London Stock Exchange Plc
10 Paternoster Square
London, EC4M 7LS
United Kingdom
Attn: Admission and Cancellation
7 October 2024
Dear Sirs
En+ Group International Public Joint-Stock Company (the "Company") wishes to inform you that in accordance with Russian Federal Law No. 114-FZ dated 16 April 2022 (the "Law"), as of 27 April 2022, the offering and trading of foreign securities representing shares of Russian issuers outside the Russian Federation became prohibited. The Law required Russian issuers to terminate all depository receipts programmes shortly after the Law had come into effect, unless special approval from the Sub-commission of the Governmental Commission on Control of Foreign Investments in the Russian Federation (the "Commission") was obtained. On 13 May 2022, the Company obtained permission from the Commission to extend the termination deadline and keep its depositary receipts programmes active until 7 November 2024 (inclusive) (the "Permission"). The Permission expires on 8 November 2024 and the Company is required to terminate its depositary programmes within five business days from the date of expiration of the Permission.
In view of the above and pursuant to Rule 4.18 of the Admission and Disclosure Standards of the London Stock Exchange ("LSE"), the Company hereby notifies you of its intention to cancel the admission of the following securities to trading on the LSE's main market to be effective on 8 November 2024:
(1) Regulation S global depositary receipts, each representing 1 ordinary share of IPJSC En+ Group (ISIN US29355E2081);
(2) Rule 144A global depositary receipts, each representing 1 ordinary share of IPJSC En+ Group (ISIN US29355E1091).
As the Law requires Russian issuers (including the Company) to terminate agreements relating to depositary receipt programmes, the Company also informs you that it notified Citibank N.A. on 7 October 2024 of its intention to terminate each of the deposit agreements related to the securities specified in items (1) and (2) above as of 8 November 2024.
Sincerely,
Kolmogorov V.V.
General Director
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