PAO Severstal: The Board Recommends Q3 2020 Dividend Payment (1142368)

 
 PAO Severstal (SVST) 
PAO Severstal: The Board Recommends Q3 2020 Dividend Payment 
 
22-Oct-2020 / 08:41 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 2020 Dividend Payment 
 
The Board of Directors of Severstal ("Severstal", "the Company") (LSE: SVST; 
     MOEX: CHMF), one of the world's leading vertically integrated steel and 
 steel-related mining companies, is recommending a dividend of 37.34 roubles 
                     per share for the three months ended 30 September 2020. 
 
  Approval of the dividend is expected to take place at the Company's EGM on 
27 November 2020. The record date for participation in the EGM is 2 November 
    2020. The recommended record date for the dividend payment is 8 December 
      2020. The approval of the record date for the dividend payment is also 
            expected to take place at the Company's EGM on 27 November 2020. 
 
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 $8,157 million and EBITDA of $2,805 
    million in 2019. Severstal's crude steel production in 2019 reached 11.8 
                                       million tonnes. www.severstal.com [1] 
 
ISIN:          US8181503025 
Category Code: DIV 
TIDM:          SVST 
LEI Code:      213800OKDPTV6K4ONO53 
Sequence No.:  86345 
EQS News ID:   1142368 
 
End of Announcement EQS News Service 
 
 
1: https://eqs-cockpit.com/cgi-bin/fncls.ssp?fn=redirect&url=5885d49ed5e8dc686b77ca6aa78e352b&application_id=1142368&site_id=vwd&application_name=news 
 

(END) Dow Jones Newswires

October 22, 2020 01:41 ET (05:41 GMT)