26.12.2018 Deputy Minister of Transport appointed Member of the Board of Directors of NCSP PJSC
NCSP Group (LSE: NSCP; MICEX: NMTP) hereby announces that Yuriy Tsvetkov is appointed Member of the Board of Directors of NCSP PJSC by the special right of the “Golden Share”.
In accordance with the order of the Government of the Russian Federation of December 21, 2018 No. 2882-r, as well as clause 7.16 of the charter of PJSC Novorossiysk Commercial Sea Port, Yuriy Tsvetkov (Deputy Minister of Transport of the Russian Federation – Head of Federal Agency for Maritime and River Transport) is assigned representative of the Russian Federation in the Board of Directors of NCSP PJSC by the “Golden Share” right.
NCSP Group is the largest port operator in Russia by cargo turnover. NCSP Group is traded on Moscow Exchange (NMTP ticker) and London Stock Exchange as GDRs (NCSP ticker). NCSP Group volumes in 2017 totaled 143.5 million tons. NCSP Group consists of: PJSC Novorossiysk Commercial Sea Port, LLC Primorsk Trade Port, LLC Novorossiysk Grain Terminal, JSC Novorossiysk Ship Repair Yard, JSC NCSP Fleet, JSC NLE, LLC IPP, Baltic Stevedore Company LLC, and JSC SFP.
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