Public Joint Stock Co. Severstal Report on Payments to Governments in 2017 (3356Q)
June 05 2018 - 5:02AM
UK Regulatory
TIDMSVST
RNS Number : 3356Q
Public Joint Stock Co. Severstal
05 June 2018
Report on Payments to Governments in 2017
PAO Severstal (MICEX-RTS: CHMF; LSE: SVST), one of the world's
leading steel and steel-related mining companies, today publishes
its Report on payments to governments in 2017 (the "Report").
The Report is prepared in accordance with the requirements of
the Disclosure and Transparency Rules Instrument 2014
<<Report on payments to governments>>, issued by the
Financial Conduct Authority (FCA's Instrument). As FCA's Instrument
has multiple references to the Accounting Directive (Directive
2013/34/EU of 26 June 2013 on the annual financial statements) the
Report is also prepared in accordance with Chapter 10 of the
Accounting Directive.
The Report provides citizens, authorities and independent users
with the information on payments made to governments where
Severstal conducts its extractive activities.
Payments are reported in respect of extractive activities only.
For the purposes of this Report under extractive activities it is
understood any activity involving the exploration, prospection,
discovery, development and extraction of minerals.
The Report is published on the official website of
Severstal.
For further information, please contact:
Investor Relations
Evgeny Belov
T: +7 (495) 926-77-66
evgenii.belov@severstal.com
Public Relations
Anastasia Mishanina
T: +7 (495) 926-77-66
anastasia.mishanina@severstal.com
***
P Severstal is one of the world's leading vertically-integrated
steel and steel related mining companies, with assets in Russia,
Latvia and Poland. Severstal is listed on RTS and MICEX and the
company's GDRs are traded on the LSE. Severstal reported revenue of
$7,848 million and EBITDA of $2,577 million in 2017. Severstal's
crude steel production in 2017 reached 11.7 million tonnes.
www.severstal.com
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
END
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