nord Gold N.V. (“Nordgold” or the “Company”, LSE: NORD), the internationally diversified low-cost gold producer, is pleased to announce that its Integrated Report for the year ended December 31, 2015, which includes Financial Statements, Annual Report and Sustainability Report, is now available on the Nordgold website at www.nordgold.com
Nordgold has submitted its 2015 Integrated Report to the UK National Storage Mechanism and the Irish Stock Exchange.
The Company’s Annual General Meeting (AGM) will be held at Apollolaan 15, 1077 AB Amsterdam, the Netherlands on Tuesday, 31 May 2016 at 10.00 am CET.
The agenda of the meeting includes items related to Nordgold’s intention to change its jurisdiction from the Netherlands to the United Kingdom in anticipation of pursuing a premium listing on the London Stock Exchange and anticipated inclusion in the FTSE indices. Whether the Company seeks to list on the premium segment, and the timing of a premium listing, will depend on market and other conditions at the appropriate time. Nordgold will seek shareholders’ approval for conversion of the Company into a European Company (Societas Europaea — SE) and amendment of the Company’s Articles of Association (the Conversion) and for migration of the Company to the United Kingdom and amendment of the Company’s Articles of Association to satisfy the requirements of English law (the Migration). Further information on the proposed Conversion and Migration can be found in a shareholders circular that is available with the AGM documentation on the Company’s website.
Notice of AGM and related documents (including proxy forms) are now available on the Company’s website at www.nordgold.com
Nordgold has submitted the Notice of AGM and Proxy Forms to the UK National Storage Mechanism.
Nordgold’s dividend policy is to target a payout ratio of 30% of normalised net profit attributable to shareholders. The application of this policy would have generated a total payout of US$58.5 million for the year ended December 31, 2015. As Nordgold has already declared and paid US$58.5 million in interim dividends to shareholders in respect of 2015, the Board of Directors has decided not to recommend any further or final dividend for the year ended December 31, 2015 at the Annual General Meeting.
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Head of Media Relations
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