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OJSC MAGNITOGORSK IRON AND STEEL WORKS (FRA:US559189) MMK: Save the date: MMK online. Fireside chat with the leadership team on the 7 December 2021

Transparency directive : regulatory news

09/11/2021 10:25

PJSC Magnitogorsk Iron and Steel Works (MMK)
MMK: Save the date: MMK online. Fireside chat with the leadership team on the 7 December 2021

09-Nov-2021 / 10:25 CET/CEST
Dissemination of a Regulatory Announcement, transmitted by EQS Group.
The issuer is solely responsible for the content of this announcement.


Save the date:

MMK online.

Fireside chat with the leadership team

 

09 november 2021

Magnitogorsk, Russia

 

 

PJSC MMK ("MMK", or "the Group") (MOEX: MAGN; LSE: MMK), one of the world's largest steel producers, is pleased to invite the investment community to join «MMK online. Fireside chat with the leadership team» on the 7 December 2021.

Chairman of the Board of Directors Victor Rashnikov and CEO Pavel Shilyaev will discuss market trends, as well as the latest corporate developments and the Group's strategic view for 2025.

The event will take place via online video conference on 7 December 2021 at 5:00 pm Moscow time (2:00 pm London time, 9:00 am New York time).

 

  • Date:
    7 December 2021

 

  • Time:
    17:00 Moscow time
    14:00 London time
    9:00 New York time

 

Further information on the event as well as agenda will be provided later. Registration details for the online video conference will be provided in due course. 

 

About MMK

MMK is one of the world's largest steel producers and a leading Russian metals company. The Group's operations in Russia include a large steel-producing unit encompassing the entire production chain, from the preparation of iron ore to downstream processing of rolled steel. MMK turns out a broad range of steel products, with a predominant share of premium products. In 2020, MMK produced 11.6 mln tonnes of crude steel and sold 10.8 mln tonnes of commercial steel products.

ММK is an industry leader in terms of production costs and margins. Group revenue in 2020 totalled USD 6,395 mln, with an EBITDA of USD 1,492 mln. MMK boasts the industry's lowest debt burden. Net debt/EBITDA ratio was -0.06х at the end of 2020. The Group's investment-grade rating is confirmed by the leading global rating agencies Fitch, Moody's and S&P.

MMK's ordinary shares are traded on the Moscow Exchange, while its depositary receipts are traded on the London Stock Exchange. Free float amounts to 20.2%.

Please subscribe to our official MMK channel on Telegram to be the first to know about key MMK news.

 

 

INVESTOR RELATIONS
DEPARTMENT

Veronika Kryachko
+7 915 380 6266
kryachko.vs@mmk.ru

 

ESG

DEPARTMENT

Yaroslava Vrubel
+7 982 282 9682
vrubel.ys@mmk.ru

 

COMMUNICATIONS DEPARTMENT

Dmitry Kuchumov
+7 985 219 2874
kuchumov.do@mmk.ru

Oleg Egorov
+7 903 971 8837
egorov.oa@mmk.ru

 

KEY UPCOMING EVENTS IN 2021

FINANCIAL CALENDAR

 

8-9 November

GS 13th Annual CEEMEA 1x1 Conference, online

8-9 November

10th Global Natural Resources Conference, online

15 November

Moscow Exchange Forum, online

 

 

 

 

 

 



ISIN: US5591892048
Category Code: MSCM
TIDM: MMK
LEI Code: 253400XSJ4C01YMCXG44
Sequence No.: 126323
EQS News ID: 1247316

 
End of Announcement EQS News Service

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