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NLMK BoD recommends dividends for Q1'21

22 Apr 2021 09:00

RNS Number : 2861W
Novolipetsk Steel
22 April 2021
 

Press release

22 April 2021

NLMK Board of Directors recommends dividends for Q1 2021

NLMK Group's Board of Directors recommended NLMK shareholders to approve Q1'21 dividend in the amount of RUB 7.71 per share at the Extraordinary General Shareholder Meeting (EGM) which will be held on 11 June 2021.

The Board of Directors also recommended that shareholders set the date upon which the shareholders entitled to Q1'21 dividends will be determined as 23 June 2021.

The list of persons entitled to participate at the EGM will be compiled as of 17 May 2021.

About NLMK Group

NLMK Group is the largest steelmaker in Russia and one of the most efficient in the world.

NLMK Group's steel products are used in various industries, from construction and machine building to the manufacturing of power-generation equipment and offshore wind turbines.

NLMK operates production facilities in Russia, Europe and the United States. The Company's steel production capacity exceeds 17 million tonnes per year.

NLMK's ordinary shares with a 20.7% free-float are traded on the Moscow Stock Exchange (ticker "NLMK") and its global depositary shares are traded on the London Stock Exchange (ticker "NLMK:LI"). The share capital of the Company is divided into 5,993,227,240 shares with a par value of RUB1.

For more details on NLMK shareholder capital, please follow the link.

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