OREANDA-NEWS  Polymetal Int (combines the assets of Polymetal JSC) successfully completed the redomicilation of the company from the island of Jersey to the Astana International Financial Center (AIFC) in Kazakhstan on August 7, it follows from Polymetal's message.

Polymetal Int shares were traded on the London Stock Exchange (LSE), the Kazakhstan Stock Exchange (AIX) and the Moscow Stock Exchange until August 1. The last day of trading on the LSE was August 1. In order to carry out the necessary operations related to redomicilation, AIX and the Moscow Exchange also suspended trading in the company's shares.

"The company confirms that now its premium listing is located in Kazakhstan. The resumption of trading on AIX will be announced later, after the company completes all technical procedures," Polymetal said in a statement.
Polymetal shareholders at the general meeting on May 30 approved the redomicilation of the company with Jersey in the AIFC in Kazakhstan. As a result, the company is excluded from the register of companies on the island and registered with the AIFC, continuing its activities in the new jurisdiction.

The issued share capital of Polymetal Int (as of December 31, 2022) consists of 473,626,239 ordinary shares without par value, each of which grants the right to one vote. The EAST Group of Alexander Nesis and his partners owns about 24% of the shares, more than 75% is in free circulation, the company does not have a treasury package.

Polymetal is a Russian gold and silver mining company with operating enterprises and development projects in Russia and Kazakhstan. Polymetal Int is now registered in Kazakhstan. According to the results of the first quarter of the year, the company reduced the annual output of gold by 3%, to 296 thousand ounces (9.2 tons), silver - by 13%, to 3.9 million ounces (121.3 tons).