Operations update (709099)
July 30 2018 - 7:46AM
UK Regulatory
Dow Jones received a payment from EQS/DGAP to publish this press
release.
PAO Severstal (SVST)
Operations update
30-Jul-2018 / 14:46 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.
Operations update
By way of reaction to recent publications by third parties in relation to
potential investments by PAO Severstal in projects in Khanty-Mansiysk region
of the Russian Federation, PAO Severstal would like to inform that while
investments in projects in that region are indeed under consideration by PAO
Severstal the exact amount, scope and other commercial parameters of such
investments are still under discussion and have not been determined yet.
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: UPD
TIDM: SVST
LEI Code: 213800OKDPTV6K4ONO53
Sequence No.: 5810
EQS News ID: 709099
End of Announcement EQS News Service
1: https://link.cockpit.eqs.com/cgi-bin/fncls.ssp?fn=redirect&url=5885d49ed5e8dc686b77ca6aa78e352b&application_id=709099&site_id=vwd&application_name=news
(END) Dow Jones Newswires
July 30, 2018 07:46 ET (11:46 GMT)
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