Evraz Plc Update on Mandatory Tender Offer for Timir (6686J)
July 18 2013 - 11:34AM
UK Regulatory
TIDMEVR
RNS Number : 6686J
Evraz Plc
18 July 2013
Results of the Mandatory Tender Offer in Respect of Minority
Stake in Timir
18 July 2013 - Further to the announcement dated 29 April 2013
by EVRAZ plc (LSE: EVR) ("EVRAZ") that in accordance with Russian
regulatory requirements it had submitted to Russia's Federal
Service on Financial Markets (FSFM) and to Timir a mandatory tender
offer to Timir's shareholders to acquire those shares in Timir that
it does not own (the "Tender Offer"), EVRAZ today announces that it
has filed a report to FSFM with the results of the Tender Offer
that expired on 8 July 2013.
In line with EVRAZ's expectations, as at the date of expiry of
the Tender Offer, there were no acceptances of the Tender
Offer.
###
For further information:
Media Relations:
Vsevolod Sementsov
VP, Corporate Communications
London: +44 207 832 8998 Moscow: +7 495 937 6871
media@evraz.com
Investor Relations:
Sergey Belyakov
Director, Investor Relations
London: +44 207 832 8990 Moscow: +7 495 232 1370
ir@evraz.com
EVRAZ is a vertically integrated steel, mining and vanadium
business with operations in the Russian Federation, Ukraine, USA,
Canada, Czech Republic, Italy and South Africa. EVRAZ is among the
top steel producers in the world based on crude steel production of
15.9 million tonnes in 2012. In 2012 EVRAZ sold 15.3 million tonnes
of steel products. A significant portion of the company's internal
consumption of iron ore and coking coal is covered by its mining
operations. The company's consolidated revenues for the year ended
31 December 2012 were US$14,726 million, and consolidated EBITDA
amounted to US$2,012 million.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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