Suspension of Trading in the Shares of IRC Limited
RNS Number : 1268T
Petropavlovsk PLC
15 November 2013
15 November 2013
Suspension of Trading in the Shares of IRC Limited
Petropavlovsk PLC announces that IRC Limited, its 51.2% owned iron ore mining subsidiary, has today suspended trading of its shares on The Stock Exchange of Hong Kong Limited.
This is due to a possible revision to the timetable of the previously announced investment in IRC Limited by General Nice Development Limited and Minmetals Cheerglory Limited, which was scheduled to be completed by 18 November 2013.
The revision may also include a change to the order in the steps that will be taken towards completion of the transaction.
IRC Limited and Petropavlovsk PLC will announce further details when they become available.
Enquiries
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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