Investor Presentaiton
En+
GROUP
CORPORATE GOVERNANCE
INFORMATION
FOR SHAREHOLDERS
AND INVESTORS
En+ Group Annual Report 2021
En+ Group share performance and trading volumes
Moscow Exchange
1400
1200
1000
800
600
1400
1200
1000
800
600
As at 31 December 2021,
the free float was
13.93%
of total shareholder capital
Ordinary shares and global
depositary receipts
As at 31 December 2021, the share capital
of En+ Group was divided into 638,848,896
ordinary shares with the par value of USD
0.00007 each.
The En+ Group's ordinary shares in the form
of Global Depositary Receipts (GDRs),
are listed on the London Stock Exchange
(ticker: ENPL), where one GDR repre-
sents one share. Since 18 February 2020,
the Company's ordinary shares are also
traded in the Level One Quotation List
of the Moscow Exchange (ticker: ENPG).
On 3 and 4 March 2022, the London
Stock Exchange suspended the admis-
sion to trading of the instruments for most
Russian companies, including En+ Group.
The Company's management is not
aware of any holdings in excess
of 5% of the Company's share cap-
ital save for those disclosed
by the Company immediately above.
Depositary bank
The Company's depositary bank
is Citibank N.A., registered address:
388 Greenwich Street New York, New
York 10013, United States of America.
The contact details of Citibank N.A. are:
Citibank, N.A.
Tel: +1 (212) 723 5435
Email: [email protected]
Website: https://citiadr.
factsetdigitalsolutions.com/
www/drfront_page.idms
Registrar
The Company's registrar is Joint
Stock Company "Interregional
Registration Centre" (the "IRC").
Contact details of IRC are:
JSC "IRC"
Tel: +7 (495) 234 4470
Email: [email protected]
Website: www.mrz.ru
RUB 886.5
The En+ Group's
ordinary share price
on the Moscow Exchange
as at 30 December 2021
400
200
о
0
Jan '21
Feb '21
Mar '21
Apr '21
May '21
Jun '21
Jul '21
Aug '21 Sep '21
Oct '21
Nov '21
Dec '21
Share price, RUB per share (LHS)
Trading volume, ths shares (RHS)
Source: Bloomberg.
400
200
The En+ Group's ordinary share price on the Moscow Exchange increased from
RUB 770.5 as at 4 January 2021 to RUB 886.5 per ordinary share as at 30 December
2021. En+ Group's market capitalisation increased from RUB 492.2 billion
at the beginning of the year to RUB 566.3 billion on 30 December 2021.
The average daily trading volume during the year was 159,075 ordinary shares.
London Stock Exchange
16
14
12
10
8
80
70
60
50
40
En+ Group voting and shareholder structure as at 31 December 2021
13.93% Free float
2.55% Former family members
3.42% Other shareholders
3.22% Volnoe delo
10.55% Glencore
13.93% Free float
2.55% Independent trustee
6.64% Independent trustee
10.55% Glencore
132
14.33% Independent trustee¹
21.37% En+ Group2
7.04% En+ Group's Executive
hairman of the Bord²
6
4
30
20
2
10
السلام
о
°
Jan '21
Feb '21
Mar '21
Apr '21
May '21
Jun '21
Jul '21
Aug '21 Sep '21 Oct '21
Nov '21
Dec '21
GDR price, USD per GDR (LHS)
Trading volume, ths GDRs (RHS)
STRATEGIC REPORT
CORPORATE GOVERNANCE
3.
Note: percentages may not add up to 100% due
to rounding.
Independent trustees, who exercise voting rights
attaching to certain shares of the Company
(33.48% in total), as required by OFAC: D.J Baker,
David Crane, Arthur Dodge, Ogier Global Nominee
(Jersey) Limited.
Shares acquired from VTB by En+ Group's
subsidiary as per Company's announcements on 6
and 12 February 2020. Voting rights in respect
of 14.33% of shares are held by an independent
trustee, while the remaining voting rights
in respect of 7.04% of shares are exercised
by Executive Chairman of the Board, Lord
Barker, at the Board's direction.
Directly or indirectly. Under the agreement
between the Company and OFAC, the major
shareholder's share can not exceed 44.95%
and the voting rights can not exceed 35%.
USD 11.7
The price of En+ Group's
GDRs as 31 December 2021
Source: Bloomberg.
The price of En+ Group's GDRs on the LSE increased from USD 10.4 as at 4 January
2021 to USD 11.7 as at 31 December 2021. En+ Group's market capitalisation increased
from USD 6.6 billion at the beginning of the year to USD 7.5 billion on 31 December
2021. The average daily trading volume during that period was 5,465 GDRs.
9.95% Independent trustee
2
44.95% Mr. Deripaska³
35.00% Mr. Deripaska³
Shareholders
Voting rights
133
FINANCIAL STATEMENTS
APPENDICESView entire presentation