Dividend recommendation for three months ended 31 March 2019 (801935)

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

 
 
 PAO Severstal (SVST) 
Dividend recommendation for three months ended 31 March 2019 
 
18-Apr-2019 / 19:31 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 35.43 roubles 
                         per share for the three months ended 31 March 2019. 
 
   Approval of the dividend is expected at the Company's EGM which will take 
                                                       place on 7 June 2019. 
 
    The record date for participation in the EGM is 13 May 2019. In the case 
   that the dividend payments for the first three months ended 31 March 2019 
  are approved at the EGM, the record date for this dividend payment will be 
                                                               18 June 2019. 
 
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 $8,580 million and EBITDA of $3,142 
    million in 2018. Severstal's crude steel production in 2018 reached 12.0 
                                       million tonnes. www.severstal.com [1] 
 
ISIN:          US8181503025 
Category Code: DIV 
TIDM:          SVST 
LEI Code:      213800OKDPTV6K4ONO53 
Sequence No.:  8274 
EQS News ID:   801935 
 
End of Announcement EQS News Service 
 
 
1: https://link.cockpit.eqs.com/cgi-bin/fncls.ssp?fn=redirect&url=5885d49ed5e8dc686b77ca6aa78e352b&application_id=801935&site_id=vwd&application_name=news 
 

(END) Dow Jones Newswires

April 18, 2019 12:31 ET (16:31 GMT)