polymetal international plc
Transactions by POLYMETAL INTERNATIONAL PLC (POLY) in the last 6 months
Polymetal International Plc (LSE:POLY) acquired 25% interest in Lichkvaz Exploration Licence in Armenia for £2.5 million in stock on April 15, 2015. The transaction also includes part of intracompany loan. Polymetal International will issue 0.43 million shares as consideration. Polymetal International also agreed an earn-in program to take its ownership to 50% in Lichkvaz Exploration.
Polymetal International Plc (LSE:POLY) acquired additional 25% stake in LLC "Vostochny Basis" from Gerosena Trading Ltd. for $12.9 million on March 17, 2015. The consideration will be payable by 1.7 million newly issued shares of Polymetal. Bill Hutchings and Sam McLennan of Morgan Stanley and Darrell Uden and Jonny Hardy of RBC Europe Limited acted as the joint brokers for Polymetal.
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