Polymetal International plc shares will be added to the MSCI Russia Index for the first time since its listing on the Moscow Exchange in June 2013.
Based on the results of MSCI's Semi‐Annual Index Review announced yesterday, 13 November 2018, Polymetal will be added to the MSCI Russia Index. The changes will be implemented as of the close of 30 November 2018.
"I am proud that Polymetal has successfully met the criteria of MSCI Russia Index after significantly improving its liquidity on the Moscow Exchange," said Group CEO, Vitaly Nesis. "This is a milestone for us and will help Polymetal broaden its investor base".
The MSCI Russia Index is designed to measure the performance of the large and mid-cap segments of the Russian market. With 23 constituents, the index covers approximately 85% of the free float-adjusted market capitalization in Russia.
Polymetal International plc (LSE, MOEX: POLY, ADR: AUCOY) (together with its subsidiaries - "Polymetal", the "Company", or the "Group") is a top-20 global gold producer and top-5 global silver producer with assets in Russia, Kazakhstan and Armenia. The Company combines strong growth with a robust dividend yield.
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