METALLOINVEST FINANCE DESIGNATED ACTIVITY COMPANY (FRA:XS091829) Metalloinvest Finance Designated Activity Company: Metalloinvest declares dividends
Transparency directive : regulatory news
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Metalloinvest Finance Designated Activity Company (IRSH)
Metalloinvest declares dividends
Moscow, Russia - 25 November 2020 - 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 9M 2020. Based on 9M 2020 results and Net Debt/EBITDA LTM ratio of 1.68x as of 30 September 2020, the shareholders of Metalloinvest made a decision to pay out the dividends in the total amount of RUB 24.3 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 global iron ore and merchant HBI producer and supplier, and one of the regional producers of high-quality steel. The Company has the world's second-largest measured iron ore reserve base and is one of the lowest-cost iron ore producers. Metalloinvest is wholly owned by Holding Company USM LLC. Alisher Usmanov is the major beneficiary of Holding Company USM LLC (49%).
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| ISIN: | XS0918297382 |
| Category Code: | MSCH |
| TIDM: | IRSH |
| Sequence No.: | 88545 |
| EQS News ID: | 1150651 |
| End of Announcement | EQS News Service |
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