Evraz Plc Response to Press Speculation (4852L)
December 27 2018 - 2:01AM
UK Regulatory
TIDMEVR
RNS Number : 4852L
Evraz Plc
27 December 2018
Response to Press Speculation
EVRAZ plc (the "Company" and together with its subsidiaries the
"Group") notes recent press speculation regarding potential
combination of the Group's and Sibuglemet Holding's coal assets, or
"Sibuglemet".
The Company has previously entered into a new arms-length
management contract around Sibuglemet assets and further to the
announcement made on 29 May 2018, which was published on the
Company's website, confirms its strategic interest to explore
possible options in relation to the coal assets of Sibuglemet with
an aim of increasing the long-term security of supply of a wide
range of coking coal grades required for Group's operations.
The Company notes however that such options have not been
considered by the Company's Board of Directors as at this point and
accordingly no decisions have been made. The Company will make
further announcements in due course as and if may be
appropriate.
###
For further information:
Media Relations:
London: +44 207 832 8998 Moscow: +7 495 937 6871
media@evraz.com
Investor Relations:
London: +44 207 832 8990 Moscow: +7 495 232 1370
ir@evraz.com
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London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
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END
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