PAO Severstal: Severstal comments on the European Council Regulation (EU) 2022/336 as of 28 February 2022 (1292515)
02 Marzo 2022 - 7:00AM
UK Regulatory
PAO Severstal (SVST) PAO Severstal: Severstal comments on the
European Council Regulation (EU) 2022/336 as of 28 February 2022
02-March-2022 / 16:00 MSK Dissemination of a Regulatory
Announcement, transmitted by EQS Group. The issuer is solely
responsible for the content of this announcement.
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Severstal comments on the European Council Regulation (EU)
2022/336 as of 28 February 2022
PAO Severstal (MOEX: CHMF; LSE: SVST) notifies that on 28
February 2022 the Council of the European Union designated certain
persons to the list set out in Annex I to Regulation (EU) No
269/2014. These include Mr. Alexey Mordashov, Chairman of the Board
of Directors and controlling shareholder of the Company.
The Company is closely monitoring the situation and assessing
possible direct and indirect impact on its business and prospects.
Severstal is one of the lowest cost producers in the world. The
company's financial position remains strong and its debt level is
low.
For further information, please contact:
Severstal Investor Relations
Vladimir Zaluzhsky, Nikita Klimantov
T: +7 (495) 926-77-66
vladimir.zaluzhsky@severstal.com; na.klimantov@severstal.com
Severstal Public Relations
Anastasia Mishanina
T: +7 (495) 926-77-66
anastasia.mishanina@severstal.com
***
P?? Severstal is one of the world's most efficient metals and
mining companies, working with customers and partners to create new
products and integrated solutions from steel. The company's assets
are located in Russia, Latvia and Poland. Severstal is listed on
MOEX and the company's GDRs are traded on the LSE. 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: MSCM
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.: 146384
EQS News ID: 1292515
End of Announcement EQS News Service
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