PJSC Magnitogorsk Iron and Steel Works: Publication of Prospectus, Charter, Amendments and additions to the Charter

PJSC Magnitogorsk Iron and Steel Works (MMK) 
PJSC Magnitogorsk Iron and Steel Works: Publication of Prospectus, Charter, 
Amendments and additions to the Charter 
 
11-Jun-2020 / 08:56 CET/CEST 
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. 
 
Publication of prospectus,             PJSC MMK ("MMK", or "the 
charter, amendments and additions     Group") (MICEX-RTS: MAGN; 
to the charter                            LSE: MMK), one of the 
                                          world's largest steel 
                                     producers, announces that, 
                                     in compliance with Listing 
                                    Rules 14.3.11R and 18.4.3R, 
                                   MMK has forwarded to the FCA 
                                     for publication a copy of: 
 
11 june 2020 
 
                                   - the Prospectus dated 24 
                                   April 2007; 
Magnitogorsk, Russia 
                                   - MMK Charter (translated 
                                   in English), Amendments 
                                   and additions to the 
                                   Charter which are the 
                                   documents that set out the 
                                   terms and conditions on 
                                   which its ordinary shares 
                                   and the global depositary 
                                   receipts representing its 
                                   ordinary shares were 
                                   issued (subject to 
                                   compliance with current 
                                   legislation). 
 
                                   Copies of the documents have 
                                          been submitted to the 
                                     National Storage Mechanism 
                                            and will shortly be 
                                    available for inspection at 
                                   https://data.fca.org.uk/#/ns 
                                     m/nationalstoragemechanism 
                                                           [1]. 
 
About MMK                         Subscribe to our official MMK 
                                 channel in Telegram [2], to be 
                                the first to know about key MMK 
                                                          news. 
     MMK is one of the world's 
 largest steel producers and a 
        leading Russian metals 
          company. The Group's 
operations in Russia include a 
    large steel-producing unit 
       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 
   2019, MMK produced 12.5 mln 
tonnes of crude steel and 11.3 
mln tonnes of commercial steel 
                     products. 
 
  ??? is an industry leader in 
 terms of production costs and 
 margin. MMK Group had revenue 
  in 2019 of USD 7,566 mln and 
EBITDA of USD 1,797 mln. MMK's 
   debt load is the lowest for 
 the industry. Net debt/EBITDA 
ratio was -0.13? at the end of 
             2019. The Group's 
    investment-grade rating is 
      confirmed by the leading 
 global rating agencies Fitch, 
                 Moody's, S&P. 
 
     MMK's ordinary shares are 
    traded on Moscow Exchange, 
 while its depositary receipts 
are traded on the London Stock 
  Exchange. Free float amounts 
                     to 15.7%. 
 
                   KEY UPCOMING EVENTS IN 2020 
Investor Relations 
Department 
 
                   Financial calendar [3] 
 
Veronika Kryachko 
[phone] 
[e-mail] 
                   14 July            Q2 and 6M 2020 Trading Update 
                   29 July            Q2 and 6M 2020 IFRS financials 
                   13 October         Q3 and 9M 2020 Trading Update 
                   22 October         Q3 and 9M 2020 IFRS financials 
 
media contacts 
 
Dmitriy Kuchumov 
[phone] 
[e-mail] 
 
Oleg Egorov 
[phone] 
[e-mail] 
 
ISIN:          US5591892048 
Category Code: PDI 
TIDM:          MMK 
LEI Code:      253400XSJ4C01YMCXG44 
Sequence No.:  69073 
EQS News ID:   1067837 
 
End of Announcement EQS News Service 
 
 
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(END) Dow Jones Newswires

June 11, 2020 02:56 ET (06:56 GMT)