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En+ Group PLC (ENPLq.L)

ENPLq.L on London Stock Exchange

6.82USD
16 Jul 2019
Change (% chg)

$-0.74 (-9.79%)
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Latest Key Developments (Source: Significant Developments)

United Company RUSAL Enters Contracts With Associates Of En+
Wednesday, 10 Jul 2019 08:20pm EDT 

July 11 (Reuters) - United Company Rusal Plc ::ENTERED CONTRACTS WITH ASSOCIATES OF EN+, PURSUANT TO WHICH ASSOCIATES OF EN+ AGREED TO PROVIDE REPAIR SERVICES TO MEMBERS OF GROUP.ASSOCIATES OF EN+ AGREED TO PROVIDE REPAIR SERVICES TO MEMBERS OF GROUP..ANNUAL AGGREGATE TRANSACTION AMOUNT PAYABLE BY GROUP TO EN+ ASSOCIATES FOR FY IS ABOUT $16.902 MILLION.  Full Article

En+ says Q1 net profit down 38.7% year-on-year
Friday, 31 May 2019 02:01am EDT 

May 31 (Reuters) - Russian aluminium and power producer En+ Group PLC said on Friday::Q1 net profit down 38.7% year-on-year to $409 million;.Q1 adjusted EBITDA down by 37.7% to $579 million;.Q1 revenue declined by 19.1% to $2.8 billion..  Full Article

En+ Group Says Qtrly Aluminium Sales Down 7.2 Pct To 896 KT
Tuesday, 30 Apr 2019 02:00am EDT 

April 30 (Reuters) - En+ Group PLC ::EN+ GROUP PLC - IN 1Q 2019, ALUMINUM SALES DECREASED BY 7.2% Y-O-Y TOTALLING 896 KT.EN+ GROUP PLC - IN 1Q 2019, AVERAGE ALUMINIUM REALISED PRICE DECREASED BY 16.2% Y-O-Y TO USD 1,949 PER TONNE..EN+ GROUP PLC - IN 1Q 2019, ALUMINIUM PRODUCTION REMAINED LARGELY STABLE AND TOTALLED 928 KT (DOWN 0.3% Y-O-Y).EN+ GROUP PLC - IN 1Q 2019, GROUP'S ELECTRICITY PRODUCTION INCREASED BY 9.1% Y-O-Y TO 19.2 TWH..EN+ GROUP PLC - IN 1Q 2019, GROUP'S HYDRO POWER OUTPUT INCREASED BY 17.4% Y-O-Y TO 14.2 TWH..  Full Article

Russia's Nornickel board approves nominations
Friday, 5 Apr 2019 08:15am EDT 

April 5 (Reuters) - Russian mining giant Norilsk Nickel (Nornickel) says::Nornickel's board of directors has approved nominations to the board for a shareholders' vote at its annual meeting this year..The nominations include the following candidates, who are not members of the current board: Maxim Poletayev, advisor to the head of Sberbank <<>>, Sergey Volk, a senior banker at Sberbank, Vyacheslav Solomin, executive director at En+ Management LLC and Evgeny Shvarts, director for conservation policy at the WWF in Russia..  Full Article

Russia's En+ appoints three non-executive directors
Friday, 8 Feb 2019 12:03pm EST 

Feb 8 (Reuters) - En+ Group PLC ::Says Vadim Geraskin, Ekaterina Tomilina, Elena Nesvetaeva appointed Non-Executive Directors of the Board.Says Greg Barker has been appointed Executive Chairman of the Board.Says Barker's appointment comes with additional powers and responsibilities, designed to tighten the control of the board over corporate governance;.Says Christopher Bancroft Burnham has been appointed Senior Independent Director and Chairman of the Regulation and Compliance Committee.  Full Article

En+ Group FY 2018 Aluminum Sales Down 7.2% Y-O-Y
Friday, 8 Feb 2019 02:00am EST 

Feb 8 (Reuters) - En+ Group PLC ::SAYS FY 2018, ALUMINUM SALES DECREASED BY 7.2% Y-O-Y TOTALLING 3,671 THOUSAND TONNES.IN FY 2018, ALUMINIUM PRODUCTION INCREASED BY 1.3% Y-O-Y AND TOTALLED 3,753 THOUSAND TONNES.IN FY 2018, GROUP'S ELECTRICITY PRODUCTION INCREASED BY 7.0% Y-O-Y TO 73.2 TWH.IN FY 2018, GROUP'S HYDRO POWER OUTPUT INCREASED BY 6.2% Y-O-Y TO 58.3 TWH.IN 4Q 2018 ALUMINIUM OUTPUT WAS STABLE Y-O-Y AND TOTALLED 943 THOUSAND TONNES.IN GENERAL, ALUMINIUM MARKET IS IN A STATE OF HEAVY DEFICIT AND, AS DEMAND IS SET TO IMPROVE, ALUMINIUM PRICE HAS UPSIDE POTENTIAL.ALUMINA MARKET MAY BE EXPECTED TO BE MORE BALANCED DUE TO ALUNORTE CONTINUING PRODUCTION RECOVERY AND CAPACITY GROWTH IN CHINA.  Full Article

En+ Group Updates On Independent Trustee Arrangements
Monday, 28 Jan 2019 02:05am EST 

Jan 28 (Reuters) - En+ Group PLC ::DJ BAKER, DAVID CRANE, ARTHUR DODGE & OGIER GLOBAL NOMINEE (JERSEY) TO BE INDEPENDENT TRUSTEES TO EXERCISE VOTING RIGHTS OF SOME SHARES.PURSUANT TO OLEG DERIPASKA'S DIRECT AND INDIRECT OWNERSHIP INTEREST IN COMPANY TO BE REDUCED TO BELOW 50%.  Full Article

En+ Group Announces Appointment Of New Members Of Board
Monday, 28 Jan 2019 02:00am EST 

Jan 28 (Reuters) - En+ Group PLC ::ANNOUNCES APPOINTMENT OF NEW MEMBERS OF BOARD OF DIRECTORS OF COMPANY.OFFICE OF FOREIGN ASSETS CONTROL OF U.S. DEPARTMENT OF TREASURY HAS REMOVED CO AND UNITS FROM SDN LIST WITH IMMEDIATE EFFECT.REMOVAL BY OFAC SUBJECT TO SATISFACTION OF NUMBER OF CONDITIONS, INCLUDING CHANGING COMPOSITION OF BOARD AND OF BOARD OF UC RUSAL PLC.  Full Article

En+ Group Says Entered Agreement With Some Units Of Glencore
Monday, 28 Jan 2019 02:00am EST 

Jan 28 (Reuters) - En+ Group Plc ::EN+ AGREEMENT WITH CERT. SUBSIDIARIES OF GLENCORE.ANNOUNCES ENTRY BY IT INTO A SECURITIES EXCHANGE AGREEMENT WITH CERTAIN SUBSIDIARIES OF GLENCORE PLC.EN+ GROUP - ENTERED AGREEMENTS WITH CERTAIN SUBSIDIARIES OF GLENCORE PLC TO TRANSFER 8.75% OF RUSAL'S SHARES HELD BY GLENCORE TO COMPANY.DUE TO CERTAIN REGULATORY REQUIREMENTS, GLENCORE HAS AGREED TO TRANSFER ITS STAKE IN RUSAL TO COMPANY IN TWO STAGES.EN+ GROUP - FIRST STAGE WILL INVOLVE ABOUT 2% OF RUSAL'S SHARES TO BE TRANSFERRED TO COMPANY FOLLOWING DE-LISTING OF COMPANY AND RUSAL FROM SDN LIST.REMAINING 6.75% OF RUSAL'S SHARES TO BE TRANSFERRED 12 MONTHS LATER.ANNOUNCES ENTRY BY IT INTO A SECURITIES EXCHANGE AGREEMENT WITH CERTAIN SUBSIDIARIES OF GLENCORE PLC.  Full Article

Glencore Says Evaluating Position Under Contracts With Rusal
Tuesday, 10 Apr 2018 02:28am EDT 

April 10 (Reuters) - Glencore PLC ::GLENCORE NOTES DESIGNATION OF UNITED COMPANY RUSAL PLC ("RUSAL") AND EN+ GROUP PLC ("EN+") AS SPECIALLY DESIGNATED NATIONALS ("SDNS") BY UNITED STATES GOVERNMENT.GLENCORE HAS VARIOUS CONTRACTS WITH RUSAL FOR PURCHASE OF ALUMINIUM AND ALUMINA.GLENCORE IS COMMITTED TO COMPLYING WITH ALL APPLICABLE SANCTIONS IN ITS BUSINESS AND IS TAKING ALL NECESSARY MEASURES IN ORDER TO MITIGATE ANY RISKS.STILL EVALUATING POSITION UNDER ITS CONTRACTS WITH RUSAL, BUT NOTES THAT THESE CONTRACTS ARE NOT FINANCIALLY MATERIAL TO GLENCORE.MR. GLASENBERG HAS RESIGNED FROM HIS POSITION AS A DIRECTOR OF RUSAL.GLENCORE HAS PREVIOUSLY SIGNED A NON-BINDING TERM SHEET WITH EN+ REGARDING SWAPPING ITS SHARES IN RUSAL FOR GLOBAL DEPOSITARY RECEIPTS IN EN+.GLENCORE WILL NOT PROCEED WITH TRANSACTION AT THIS TIME IN LIGHT OF DESIGNATION OF RUSAL AND EN+ AS SDNS.  Full Article