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 |
| Alexey Mordashov | 9,807,968 | 1.50 | 2.57 | 88.21 |
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.
Nordgold
Valentina Bogomolova
Head of IR
Tel: +7 495 644 4473
Olga Ulyeva
Head of Media Relations
Tel: +7 495 644 4473
Maitland
Peter Ogden
James Devas
Tel: +44 (0)20 7379 5151
