DJ PJSC Magnitogorsk Iron and Steel Works: Save the date: MMK online. Fireside chat with the leadership team.
PJSC Magnitogorsk Iron and Steel Works (MMK)
PJSC Magnitogorsk Iron and Steel Works: Save the date: MMK online. Fireside
chat with the leadership team.
27-Oct-2020 / 08:00 CET/CEST
Dissemination of a Regulatory Announcement, transmitted by EQS Group.
The issuer is solely responsible for the content of this announcement.
Save the date: PJSC MMK ("MMK", or "the
Group") (MICEX-RTS: MAGN;
LSE: MMK), one of the world's
largest steel producers, is
MMK online. pleased to invite the
investment community to join
«MMK online. Fireside chat
with the leadership team» on
Fireside chat with the leadership the 8 December 2020.
team
Chairman of the Board of
Directors Victor Rashnikov
and CEO Pavel Shilyaev will
discuss market trends, as
well as the latest corporate
27 october 2020 developments and the Group's
strategic view for 2025.
Magnitogorsk, Russia
The event will take place via
online video conference on 8
December 2020 at 5:00 pm
Moscow time (2:00 pm London
time, 10:00 am New York
time).
· Date:
8 December 2020
· Time:
17:00 Moscow time
14:00 London time
10:00 New York time
Further information on the
event as well as agenda will
be provided later.
Registration details for the
online video conference will
be provided in due course.
About MMK Subscribe to our official MMK
channel in Telegram [1] , 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 [2]
Veronika Kryachko
+7 915 380 6266
kryachko.vs@mmk.ru
29 October- Moscow Exchange Forum, virtual
3 November
9-11 November GS, 12th CEEMEA 1x1 Conference,
virtual
9-13 November Renaissance Capital, 25th anniversary
EM & FM conference, virtual
23-24 November Non-deal roadshow, virtual
ESG DEPARTMENT
Yaroslava Vrubel
+7 982 282 9682
vrubel.ys@mmk.ru
COMMUNICATIONS
DEPARTMENT
Dmitry Kuchumov
+7 985 219 2874
kuchumov.do@mmk.ru
Oleg Egorov
+7 903 971 8837
egorov.oa@mmk.ru
ISIN: US5591892048
Category Code: MSCM
TIDM: MMK
LEI Code: 253400XSJ4C01YMCXG44
Sequence No.: 86597
EQS News ID: 1143189
End of Announcement EQS News Service
1: https://eqs-cockpit.com/cgi-bin/fncls.ssp?fn=redirect&url=018e8dda52d5b81f4b4093f7460d9f36&application_id=1143189&site_id=vwd&application_name=news
2: https://eqs-cockpit.com/cgi-bin/fncls.ssp?fn=redirect&url=f19ee4d8455febdae47734f3baadfb59&application_id=1143189&site_id=vwd&application_name=news
(END) Dow Jones Newswires
October 27, 2020 03:00 ET (07:00 GMT)
