Company Announcements

NLMK BoD recommends dividends for Q2'20

Source: RNS
RNS Number : 8801T
Novolipetsk Steel
23 July 2020
 

Press release

23 July 2020

NLMK Board of Directors recommends dividends for Q2 2020

NLMK Group's Board of Directors recommended NLMK shareholders to approve Q2'20 dividend in the amount of RUB 4.75 per share at the Extraordinary General Shareholder Meeting (EGM) which will be held on 25 September 2020.

The Board of Directors also recommended that shareholders set the date upon which the shareholders entitled to Q2'20 dividends will be determined as 12 October 2020.

The list of persons entitled to participate at the EGM will be compiled as of 31 August 2020.

About NLMK Group

NLMK Group is the largest steelmaker in Russia and one of the most efficient in the world.

NLMK Group's steel products are used in various industries, from construction and machine building to the manufacturing of power-generation equipment and offshore wind turbines.

NLMK operates production facilities in Russia, Europe and the United States. The Company's steel production capacity exceeds 17 million tonnes per year.NLMK's ordinary shares with a 18.6% free-float are traded on the Moscow Stock Exchange (ticker "NLMK") and its global depositary shares are traded on the London Stock Exchange (ticker "NLMK:LI"). The share capital of the Company is divided into 5,993,227,240 shares with a par value of RUB1. For more details on NLMK shareholder capital please follow the link.

For more information about NLMK Group, please visit our website.

 

IR contact info:

Dmitry Kolomytsyn, CFA

+7 (495) 504 0 504

ir@nlmk.com

Media contact info:

Mariya Simonova

+7 (915) 322 62 25

 simonova_mn@nlmk.com


This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
 
END
 
 
MSCGRGDRGXDDGGX