Placing of American Depositary Receipts in MMC Norilsk Nickel

Dow Jones received a payment from EQS/DGAP to publish this press release.

Metalloinvest Finance Designated Activity Company / Miscellaneous - High 
Priority 
Placing of American Depositary Receipts in MMC Norilsk Nickel 
 
21-Jul-2017 / 07:46 CET/CEST 
Dissemination of a Regulatory Announcement, transmitted by EquityStory.RS, 
LLC - a company of EQS Group AG. 
The issuer is solely responsible for the content of this announcement. 
 
     Not for publication, distribution or release directly or indirectly, in 
  whole or in part, in or into the United States, Australia, Canada or Japan 
or in any other jurisdiction in which offers or sales would be prohibited by 
                                                             applicable law. 
 
          This announcement is not an offer to sell or a solicitation to buy 
     securities in any jurisdiction, including the United States, Australia, 
    Canada or Japan. Neither this announcement nor anything contained herein 
 shall form the basis of, or be relied upon in connection with, any offer or 
                                  commitment whatsoever in any jurisdiction. 
 
       Placing of American Depositary Receipts in MMC Norilsk Nickel 
 
                                                                21 July 2017 
 
   Further to its announcement on 20 July 2017, METALLOINVEST CYPRUS LIMITED 
      (the "Seller"), an indirect subsidiary of Joint Stock Company "Holding 
       Company "METALLOINVEST" ("Metalloinvest"), has completed placement of 
 28,382,565 ordinary American Depositary Receipts of MMC Norilsk Nickel PJSC 
       (the "Company") (the "ADRs"), representing approximately 1.79% of the 
   Company's existing issued ordinary share capital, at a price of USD 14.10 
per share (the "Placement") raising gross sale proceeds of approximately USD 
                                          400 million through the Placement. 
 
   Following the Placement, the Seller does not have any shareholding in the 
                                                                    Company. 
 
The proceeds of the Placement are payable in cash on usual settlement terms, 
  and closing of the Placement is expected to occur on 25 July 2017, subject 
to the satisfaction or waiver of certain customary conditions. Deutsche Bank 
        AG, London Branch (" Deutsche Bank") is acting as Sole Bookrunner in 
    connection with the Placement. The Company will not receive any proceeds 
                                                         from the Placement. 
 
 The distribution of this announcement and the offer and sale of the ADRs in 
 certain jurisdictions may be restricted by law. The ADRs may not be offered 
  to the public in any jurisdiction in circumstances which would require the 
 preparation or registration of any prospectus or offering document relating 
   to the ADRs in such jurisdiction. No action has been taken by the Seller, 
    Deutsche Bank or any of their respective affiliates that would permit an 
  offering of the ADRs or possession or distribution of this announcement or 
 any other offering or publicity material relating to such securities in any 
                     jurisdiction where action for that purpose is required. 
 
 This announcement is not for publication, distribution or release, directly 
       or indirectly, in or into the United States of America (including its 
        territories and dependencies, any State of the United States and the 
 District of Columbia), Australia, Canada or Japan or any other jurisdiction 
      where such an announcement would be unlawful. The distribution of this 
  announcement may be restricted by law in certain jurisdictions and persons 
 into whose possession this document or other information referred to herein 
  comes should inform themselves about and observe any such restriction. Any 
 failure to comply with these restrictions may constitute a violation of the 
                                   securities laws of any such jurisdiction. 
 
  The securities referred to herein have not been and will not be registered 
   under the U.S. Securities Act of 1933, as amended (the "Securities Act"), 
  and may not be offered or sold in the United States, except pursuant to an 
        exemption from, or in a transaction not subject to, the registration 
 requirements of the Securities Act. Any offering and sale of the ADRs to be 
      made (i) in the United States will be made only to a limited number of 
  "qualified institutional buyers" within the meaning of Rule 144A under the 
Securities Act in accordance with Rule 144A or pursuant to another exemption 
   from the registration requirements of the Securities Act in a transaction 
   not involving any "public offering" and (ii) outside the United States in 
 offshore transactions within the meaning of, and in reliance on, Regulation 
       S under the Securities Act. Neither this document nor the information 
       contained herein constitutes or forms part of an offer to sell or the 
 solicitation of an offer to buy securities in the United States. There will 
   be no public offer of any securities in the United States or in any other 
                                                               jurisdiction. 
 
   In member states of the European Economic Area which have implemented the 
   Prospectus Directive (each, a "Relevant Member State"), this announcement 
   and any offer if made subsequently is directed exclusively at persons who 
    are "qualified investors" within the meaning of the Prospectus Directive 
     ("Qualified Investors"). For these purposes, the expression 'Prospectus 
Directive' means Directive 2003/71/EC (and amendments thereto, including the 
  2010 PD Amending Directive, and includes any relevant implementing measure 
in the Relevant Member State and the expression '2010 PD Amending Directive' 
      means Directive 2010/73/EU. In the United Kingdom this announcement is 
       directed exclusively at Qualified Investors (i) who have professional 
  experience in matters relating to investments falling within Article 19(5) 
  of the Financial Services and Markets Act 2000 (Financial Promotion) Order 
  2005, as amended (the "Order") or (ii) who fall within Article 49(2)(A) to 
            (D) of the Order, and (iii) to whom it may otherwise lawfully be 
                                                               communicated. 
 
 This announcement is not an offer of securities or investments for sale nor 
          a solicitation of an offer to buy securities or investments in any 
  jurisdiction where such offer or solicitation would be unlawful. No action 
has been taken that would permit an offering of the securities or possession 
   or distribution of this announcement in any jurisdiction where action for 
   that purpose is required. Persons into whose possession this announcement 
       comes are required to inform themselves about and to observe any such 
                                                               restrictions. 
 
    In connection with the Offering, Deutsche Bank and any of its affiliates 
acting as an investor for its own account may take up a proprietary position 
    any ADRs and in that capacity may retain, purchase or sell for their own 
  account such ADRs. In addition, they may enter into financing arrangements 
and swaps with investors in connection with which they may from time to time 
      acquire, hold or dispose of the ADRs. Deutsche Bank does not intend to 
    disclose the extent of any such investment or transactions other than in 
                accordance with any legal or regulatory obligation to do so. 
 
          Deutsche Bank AG is authorised under German Banking Law (competent 
  authority: BaFIN - Federal Financial Supervisory Authority). Deutsche Bank 
       AG, London Branch, is further authorised by the Prudential Regulation 
     Authority and is subject to limited regulation by the Financial Conduct 
   Authority and Prudential Regulation Authority. Deutsche Bank is acting on 
    behalf of the Seller and no one else in connection with the Offering and 
   will not be responsible to any other person for providing the protections 
 afforded to any of their clients or for providing advice in relation to any 
     offering of the ADRs. Deutsche Bank will not regard any other person as 
                                   their client in relation to the Offering. 
 
         This document includes statements that are, or may be deemed to be, 
         forward-looking statements. These forward-looking statements may be 
   identified by the use of forward-looking terminology, including the terms 
 "intends", "expects", "will", or "may", or, in each case, their negative or 
  other variations or comparable terminology, or by discussions of strategy, 
plans, objectives, goals, future events or intentions. These forward-looking 
           statements include all matters that are not historical facts. Any 
   forward-looking statements are subject to risks relating to future events 
     and assumptions relating to the business, in particular from changes in 
   political conditions, economic conditions, evolving business strategy, or 
         the metals and mining industry. No assurances can be given that the 
  forward-looking statements in this document will be realised. As a result, 
 no undue reliance should be placed on these forward-looking statements as a 
                                  prediction of actual results or otherwise. 
 
The EquityStory.RS, LLC Distribution Services include Regulatory 
Announcements, Financial/Corporate News and Press Releases. 
Archive at www.dgap.de/ukreg 
Language:      English 
Company:       Metalloinvest Finance Designated Activity Company 
               28, Rublevskoye shosse 
               121609 Moscow 
               Russia 
Phone:         [phone] 
Fax:           [phone] 
E-mail:        [e-mail] 
Internet:      http://www.metalloinvest.com/ 
ISIN:          XS0918297382 
WKN:           B9HLRV8 
Listed:        Foreign Exchange(s) Dublin 
Category Code: MSCH 

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July 21, 2017 01:46 ET (05:46 GMT)