Dividend recommendation for three months ended 30 September 2018 (735233)

Dow Jones received a payment from EQS/DGAP to publish this press release.

 
 
 PAO Severstal (SVST) 
Dividend recommendation for three months ended 30 September 2018 
 
18-Oct-2018 / 18:49 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 44.39 roubles 
                     per share for the three months ended 30 September 2018. 
 
    Approval of the dividend is expected at the Company's EGM, which will be 
  held by absentee voting on 23 November 2018. All Severstal shareholders on 
             the register as at 29 October 2018 are eligible to participate. 
 
   In the case that the dividend payments for the first nine months ended 30 
   September 2018 are approved at the EGM, the record date for this dividend 
                                            payment will be 4 December 2018. 
 
For further information please contact: 
 
Investor Relations 
 
Evgeny Belov 
 
T: [phone] 
 
[e-mail] 
 
Public Relations 
 
Anastasia Mishanina 
 
T: [phone] 
 
[e-mail] 
 
                                    *** 
 
 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.:  6258 
EQS News ID:   735233 
 
End of Announcement EQS News Service 
 
 
1: https://link.cockpit.eqs.com/cgi-bin/fncls.ssp?fn=redirect&url=5885d49ed5e8dc686b77ca6aa78e352b&application_id=735233&site_id=vwd&application_name=news 
 

(END) Dow Jones Newswires

October 18, 2018 11:49 ET (15:49 GMT)