PJSC Magnitogorsk Iron and Steel Works: Launch announcementSource: EQS
For immediate release
NOT FOR PUBLICATION, RELEASE OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO
THE INFORMATION CONTAINED WITHIN THIS ANNOUNCEMENT IS DEEMED TO CONSTITUTE INSIDE INFORMATION FOR THE PURPOSES OF ARTICLE 7 OF THE MARKET ABUSE REGULATION (EU) NO. 596/2014 AS IT FORMS PART OF
Goldman Sachs International announces its intention to offer 167,614,950 existing ordinary shares (the "Resale Shares") of
The Resale Shares represent 1.5% of the Company's issued ordinary share capital.
After acquisition of the Resale Shares by Goldman Sachs International,
The remaining ordinary shares in the capital of the Company held by
Goldman Sachs International is acting as sole bookrunner on the Resale.
The Company will not receive any proceeds from the Resale.
The Resale Shares, in all respects, rank pari passu with the Company's ordinary shares.
THIS ANNOUNCEMENT AND THE INFORMATION CONTAINED HEREIN IS FOR INFORMATION PURPOSES ONLY AND DOES NOT CONSTITUTE OR FORM PART OF ANY OFFER OF, OR THE SOLICITATION OF AN OFFER TO ACQUIRE OR DISPOSE OF SECURITIES IN
MEMBERS OF THE GENERAL PUBLIC ARE NOT ELIGIBLE TO TAKE PART IN THE RESALE. THIS ANNOUNCEMENT AND ANY OFFER OF SECURITIES TO WHICH IT RELATES ARE ONLY ADDRESSED TO AND DIRECTED AT (1) IN ANY MEMBER STATE OF THE EUROPEAN ECONOMIC AREA, PERSONS WHO ARE QUALIFIED INVESTORS WITHIN THE MEANING OF ARTICLE 2 OF REGULATION (EU) 2017/1129; AND (2) IN THE
THIS ANNOUNCEMENT DOES NOT, AND SHALL NOT, IN ANY CIRCUMSTANCES CONSTITUTE A PUBLIC OFFERING, NOR AN OFFER TO SELL OR TO SUBSCRIBE FOR, NOR A SOLICITATION TO OFFER TO PURCHASE OR TO SUBSCRIBE FOR SECURITIES IN ANY JURISDICTION. The distribution of this announcement and the offering or sale of the RESALE SHARES in certain jurisdictions may be restricted by law. No action has been taken by mINTHA (OR ANY AFFILIATES THEREOF) or Goldman Sachs International or any of ITS affiliates that would, or which is intended to, permit a public offer of the RESALE SHARES in any jurisdiction or possession or distribution of this announcement or any other offering or publicity material relating to the RESALE SHARES in any jurisdiction where action for that purpose is required. Persons into whose possession this announcement comes are required by
THE RESALE SHARES HAVE NOT BEEN, AND WILL NOT BE, REGISTERED UNDER THE US SECURITIES ACT OF 1933, AS AMENDED (THE "US SECURITIES ACT"), OR UNDER THE APPLICABLE SECURITIES LAWS OF ANY STATE OR OTHER JURISDICTION OF
THE RESALE SHARES HAVE NOT BEEN APPROVED OR DISAPPROVED BY THE
No prospectus or offering document has been or will be prepared in connection with the RESALE. Any investment decision to buy securities in the RESALE must be made solely on the basis of publicly available information. Such information is not the responsibility of and has not been independently verified by
GOLDMAN SACHS INTERNATIONAL IS AUTHORISED BY THE PRUDENTIAL REGULATION AUTHORITY (THE "PRA") AND REGULATED IN THE
In connection with the offering of the RESALE shares, GOLDMAN SACHS INTERNATIONAL or any of ITS affiliates may take up a portion of the RESALE shares as a principal position and in that capacity may retain, purchase or sell for their own accounts such securities. In addition they may enter into financing arrangements and swaps with investors in connection with which they may from time to time acquire, hold or dispose of the RESALE shares. They do not intend to disclose the extent of any such investment or transactions otherwise than in accordance with any legal or regulatory obligation to do so.
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