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Seligdar Polymetallic Holding (hereafter Seligdar or Company; MOEX: SELG) announces third issue of gold-denominated GOLD03 series bonds.

Term to maturity of the bonds is 5.25 years. Coupon payment period is 91 days. Coupon rate guidance is 5.50% per year. Planned issue volume will be set later. Par value of each gold bond is equivalent to one gramme of gold. The par value in monetary terms is calculated in Russian roubles based on the reference price for gold set by the Bank of Russia. The preliminary date for bookbuilding is June, 18.

The bonds will be placed and traded on the Moscow Exchange. The lead managers are Gazprombank and Russian Agricultural Bank. Gazprombank acts as the placement agent.

The innovative instrument for savings in gold was developed by Seligdar in 2023. At that time, the first issue in April 2023 gained a great success as well as the second one in October 2023. Seligdar attracted more than 15 thousand new investors that purchased over 3,380 kg of gold.

The main advantage of gold bonds is an opportunity to purchase an investment instrument in gold without additional costs, for which coupon income will be accrued. Thus, the instrument not only gives an opportunity to diversify investments in gold and to mitigate currency risk in Russian rouble savings but also shows higher profitability compared to other gold-linked investment instruments.

More details on gold bonds at https://goldbond.seligdar.ru/ (in Russian).