NEWS RELEASE
For Immediate Release –
June 30, 2016
Chelyabinsk Zinc
Plant’s Board Meeting Decisions
Chelyabinsk, Russia –
June 30, 2016 – Chelyabinsk Zinc
Plant (LSE, MICEX: CHZN), Russia's
largest producer of zinc and zinc alloys, announces the decisions
made by the Board of Directors at the meeting on June 29, 2016.
The Board of Directors re-elected Oleg Melukhov as Chairman and
Albert Batrshin as Company Secretary.
The members of the Board of Directors formed the Audit
Committee. The following independent directors joined the
Committee:
-
Vladimir Bublik;
-
Bronislav Gongalo;
-
Igor Myskin.
CZP’s Board elected the Management Board of CZP which
includes:
-
Pavel Izbrekht (General Director);
-
Michael Kabanov (Director for
mine-mill activities);
-
Sergey Kondakov (Chief
accountant);
-
Ekaterina Korkunova (Head of finance and economic office);
-
Igor Latypov (Security
Director);
-
Dzhakhangir Makhmudov (Deputy General Director for commercial
and financial affairs);
-
Konstantin Rozenberg (Director
for human resources and administration);
-
Alexander Zatonskiy (Technical Director).
Also were approved Regulations on the Dividend Policy of PJSC
CZP; Redrafted Regulations on the Audit Committee of the Board of
Directors of PJSC CZP; Internal Audit Policy of PJSC CZP; Redrafted
Regulations on Information Policy of PJSC CZP; Redrafted
Regulations on Corporate Secretary of PJSC CZP.
About Chelyabinsk
Zinc Plant
Chelyabinsk Zinc Plant is the leading
Russian zinc producer. In 2015 the plant produced 171,002 tonnes of
saleable SHG zinc.
According to consolidated IFRS accounts, revenue in 2015 was
RUB 24,013 mln and EBITDA was RUB 4,789 mln.
Ordinary shares of CZP are traded on
the Moscow exchange under ticker
CHZN and Global Depository Receipts (GDR) are traded on the London
Stock Exchange under ticker CHZN.
Investor and Media
Contacts:
Natalya Vasilieva, PR, ngv@zinc.ru
Tel: +7 (351)
799-01-52