Metalloinvest Finance Designated Activity Company (IRSH)
Metalloinvest Finance Designated Activity Company: Metalloinvest declares
dividends
22-Jul-2020 / 19:06 MSK
Dissemination of a Regulatory Announcement, transmitted by EQS Group.
The issuer is solely responsible for the content of this announcement.
Metalloinvest declares dividends
Moscow, Russia - 22 July 2020 - Metalloinvest ("the Company"), a leading
global iron ore and HBI producer and supplier, and one of the regional
producers of high-quality steel, has announced its dividends in the amount
of 116.5 billion roubles.
Pavel Mitrofanov, Chairman of the Finance, Budget and Strategy Committee of
the Board of Directors, commented:
"To achieve our objective of improving the Company's financial profile, the
shareholders of Metalloinvest have made the decision to reduce a significant
share of intragroup loans. Thereby, the major part of declared dividends for
H1 2020 in the total amount of 116.5 billion roubles will be returned to the
Company's balance."
If you have any questions, please contact us:
Artem Lavrischev
Investor Relations
E: ir@metalloinvest.com
T: +7 (495) 981-55-55, ext. 7243
Anton Troshin
Public Relations
E: pr@metalloinvest.com
T: +7 (495) 981-55-55, ext. 7629
Metalloinvest is a leading global iron ore and merchant HBI producer and
supplier, and one of the regional producers of high-quality steel. The
Company has the world's second-largest measured iron ore reserve base and is
one of the lowest-cost iron ore producers.
Metalloinvest is wholly owned by Holding Company USM LLC. Alisher Usmanov is
the major beneficiary of Holding Company USM LLC (49%).
ISIN: XS0918297382
Category Code: MSCL
TIDM: IRSH
Sequence No.: 77424
EQS News ID: 1099813
End of Announcement EQS News Service
(END) Dow Jones Newswires
July 22, 2020 12:06 ET (16:06 GMT)
