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PJSC Magnitogorsk Iron and Steel Works (MMK)
PJSC Magnitogorsk Iron and Steel Works: MMK EGM APPROVES DIVIDENDS FOR Q2
2018
02-Oct-2018 / 12:40 CET/CEST
Dissemination of a Regulatory Announcement, transmitted by EQS Group.
The issuer is solely responsible for the content of this announcement.
MMK EGM approves dividends for Q2 2018
02.10.2018
PJSC Magnitogorsk Iron and Steel Works ("MMK") announces that an
Extraordinary General Meeting of shareholders ("the EGM") was held on 28
September 2018 with absentee voting.
Shareholders approved by majority vote a dividend on MMK's issued ordinary
registered shares of RUB 1.589 (incl. tax) per share for the second quarter
of 2018.
The dividend will be paid in cash by bank transfer within the period and in
the manner stated by the Federal Law on Joint-Stock Companies.
The dividend record date is set as the close of trading on 9 October 2018.
About MMK
MMK is one of the world's largest steel producers and a leading Russian
metals company. The company's operations in Russia include a large
steel-producing complex encompassing the entire production chain, from the
preparation of iron ore to downstream processing of rolled steel. MMK turns
out a broad range of steel products with a predominant share of
high-value-added products. In 2017, the company produced 12.9 million tonnes
of crude steel and 11.6 million tonnes of commercial steel products. MMK
Group had sales in 2017 of USD 7,546 million and EBITDA of USD 2,032
million.
Investor contacts:
Andrey Serov
tel.: +7 (3519) 24-52-97
E-mail: serov.ae@mmk.ru
Media contacts:
Dmitry Kuchumov Dmitry Bulin
tel.: +7 (499) 238-26-13 tel.: +7 (499) 238-26-13
E-mail: kuchumov.do@mmk.ru E-mail: bulin.dn@mmk.ru
ISIN: US5591892048
Category Code: DIV
TIDM: MMK
LEI Code: 253400XSJ4C01YMCXG44
Sequence No.: 6117
EQS News ID: 729655
End of Announcement EQS News Service
(END) Dow Jones Newswires
October 02, 2018 06:41 ET (10:41 GMT)
