PAO Severstal (SVST)
Dividend recommendation for three months ended 30 September 2019
17-Oct-2019 / 19:08 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
October, 17, 2019, Moscow - 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 27.47 roubles per share for the
three months ended 30 September 2019.
Approval of the dividend is expected to take place at the Company's EGM
which will take place on 22 November 2019. The record date for participation
in the EGM is 28 October 2019. The approval of the record date for the
dividend payment is also expected at the Company's EGM which will take place
on 22 November 2019.
In the case that the dividend payments for the three months ended 30
September 2019 are approved at the EGM, the record date for this dividend
payment will be 3 December 2019.
Financial statements will be available at
http://www.severstal.com/eng/ir/results_and_reports [1]
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
ISIN: US8181503025
Category Code: DIV
TIDM: SVST
LEI Code: 213800OKDPTV6K4ONO53
Sequence No.: 23814
EQS News ID: 892125
End of Announcement EQS News Service
1: https://link.cockpit.eqs.com/cgi-bin/fncls.ssp?fn=redirect&url=6343ae38b12f4bbacd73633a3074c71d&application_id=892125&site_id=vwd&application_name=news
(END) Dow Jones Newswires
October 17, 2019 12:08 ET (16:08 GMT)
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