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Disposal

26 Sep 2006 07:04

OJSC Novolipetsk Steel26 September 2006 Novolipetsk Steel (NLMK)26 September 2006 Novolipetsk Steel (NLMK) completes the disposal of KMA Ruda Further to the announcement on August 16th, 2006, Novolipetsk Steel (LSE: NLMK),a leading Russian steel producer, has completed the disposal of its stake of92.04% (236,605 ordinary shares) in OJSC "KMA Ruda". As stated previously, thedeal is valued at USD 300 million in cash. The 59.99 % interest in KMA Ruda wassold to OJSC "KOKS" and 32.04 % interest was sold to Lesser Enterprises LimitedCompany for USD 195.5 and 104.5 million respectively. This disposal is in line with NLMK's recently announced sustainable growthstrategy for 2007-2011. One of the key elements of the strategy is unlocking thevalue of non-strategic assets. For further information: NLMKAnton Bazulev +7 495 915 1575 Financial DynamicsJon Simmons +44 207 831 3113 This information is provided by RNS The company news service from the London Stock Exchange
Date   Source Headline
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28th Apr 20171:50 pmRNSNLMK BOD RECOMMENDS DIVIDENDS FOR Q1 2017
28th Apr 20171:50 pmRNSNLMK BOARD APPROVES AGM AGENDA
27th Apr 20179:20 amRNSNLMK GROUP Q1 2017 IFRS FINANCIAL RESULTS
14th Apr 201712:00 pmEQS1Q 2017 NLMK GROUP TRADING UPDATE
13th Apr 20179:35 amRNSNOTICE OF Q1 2017 IFRS RESULTS
6th Mar 20178:00 amRNSNLMK presents update on its Strategy2017 execution
6th Mar 20177:08 amRNSNLMK GROUP Q4 AND FY2016 IFRS FINANCIAL RESULTS
6th Mar 20177:07 amRNSNLMK BoD approves composition of Management Board
6th Mar 20177:00 amRNSNLMK BoD votes to hold AGM on 2 June 2017
6th Mar 20177:00 amRNSNLMK BoD recommends dividends for Q4 2016
28th Feb 20171:06 pmRNSNLMK Group to host CMD in London on 6th March
19th Jan 201712:00 pmRNS4Q 2016 AND 12M 2016 NLMK GROUP TRADING UPDATE
28th Dec 20161:00 pmRNSNLMK 2017 Financial Calendar
23rd Dec 20161:00 pmRNSNLMK Board adopts internal corporate documents
23rd Dec 20161:00 pmRNSNLMK shareholders approve 3Q 2016 dividends
13th Dec 20162:00 pmRNSDirector/PDMR Shareholding
9th Dec 20167:00 amRNSNLMK RNS announcement
9th Dec 20167:00 amRNSCOMPLETION OF AN ACCELERATED BOOKBUILD OFFERING
8th Dec 20164:33 pmRNSLAUNCH OF AN ACCELERATED BOOKBUILD OFFERING
30th Nov 20167:05 amRNSNLMK Group launches pelletizing plant
17th Nov 20162:00 pmRNSBoD recomends dividends for 3Q 2016
31st Oct 20163:33 pmRNSManagement comments regarding Q3 dividends
31st Oct 20169:31 amRNSQ3 AND 9M 2016 CONSOLIDATED IFRS FINANCIAL RESULTS
24th Oct 201610:00 amRNSNOTICE OF Q3 AND 9M 2016 IFRS RESULTS
13th Oct 20169:00 amRNS3Q 2016 AND 9M 2016 NLMK GROUP TRADING UPDATE
30th Sep 20161:51 pmRNSNLMK to pay 55% of 2Q'16 net profit in dividends
12th Aug 20161:45 pmRNSNLMK BoD Recommends dividends for 2Q 2016
27th Jul 201612:15 pmRNSQ2 and 6M 2016 Financial Results
18th Jul 20161:44 pmRNSNOTICE OF Q2 AND H1 2016 IFRS RESULTS
14th Jul 20169:30 amRNSQ2 2016 AND 6M 2016 TRADING UPDATE
30th Jun 20163:05 pmRNSPayments to Governments
15th Jun 20163:32 pmRNSNLMK places US$700 mln in 7-year Eurobond
9th Jun 20161:45 pmRNSNotes of Steel Funding Ltd Regarding Tender Offer
9th Jun 20161:45 pmRNSSteel Funding Ltd announces result of Tender Offer
3rd Jun 20162:03 pmRNSSHAREHOLDERS APPROVE DIVIDENDS FOR 2015 & Q1 2016
3rd Jun 20162:00 pmRNSINCREASEs NUMBER OF INDEPENDENT DIRECTORS ON BOD
31st May 20161:23 pmRNSTENDER OFFER FOR NOTES DUE 2018 AND 2019
17th May 20169:00 amRNSQ1 2016 CONSOLIDATED FINANCIAL RESULTS UNDER IFRS

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