DJ PJSC Magnitogorsk Iron and Steel Works: MMK Board meeting results
PJSC Magnitogorsk Iron and Steel Works (MMK) PJSC Magnitogorsk Iron and Steel Works: MMK Board meeting results 28-Dec-2021 / 07:57 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.
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MMK announces
THE EGM
results PJSC Magnitogorsk Iron & Steel Works ("MMK", or "the Group") (MOEX: MAGN; LSE: MMK), one of the world's
largest steel producers, announces that the Extraordinary General Meeting of Shareholders ("the EGM") was
held in absentia on 24 December 2021. The EGM approved the payment of dividends for Q3 2021.
28 december Based on the results of Q3 2021, dividends will be paid in the amount of RUB 2.663 (incl. tax) per share.
2021
The Q3 2021 dividend record date was determined as 13 January 2022.
Magnitogorsk,
Russia
About MMK
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
premium products. In 2020, MMK produced 11.6 mln tonnes of crude steel and sold 10.8 mln Subscribe to our official MMK
tonnes of commercial steel products. channel in Telegram, to be
the first to know about key
??K is an industry leader in terms of production costs and margins. Group revenue in 2020 MMK news.
totalled USD 6,395 mln, with an EBITDA of USD 1,492 mln. MMK boasts the industry's lowest
debt burden. Net debt/EBITDA ratio was -0.06? at the end of 2020. The Group's
investment-grade rating is confirmed by the leading global rating agencies Fitch, Moody's
and S&P.
MMK's ordinary shares are traded on the Moscow Exchange, while its depositary receipts
are traded on the London Stock Exchange. Free float amounts to 20.2%.
Investor Relations Department
Veronika Kryachko KEY UPCOMING EVENTS IN 2022
+7 (915) 380-62-66
kryachko.vs@mmk.ru Financial calendar
ESG DEPARTMENT 10-11 January JPM CEEMEA Opportunities Conference, online
Yaroslava Vrubel 18-20 January Citi First Annual Emerging Europe Conference, online
+7 982 282 9682
vrubel.ys@mmk.ru 25 January Q4 and 12M 2021 Trading Update
2 February Q4 and 12M 2021 IFRS financials Dmitriy Kuchumov +7 (499) 238-26-13 kuchumov.do@mmk.ru Oleg Egorov +7 (499) 238-26-13 egorov.oa@mmk.ru
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ISIN: US5591892048 Category Code: ROM TIDM: MMK LEI Code: 253400XSJ4C01YMCXG44 Sequence No.: 132806 EQS News ID: 1262581 End of Announcement EQS News Service =------------------------------------------------------------------------------------
Image link: https://eqs-cockpit.com/cgi-bin/fncls.ssp?fn=show_t_gif&application_id=1262581&application_name=news
(END) Dow Jones Newswires
December 28, 2021 01:57 ET (06:57 GMT)
