PAO Severstal: Severstal obtains permission to maintain its GDR program (1355849)
May 18 2022 - 9:00AM
UK Regulatory
PAO Severstal (SVST) PAO Severstal: Severstal obtains permission
to maintain its GDR program 18-May-2022 / 16:00 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.
-----------------------------------------------------------------------------------------------------------------------
Severstal obtains permission to maintain its GDR program
PAO Severstal (MOEX: CHMF; LSE: SVST) ("Severstal") announces
that the Russian Government Commission on Control of Foreign
Investment has granted the Company permission to maintain the
circulation of its global depository receipts (GDRs) at stock
exchanges outside of Russia for an unlimited period of time.
The rights of GDR holders, including the right to vote, to
receive dividends and to convert their GRDs into common shares of
the Company, will continue to be determined in accordance with
applicable law and relevant depositary agreements.
Severstal's GDRs are listed on the London Stock Exchange. Their
trading is currently suspended by the London Stock Exchange.
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
***
P?? Severstal is a vertically integrated steel and steel-related
mining company, working with customers and partners to create new
products and integrated solutions from steel. The company's
production facilities are located in Russia. Severstal is listed on
MOEX (CHMF) and on the LSE (SVST). Severstal reported revenue of
USD11.6 million and EBITDA of USD6 bln in 2021. Severstal's crude
steel production in 2021 reached 11.6 million tonnes.
-----------------------------------------------------------------------------------------------------------------------
ISIN: US8181503025
Category Code: MSCL
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.: 162638
EQS News ID: 1355849
End of Announcement EQS News Service
=------------------------------------------------------------------------------------
Image link:
https://eqs-cockpit.com/cgi-bin/fncls.ssp?fn=show_t_gif&application_id=1355849&application_name=news
(END) Dow Jones Newswires
May 18, 2022 09:00 ET (13:00 GMT)
Severstal' Pao (LSE:0SJQ)
Historical Stock Chart
From Oct 2024 to Nov 2024
Severstal' Pao (LSE:0SJQ)
Historical Stock Chart
From Nov 2023 to Nov 2024
