Nordgold - Directors’ Interests in Shares and GDRs
Amsterdam, Netherlands, December 24, 2014 – Nord Gold N.V. (“Nordgold” or the “Company”, LSE: NORD), an internationally diversified low-cost gold producer, announces that it has registered, in accordance with chapter 5.3 of the Dutch Act on Financial Supervision, the interests of Mr. Mordashov, main shareholder and non-executive director of the Company, following the acquisitions of GDRs on the London Stock Exchange on December 23, 2014 as follows:
|Director name||No. of acquired GDRs||Average price per GDR, in US$||Acquired % of the total issued share capital||% of the total issued share capital held|
Nordgold (LSE: NORD) is an international low-cost gold producer established in 2007. The Company has expanded rapidly through carefully targeted acquisitions and organic investment, achieving a rate of growth unmatched in the industry during that period. In 2013 Nordgold’s gold production was 924 thousand ounces, up from 717 thousand ounces in 2012.
The company operates 9 active mines and has 2 development projects, 4 advanced exploration projects and a diverse portfolio of early-stage exploration projects and licenses in Russia, Kazakhstan, Burkina Faso, Guinea, French Guiana, and Canada. Nordgold employs about 10,000 people.
For further information, please contact:
Head of IR
|Cell: +7 (916) 474 5996|
|Cell: +7 (916) 510 1411|
|Tel: +44 (0)20 7379 5151|