Last checked at 8 Dec 2011 07:00
EVRAZ plc to be included in FTSE 100 Index
8 December 2011 - EVRAZ plc (LSE: EVR) ("EVRAZ" or the "Company") is delighted to announce its inclusion in the FTSE 100 Index of the UK's leading public companies. In so doing it becomes the only steel and mining company in the UK FTSE All-Share Index. The Company will begin trading as part of the FTSE 100 Index on 19th December. EVRAZ plc was admitted to trading on the Main Market of the London Stock Exchange on 7th November 2011.
Alexander Abramov, Chairman of EVRAZ, said, "We are delighted to be included in the FTSE 100 Index, which, coupled with our recent admission to the Main Market of the London Stock Exchange, are marks of recognition by the capital markets of the strength and diversity of our assets, the quality of our management and the prospects of the business. FTSE 100 Index inclusion is particularly meaningful for us and represents another important step in the development of the Group continuing our ongoing commitment to high standards of corporate governance and to delivering outstanding returns for our shareholders."
For further information:
EVRAZ plc Investor Contact:Alexander BoreykoDirector, Investor RelationsLondon: +44 207 832 8990 Moscow: +7 495 232 1370
ir@evraz.com
EVRAZ plc Media contact:Oleg KuzminVP, Corporate CommunicationsLondon: +44 207 832 8998 Moscow: +7 495 937 6871media@evraz.com
EVRAZ is a vertically integrated steel, mining and vanadium business with operations in the Russian Federation, Ukraine, USA, Canada, Czech Republic, Italy and South Africa. EVRAZ was ranked the 15th largest steel producer in the world based on crude steel production of 16.3 million tonnes in 2010. A significant portion of the Group's internal consumption of iron ore and coking coal is covered by its mining operations. The Group's consolidated revenues for the year ended 31 December 2010 were US$13,394 million and consolidated adjusted EBITDA amounted to US$2,350 million. EVRAZ plc holds 99.7% of Evraz Group S.A.