Polyus will offer Lenzoloto shareholders to sell their securities at ₽19,567 thousand for an ordinary share and at ₽3,607 thousand for a preferred share or exchange them for Polyus shares with the ratio up to 1.26x and 0.23x, respectively. The proposal will be made if Lenzoloto approves the sale of JSC ZDK Lenzoloto for ₽19.9 billion, after which Lenzoloto will distribute all available cash, including the amount received from the transaction, as dividends in 2021 and will be liquidated.