PAO SEVERSTAL

SVST
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15.085USD +1.24%

PAO Severstal: The Board Recommends Q3 2020 Dividend Payment

10/22/2020 | 01:41am

PAO Severstal (SVST)
PAO Severstal: The Board Recommends Q3 2020 Dividend Payment

22-Oct-2020 / 08:41 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 Q3 2020 Dividend Payment

The Board of Directors of Severstal ("Severstal", "the Company") (LSE: SVST; MOEX: CHMF), one of the world's leading vertically integrated steel and steel-related mining companies, is recommending a dividend of 37.34 roubles per share for the three months ended 30 September 2020.

Approval of the dividend is expected to take place at the Company's EGM on 27 November 2020. The record date for participation in the EGM is 2 November 2020. The recommended record date for the dividend payment is 8 December 2020. The approval of the record date for the dividend payment is also expected to take place at the Company's EGM on 27 November 2020.

 

 

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 $8,157 million and EBITDA of $2,805 million in 2019. Severstal's crude steel production in 2019 reached 11.8 million tonnes. www.severstal.com

 

 



ISIN: US8181503025
Category Code: DIV
TIDM: SVST
LEI Code: 213800OKDPTV6K4ONO53
Sequence No.: 86345
EQS News ID: 1142368

 
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