DJ Metalloinvest Finance Designated Activity Company: Metalloinvest declares dividends
Metalloinvest Finance Designated Activity Company (IRSH)
Metalloinvest Finance Designated Activity Company: Metalloinvest declares
dividends
25-Nov-2020 / 19:38 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 - 25 November 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 for 9M 2020.
Based on 9M 2020 results and Net Debt/EBITDA LTM ratio of 1.68x as of 30
September 2020, the shareholders of Metalloinvest made a decision to pay out
the dividends in the total amount of RUB 24.3 bn, part of which will be
returned to the Company for the settlement of the intragroup transactions.
# # # #
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
Tel.: +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: MSCH
TIDM: IRSH
Sequence No.: 88545
EQS News ID: 1150651
End of Announcement EQS News Service
(END) Dow Jones Newswires
November 25, 2020 11:38 ET (16:38 GMT)
