En+ International public joint stock : COMPLETION OF VTB STAKE IN EN+ ACQUISITION

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EN+ Group Intnl PJSC - ENPL COMPLETION OF VTB STAKE IN EN+ ACQUISITION Released 15:00 12-Feb-2020

RNS Number : 8060C

EN+ Group Intnl PJSC

12 February 2020

EN+ GROUP ANNOUNCES COMPLETION OF THE ACQUISITION of VTB GROUP's stake in En+ Group

12 February 2020- EN+ GROUP IPJSC (the 'Company' and, together with its consolidated subsidiaries, the 'En+ Group' or the 'Group') announces the following:

Further to the announcement issued by the Company on 6 February 2020, the Company announces the completion of the acquisition of VTB Group's 21.37% stake in the Company.

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For further information, please contact:

For media:	For investors:
Tel: [phone] Email:[e-mail]	Tel: [phone] Email:[e-mail]
Andrew Leach Tel: [phone] Email:[e-mail] Hudson Sandler LLP

About EN+ GROUP IPJSC

En+ Group is a leading international vertically integrated aluminium and hydropower producer. The Company combines power plants with a total installed capacity of 19.5 GW (including 15.1 GW of hydro power assets), and 3.9 Mt of annual aluminium production capacity (through a controlling stake in UC RUSAL plc, the world's largest aluminium producer outside of China in 2018) which is the major consumer of En+ Group's hydroelectricity.

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This announcement may include 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 'believes', 'estimates', 'plans', 'projects', 'anticipates', 'expects', 'intends', 'may', 'will' or 'should' or, in each case, their negative or other variations or comparable terminology, or by discussions of strategy, plans, objectives, goals, future events or intentions. Forward-looking statements may and often do differ materially from actual results. Any forward-looking statements reflect the Company's current view with respect to future events and are subject to risks relating to future events and other risks, uncertainties and assumptions relating to the Group's business, results of operations, financial position, liquidity, prospects, growth or strategies. Forward-looking statements speak only as of the date they are made.

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [e-mail] or visit www.rns.com.

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COMPLETION OF VTB STAKE IN EN+ ACQUISITION - RNS