Russia’s En+ accepts resignation of Deripaska as president

Feb 26 (Reuters) – En+ Group Plc: * ‍GROUP‘S BOARD OF DIRECTORS APPROVED APPOINTMENT OF MAXIM SOKOV AS PRESIDENT OF GROUP. * ‍BOARD OF DIRECTORS ALSO ACCEPTED RESIGNATION OF OLEG DERIPASKA AS PRESIDENT OF GROUP AND RE-DESIGNATED HIM AS A NON-EXECUTIVE DIRECTOR OF COMPANY.  * ‍RESOLUTIONS OF BOARD OF DIRECTORS WILL BE EFFECTIVE FROM MARCH 15, 2018. * ‍FOLLOWING NOMINATION AS CEO OF EN+ GROUP, VLADISLAV SOLOVYEV HAS RESIGNED FROM CEO POSITION OF UC RUSAL AND HAS BEEN APPOINTED AS PRESIDENT OF UC RUSAL. * ‍GROUP PROPOSED NOMINATION OF ALEXANDRA BOURIKO AS CEO OF UC RUSAL. NOMINATION HAS BEEN APPROVED BY BOARD OF DIRECTORS OF UC RUSAL