14 Nov 2017 12:26
Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them
1 | Details of the person discharging managerial responsibilities/person closely associated | ||
а) | Name | Pearlgreen Limited | |
2 | Reason for the notification | ||
a) | Position/status | A person closely associated with PDMR (Alexey Mordashov, member of the Board of Directors of Public Joint Stock Company "Severstal") | |
b) | Initial notification/ Amendment | Initial notification | |
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | ||
a) | Name | Public Joint Stock Company "Severstal" | |
b) | Legal Entity Identifier code | 213800OKDPTV6K4ONO53 | |
4 | Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted | ||
a) | Description of the financial instrument, type of instrument | Share/Global Depository Receipt (GDR) | |
Identification code | ISIN: US8181503025, RU0009046510 | ||
b) | Nature of the transaction | Sale of shares/GDRs | |
c) | Price(s) and volume(s) | Price(s) | Volume(s) |
US$14.96625 per share/GDR | 18,040,892
| ||
d) | Aggregated information - Aggregated volume - Price
|
18,040,892 US$270,004,500 | |
e) | Date of the transaction | 8 November 2017 | |
f) | Place of the transaction | Outside of Trading Venue | |
For more details of this transaction, please refer to official disclosure by PAO Severstal published on 9 November 2017:
http://www.severstal.com/eng/ir/disclosure/rns/document21218.phtml
For further information please contact:
Investor Relations
Evgeny Belov
T: +7 (495) 926-77-66
evgenii.belov@severstal.com
Public Relations
Anastasia Mishanina
T: +7 (495) 926-77-66
anastasia.mishanina@severstal.com
***
PАО Severstal is one of the world's leading vertically integrated steel and steel related mining companies, with assets in Russia, Ukraine, Latvia, Italy and Poland. Severstal is listed on RTS and MICEX and the company's GDRs are traded on the LSE. Severstal reported revenue of $5,916 million and EBITDA of $1,911 million in 2016. Severstal's crude steel production in 2016 reached 11.6 million tonnes www.severstal.com