Dividend recommendation for three months ended 30 June 2018 (705977)
July 18 2018 - 1:15PM
UK Regulatory
Dow Jones received a payment from EQS/DGAP to publish this press
release.
PAO Severstal (SVST)
Dividend recommendation for three months ended 30 June 2018
18-Jul-2018 / 20:15 MSK
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.
The Board Recommends Dividend Payment
The Board of Directors of Severstal ("Severstal", "the Company") (LSE: SVST;
MICEX-RTS: CHMF), one of the world's leading vertically integrated steel and
steel-related mining companies, is recommending a dividend of 45.94 roubles
per share for the three months ended 30 June 2018.
Approval of the dividend is expected at the Company's EGM, which will be
held by absentee voting on 14 September 2018. All Severstal shareholders on
the register as at 20 August 2018 are eligible to participate.
In the case that the dividend payments for the first nine months ended 30
June 2018 are approved at the EGM, the record date for this dividend payment
will be 25 September 2018.
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 [1]
ISIN: US8181503025
Category Code: DIV
TIDM: SVST
LEI Code: 213800OKDPTV6K4ONO53
Sequence No.: 5761
EQS News ID: 705977
End of Announcement EQS News Service
1: https://link.cockpit.eqs.com/cgi-bin/fncls.ssp?fn=redirect&url=5885d49ed5e8dc686b77ca6aa78e352b&application_id=705977&site_id=vwd&application_name=news
(END) Dow Jones Newswires
July 18, 2018 13:15 ET (17:15 GMT)
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