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PAO Severstal: The Board Recommends Q2 2021 Dividend Payment

·2-min read

PAO Severstal (SVST)
16-Jul-2021 / 09:54 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 Q2 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 84.45 roubles per share for the three months ended 30 June 2021.

Approval of the dividend is expected to take place at the Company's EGM on 20 August 2021. The record date for participation in the EGM is 26 July 2021. The recommended record date for the dividend payment is 2 September 2021. The approval of the record date for the dividend payment is also expected to take place at the Company's EGM on 20 August 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

 

***

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.:

117743

EQS News ID:

1219496


 

End of Announcement

EQS News Service

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