Dividend recommendation for three months ended 30 June 2019 (843511)
19 July 2019 - 12:54AM
UK Regulatory
PAO Severstal (SVST)
Dividend recommendation for three months ended 30 June 2019
18-Jul-2019 / 17:53 MSK
Dissemination of a Regulatory Announcement that contains inside information
according to REGULATION (EU) No 596/2014 (MAR), transmitted by EQS Group.
The issuer is solely responsible for the content of this announcement.
The Board Recommends Dividend Payment
The Board of Directors of Severstal ("Severstal", "the Company") (LSE: SVST;
MICEX-RTS: CHMF), one of the world's leading vertically integrated steel and
steel-related mining companies, is recommending a dividend of 26.72 roubles
per share for the three months ended 30 June 2019.
Approval of the dividend is expected to take place at the Company's EGM
which will take place on 6 September 2019. The record date for participation
in the EGM is 12 August 2019. The recommended record date for the dividend
payment is 17 September 2019. The approval of the record date for the
dividend payment is also expected at the Company's EGM which will take place
on 6 September 2019.
For further information please contact:
Investor Relations
Evgeny Belov
T: +7 (495) 926-77-66
evgenii.belov@severstal.com
Public Relations
Anastasia Mishanina
T: +7 (495) 926-77-66
anastasia.mishanina@severstal.com
***
P?? Severstal is one of the world's leading vertically integrated steel and
steel related mining companies, with assets in Russia, Latvia and Poland.
Severstal is listed on RTS and MICEX and the company's GDRs are traded on
the LSE. Severstal reported revenue of $8,580 million and EBITDA of $3,142
million in 2018. Severstal's crude steel production in 2018 reached 12.0
million tonnes. www.severstal.com [1]
ISIN: US8181503025
Category Code: DIV
TIDM: SVST
LEI Code: 213800OKDPTV6K4ONO53
Sequence No.: 13942
EQS News ID: 843511
End of Announcement EQS News Service
1: https://link.cockpit.eqs.com/cgi-bin/fncls.ssp?fn=redirect&url=5885d49ed5e8dc686b77ca6aa78e352b&application_id=843511&site_id=vwd&application_name=news
(END) Dow Jones Newswires
July 18, 2019 10:54 ET (14:54 GMT)
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