13 January 2016 - ArcelorMittal (the "Company")
announces the issue on 15 January 2016 of 137,967,116 new ordinary
shares of the Company (the "New Shares") upon
conversion of the 88,182,131 outstanding 6% Mandatorily Convertible
Subordinated Notes due 15 January 2016 (the "Notes"). Following this issuance, the share capital of
the Company will amount to EUR 7,453,441,006.98 represented by
1,803,359,338 Shares.
For the 1,817,869 Notes previously
converted at the option of their holders, the Company has delivered
a total of 2,275,026 treasury shares.
The debt/equity ratio and earnings per share of
the Company remain unchanged following such conversion since the
Notes qualified as equity under IFRS.
About
ArcelorMittal
ArcelorMittal is the world's
leading steel and mining company, with a presence in 60 countries
and an industrial footprint in 19 countries. Guided by a philosophy
to produce safe, sustainable steel, we are the leading supplier of
quality steel in the major global steel markets including
automotive, construction, household appliances and packaging, with
world-class research and development and outstanding distribution
networks.
Through our core values of
sustainability, quality and leadership, we operate responsibly with
respect to the health, safety and wellbeing of our employees,
contractors and the communities in which we operate.
For us, steel is the fabric of
life, as it is at the heart of the modern world from railways to
cars and washing machines. We are actively researching and
producing steel-based technologies and solutions that make many of
the products and components people use in
their everyday lives more energy
efficient.
We are one of the world's five
largest producers of iron ore and metallurgical coal and our mining
business is an essential part of our growth strategy. With a
geographically diversified portfolio of iron ore and coal assets,
we are strategically positioned to serve our network of steel
plants and the external global market. While our steel operations
are important customers, our supply to the external market is
increasing as we grow.
In 2014, ArcelorMittal had
revenues of US$79.3 billion and crude steel production of 93.1
million tonnes, while own iron ore production reached 63.9 million
tonnes.
ArcelorMittal is listed on the
stock exchanges of New York (MT), Amsterdam (MT), Paris (MT),
Luxembourg (MT) and on the Spanish stock exchanges of Barcelona,
Bilbao, Madrid and Valencia (MTS).
For more information about ArcelorMittal please
visit: http://corporate.arcelormittal.com/
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Contact information ArcelorMittal Investor
Relations |
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Europe |
+35247923198 |
Americas |
+13128993985 |
Retail |
+35247923198 |
SRI |
+442075431123 |
Bonds/Credit |
+33171921026 |
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Contact information ArcelorMittal Corporate
Communications |
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E-mail: |
press@arcelormittal.com |
Phone: |
+442076297988 |
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ArcelorMittal Corporate
Communications |
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Paul Weigh (head of media relations) |
+442032142882 |
Laura Nutt
Isabelle Cornelis |
+442075431125
+442032142453 |
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United Kingdom |
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Maitland Consultancy |
+442073795151 |
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France |
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Sylvie Dumaine / Anne-Charlotte Creach |
+33153707470
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