METALLOINVEST FINANCE DESIGNATED ACTIVITY COMPANY (FRA:XS091829) Metalloinvest declares dividends
Transparency directive : regulatory news
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Metalloinvest Finance Designated Activity Company (IRSH)
Metalloinvest declares dividends
Moscow, Russia - 05 October 2021 - Metalloinvest ("the Company"), a leading global iron ore and HBI producer and supplier, and one of the regional producers of high-quality steel, has announced its dividends for the 9 months of 2021. Based on 9M 2021 results and Net Debt/EBITDA LTM ratio of substantially lower than 1.0x as of 30 September 2021, the shareholders of Metalloinvest made a decision to pay out the dividends in the total amount of RUB 88.6 bn, part of which will be returned to the Company for the settlement of the intragroup transactions.
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If you have any questions, please contact us: Artem Lavrischev T: +7 (495) 981-55-55, ext. 7243
Anton Troshin Public Relations Tel.: +7 (495) 981-55-55, ext. 7629
Metalloinvest is a leading metals and mining company with the second-largest proven iron ore reserves on a JORC-equivalent basis In H1 2021, revenue amounted to USD 5.1 bn; EBITDA - USD 2.9 bn. The company has 10+ years track record on public debt capital markets with high credit ratings: S&P (BBB-/ stable), Fitch (BBB-/stable), Moody's (Baa3/stable), АCRА (AA+(RU)/positive). Alisher Usmanov is the main beneficiary of the company (with a 49% stake) through Holding Company USM LLC. Ticker (Bloomberg): METIN RU; official website: www.metalloinvest.com
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| ISIN: | XS0918297382 |
| Category Code: | MSCM |
| TIDM: | IRSH |
| Sequence No.: | 123553 |
| EQS News ID: | 1238248 |
| End of Announcement | EQS News Service |
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