PAO Severstal (SVST)
PAO Severstal: The Board Recommends Q3 2021 Dividend Payment

18-Oct-2021 / 10:00 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 Q3 2021 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 85.93 roubles per share for the three months ended 30 September 2021.

Approval of the dividend is expected to take place at the Company's EGM on 3 December 2021. The record date for participation in the EGM is 8 November 2021. The recommended record date for the dividend payment is 14 December 2021. The approval of the record date for the dividend payment is also expected to take place at the Company's EGM on 3 December 2021.

 

For further information, please contact:

 

Investor Relations

Nikita Klimantov

T: +7 (495) 926-77-66

na.klimantov@severstal.com

 

Public Relations

Anastasia Mishanina

T: +7 (495) 926-77-66

anastasia.mishanina@severstal.com

 

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PАО 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 MOEX and the company's GDRs are traded on the LSE. Severstal reported revenue of $6,870 mln and EBITDA of $2,422 mln in 2020. Severstal's crude steel production in 2020 reached 11.3 mln tonnes. www.severstal.com

 

 



ISIN: US8181503025
Category Code: DIV
TIDM: SVST
LEI Code: 213800OKDPTV6K4ONO53
OAM Categories: 3.1. Additional regulated information required to be disclosed under the laws of a Member State
Sequence No.: 124520
EQS News ID: 1241311

 
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