17 January 2019 - EN+ GROUP PLC (the "Company" or the "Group") (LSE: ENPL, MOEX: ENPL) announces that on 16 January 2019, the Office of Foreign Assets Control ("OFAC") of the Department of the Treasury of the United States of America extended the expiration date of certain general licences relating to the Company, United Company RUSAL PLC ("RUSAL"), and JSC Eurosibenergo ("ESE"). These new General Licences 13J, 14E and 16E amend their previous versions by extending the expiration dates to 12:01 am EST 28 January 2019 (https://www.treasury.gov/resource-center/sanctions/OFAC-Enforcement/Pages/20190116.aspx) for certain transactions as described therein relating to the Company, RUSAL, ESE, and their subsidiaries. OFAC commented as follows:
"This short-term extension enables En+, RUSAL, and ESE to continue to operate as they execute technical steps that must be taken prior to the completion of the agreement between OFAC and these entities."
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