9 Nov 2021 09:26
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 time14:00 London time9:00 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 6266kryachko.vs@mmk.ru ESG DEPARTMENT Yaroslava Vrubel +7 982 282 9682vrubel.ys@mmk.ru COMMUNICATIONS DEPARTMENT Dmitry Kuchumov+7 985 219 2874kuchumov.do@mmk.ru Oleg Egorov+7 903 971 8837egorov.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 |
UK Regulatory announcement transmitted by DGAP - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement.
