StockMarketWire.com - Gold miner Petropavlovsk said directors including chairman Peter Hambro would remain in their roles after a court requested a full hearing on an application by investor Everest Alliance to have them removed.

The company confirmed that a judge had found that Everest's complaints regarding the appointment of the temporary directors were arguable.

The judge, however, declined to determine its application summarily and said a full hearing of Everest's application would now be required.

Everest Alliance had also requisitioned a general meeting to propose the appointment of two new directors, among other requests.

Petropavlovsk said a notice convening a meeting would be sent to shareholders in due course.


At 9:47am: [LON:POG] Petropavlovsk PLC share price was +0.63p at 26.68p



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