RE: RASP Shares for EVRAZ12 Jan 2022 23:17
Last bit
er the Share Sale Facility, EVRAZ will procure the sale of those RASP Shares to which the Share
Sale Facility Participants are entitled, and will then, upon the sale of all of the RASP Shares, provide
the cash proceeds of such Share Sale (net of dealing and conversion costs, as well as any fees,
expenses, commissions and applicable taxes payable or incurred by EVRAZ or any third parties
involved in implementing the Share Sale Facility) to the Share Sale Facility Participants on a pro rata
basis in US Dollars. Such cash proceeds will be provided to Share Sale Facility Participants in US
Dollars either:
• for each EVRAZ Shareholder who holds its EVRAZ Shares in certificated form, by way of a
cheque being dispatched to such EVRAZ Shareholder by ordinary post to its address as
recorded on the EVRAZ Share Register at such EVRAZ Shareholder’s own risk; or
• for each EVRAZ Shareholder who holds its EVRAZ Shares in uncertificated form through
CREST, by the creation of an assured payment obligation in favour of the CREST account
through which such EVRAZ Shareholder holds such EVRAZ Shares in uncertificated form,
in each case no more than 20 Business Days following the settlement date of the relevant trade to sell
the last RASP Share(s) to be sold pursuant to the Share Sale Facility.