PJSC Magnitogorsk Iron and Steel Works (MMK)
PJSC Magnitogorsk Iron and Steel Works: MMK EGM APPROVES DIVIDENDS FOR Q2
2019
01-Oct-2019 / 08:58 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 2019
01-10-2019, Magnitogorsk
PJSC Magnitogorsk Iron and Steel Works ("MMK") announces that an
Extraordinary General Meeting of shareholders ("the EGM") was held on 27
September 2019 with absentee voting.
Shareholders approved by majority vote a dividend on MMK's issued ordinary
registered shares of RUB 0.690 (incl. tax) per share for the second quarter
of 2019.
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 15 October 2019.
Information about MMK
MMK is one of the world's largest steel producers and a leading Russian
metals company. The company's operations in Russia span the entire value
chain from iron ore processing to downstream production of rolled steel. MMK
produces an extensive range of steel products with a predominant share of
high-value-added products. In 2018, the company produced 12.7 million tonnes
of crude steel and 11.7 million tonnes of commercial steel products. MMK
Group had sales in 2018 of USD 8,214 million and EBITDA of USD 2,418
million.
Investor contacts:
tel.: +7 (3519) 25-24-48
E-mail: ir@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.: 21893
EQS News ID: 883147
End of Announcement EQS News Service
(END) Dow Jones Newswires
October 01, 2019 02:58 ET (06:58 GMT)
