The Federal Property Management Agency has announced new auctions for the sale of the Yuzhuralzoloto group at a Dutch auction. This is stated in the message of the agency.
The auction for the sale of the state share of the Yuzhuralzoloto Group, scheduled for May 18, did not take place. The total market value of the assets was estimated at 162.02 billion rubles.
The start of new applications is on May 19th. The collection of applications will last until May 25. The results will be announced on May 26, 2026.
At a Dutch auction, the price reduction can be up to 50% of the initial sale price - up to 81.01 billion rubles. The Dutch auction's step to lower the price will be 2% of the initial sale price of 3.24 billion rubles. The Dutch auction's price increase step will be 0.5% of the initial sale price of 810.1 million rubles, provided that several participants confirm the price at the appropriate reduction step.
Participants need to submit an application for participation in the auction on the Roseltorg site and make a deposit of 20% of the initial bidding price – 32.4 billion rubles.
In order to recognize the Dutch auction as having taken place, the participation of two or more buyers who submitted an application, sets of documents provided for in the bidding documentation, and made a deposit is required.
Yuzhuralzoloto Group of Companies (YUGK) is a Russian gold mining company that produces in Russia in two hubs – the Ural Hub (Chelyabinsk Region) and the Siberian Hub (Krasnoyarsk Territory, Khakassia). The extracted ore is processed at our own facilities. The estimated, identified and estimated (MI&I) resources of YUGK amount to 46 million ounces of gold equivalent, which is sufficient to ensure stable operation of the company for at least 30 years.
Since November 22, 2023, YUGK shares have been trading on the Moscow Stock Exchange under the ticker UGLD and ISIN RU000A0JPP37. YUGK is also an issuer of exchange-traded bonds in the amount of $200 million settled in rubles (ISIN: RU000A10B008) and $40 million settled in rubles (ISIN: RU000A10D4P0). Since December 20, 2024, the company's shares have been included in the calculation base of the Moscow Exchange Index and the RTS Index.
The net profit of PJSC Yuzhuralzoloto Group of Companies (YUGK) under IFRS for 2025 increased by 81.2% to RUB 16 billion from RUB 8.8 billion a year earlier. Revenue increased by 43.4% to RUB 108.8 billion from RUB 75.9 billion, and EBITDA increased by 23.9% to RUB 42.6 billion from RUB 34.4 billion. Net debt increased by 10% to 83.8 billion rubles.
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