INDEPENDENT NON-EXECUTIVE DIRECTORS PENNY, MUNNINGS, EDWARDS STEP DOWN FROM NORNICKEL BOARD
MMC Norilsk Nickel (MNOD)
PRESS RELEASE Public Joint Stock Company «Mining and Metallurgical Company «NORILSK NICKEL» (PJSC "MMC "Norilsk Nickel", "Nornickel" or the "Company") INDEPENDENT NON-EXECUTIVE DIRECTORS PENNY, MUNNINGS, EDWARDS STEP DOWN FROM NORNICKEL BOARD Moscow, March 16, 2022 - Nornickel, the world's largest producer of palladium and high-grade nickel and a major producer of platinum and copper, announces that the Independent Non-Executive Directors Gareth Penny, Roger Munnings and Robert Edwards have stepped down from the company's Board of Directors. Replacement nominees for election to the Board will be announced in due course.
This announcement contains inside information in accordance with Article 7 of EU Regulation 596/2014 of 16 April 2014. Full name and position of person making the announcement - Vladimir Zhukov, Vice - president, Investor Relations
ABOUT THE COMPANY MMC Norilsk Nickel is a diversified mining and metallurgical company, the world's largest producer of palladium and high-grade nickel and a major producer of platinum and copper. The company also produces cobalt, rhodium, silver, gold, iridium, ruthenium, selenium, tellurium, sulphur and other products. The production units of Norilsk Nickel Group are located at the Norilsk Industrial District, on the Kola Peninsula and Zabaykalsky Krai in Russia as well as in Finland. MMC Norilsk Nickel shares are listed on the Moscow and on the Saint-Petersburg Stock Exchanges, ADRs are traded over the counter in the US and on the London, Berlin and Frankfurt Stock Exchanges. Media Relations: Investor Relations: Phone: +7 (495) 785 58 00 Phone: +7 (495) 786 83 20 Email: [email protected] Email: [email protected]
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ISIN: | US55315J1025 |
Category Code: | MSCL |
TIDM: | MNOD |
LEI Code: | 253400JPTEEW143W3E47 |
Sequence No.: | 149619 |
EQS News ID: | 1304739 |
End of Announcement | EQS News Service |
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Norilsk Nickel ADR Stock
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With a target price of 33 € there is potential for a 120.59% increase which would mean more than doubling the current price of 14.96 € for Norilsk Nickel ADR.