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PAO Severstal (SVST)
Dividend recommendation and the date of AGM
04-Feb-2019 / 19:18 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.
Recommended Dividend and Date of Annual General Meeting ("AGM")
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 32.08 roubles
per share for the three months ended 31 December 2018.
Approval of the dividend is expected at the Company's AGM which will take
place on 7 June 2019 at Zhukova 4, Cherepovets, Vologda Region, Russia.
Registration for the AGM will start at 11.00 am (MT) with the meeting itself
starting at 12.00 pm (MT). The agenda for the AGM will be approved by the
Board and announced at a later date.
The record date for participation in the AGM is 13 May 2019.
If the dividend payment for the three months ended 31 December 2018 is
approved at the AGM, the record date for this dividend payment will be 18
June 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 $7,848 million and EBITDA of $2,577
million in 2017. 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.: 7355
EQS News ID: 772353
End of Announcement EQS News Service
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(END) Dow Jones Newswires
February 04, 2019 11:19 ET (16:19 GMT)
