PAO Severstal: Notification on the Q1 2022 financial results publication (1325363)
11 Abril 2022 - 7:00AM
UK Regulatory
PAO Severstal (SVST) 11-Apr-2022 / 15:00 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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Notification on the Q1 2022 financial results publication
PAO Severstal (MOEX: CHMF; LSE: SVST) informs that the Company
has decided temporarily not to publish its Financial statements for
Q1 2022 due to the fact that a significant part of its shareholders
is unable to make investment decisions and such a disclosure can
put some stakeholders into an advantageous position in relation to
the others.
Review of the payment (declaration) of dividends for the results
for Q4 2021 is expected at the Annual General Meeting of
Shareholders on 20 May 2022. In the current macroeconomic
environment, the Management will not recommend the Board of
Directors to pay dividends for Q1 2022 and Q4 2021. The Board will
review and finalize dividend recommendations when approving the
matters related to the preparation for the Annual General Meeting
of Shareholders.
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: 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.: 154926
EQS News ID: 1325363
End of Announcement EQS News Service
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