UK markets closed
  • NIKKEI 225

    29,025.46
    +474.56 (+1.66%)
     
  • HANG SENG

    25,409.75
    +78.75 (+0.31%)
     
  • CRUDE OIL

    82.34
    +0.06 (+0.07%)
     
  • GOLD FUTURES

    1,764.60
    -3.70 (-0.21%)
     
  • DOW

    35,258.61
    -36.15 (-0.10%)
     
  • BTC-GBP

    44,626.57
    +964.59 (+2.21%)
     
  • CMC Crypto 200

    1,432.80
    -18.83 (-1.30%)
     
  • ^IXIC

    15,021.81
    +124.47 (+0.84%)
     
  • ^FTAS

    4,110.17
    -13.80 (-0.33%)
     

Metalloinvest declares dividends

·2-min read

Metalloinvest Finance Designated Activity Company (IRSH)
05-Oct-2021 / 10:39 MSK
Dissemination of a Regulatory Announcement, transmitted by EQS Group.
The issuer is solely responsible for the content of this announcement.

 

Metalloinvest declares dividends

 

Moscow, Russia - 05 October 2021 - Metalloinvest ("the Company"), a leading global iron ore and HBI producer and supplier, and one of the regional producers of high-quality steel, has announced its dividends for the 9 months of 2021.

Based on 9M 2021 results and Net Debt/EBITDA LTM ratio of substantially lower than 1.0x as of 30 September 2021, the shareholders of Metalloinvest made a decision to pay out the dividends in the total amount of RUB 88.6 bn, part of which will be returned to the Company for the settlement of the intragroup transactions.

 

# # # #

 

If you have any questions, please contact us:

Artem Lavrischev
Investor Relations

E: ir@metalloinvest.com

T: +7 (495) 981-55-55, ext. 7243

 

Anton Troshin

Public Relations

E: pr@metalloinvest.com

Tel.: +7 (495) 981-55-55, ext. 7629

 

Metalloinvest is a leading metals and mining company with the second-largest proven iron ore reserves on a JORC-equivalent basis
(13.8 billion tonnes and about 136 years of reserve life). The company is the world's largest producer and supplier of merchant hot briquetted iron (HBI) products, a low-carbon raw material used to produce green steel; Metalloinvest holds a leading position in the production of pellets, iron ore concentrate and high-quality steel.

In H1 2021, revenue amounted to USD 5.1 bn; EBITDA - USD 2.9 bn. The company has 10+ years track record on public debt capital markets with high credit ratings: S&P (BBB-/ stable), Fitch (BBB-/stable), Moody's (Baa3/stable), АCRА (AA+(RU)/positive).

Alisher Usmanov is the main beneficiary of the company (with a 49% stake) through Holding Company USM LLC.

Ticker (Bloomberg): METIN RU; official website: www.metalloinvest.com

 


ISIN:

XS0918297382

Category Code:

MSCM

TIDM:

IRSH

Sequence No.:

123553

EQS News ID:

1238248


 

End of Announcement

EQS News Service

show this
show this
Our goal is to create a safe and engaging place for users to connect over interests and passions. In order to improve our community experience, we are temporarily suspending article commenting