PAO Severstal: Severstal GDR listing on LSE cancelled (1425543)
August 22 2022 - 10:00AM
UK Regulatory
PAO Severstal (SVST) PAO Severstal: Severstal GDR listing on LSE
cancelled 22-Aug-2022 / 17:00 MSK Dissemination of a Regulatory
Announcement that contains inside information in accordance with
the Market Abuse Regulation (MAR), transmitted by EQS Group. The
issuer is solely responsible for the content of this
announcement.
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Severstal GDR listing on LSE cancelled
PAO Severstal (MOEX: CHMF; LSE: SVST) ("Severstal") notifies
that the listing of global depositary receipts representing
ordinary shares of Severstal (ISIN: US8181503025 and US8181501045)
("GDRS") on the London Stock Exchange (LSE) has been cancelled.
At 8:00 a.m. London time on 22 August 2022, the Financial
Conduct Authority announced that the GDRs are cancelled from its
Official List effective from that time. The LSE also announced at
that time on 22 August 2022 that the GDRs are cancelled from
admission to trading on the LSE with effect from that time.
As announced earlier, the cancellation of listing and the
termination of Severstal GDR Program is driven by the introduction
of a number of sanctions restrictions against PAO Severstal, due to
which the servicing of the Severstal' GDR Program in accordance
with Depository Agreements, as well as regular trading operations
with the Severstal' GDRs was no longer possible.
For further information, please contact:
Investor Relations Public Relations
Nikita Klimantov Anastasia Mishanina
T: +7 (495) 926-77-66 T: +7 (495) 926-77-66
na.klimantov@severstal.com 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.
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ISIN: US8181503025
Category Code: MSCU
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.: 183006
EQS News ID: 1425543
End of Announcement EQS News Service
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August 22, 2022 10:00 ET (14:00 GMT)
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