11 Mar 2022 07:21
EVRAZ plc (LSE: EVR) (the "Company")
CHANGES IN THE COMPOSITION OF THE BOARD OF DIRECTORS
11 March 2022 - EVRAZ is deeply concerned and saddened by the Ukraine-Russia conflict and hopes that a peaceful resolution will be found soon.
In light of the Financial Sanctions Notice issued by the Office of Financial Sanctions Implementation, HM Treasury, on 10 March 2022 and the suspension of the Company's shares from trading, all the EVRAZ plc non-executive directors - Alexander Abramov, Alexander Frolov, Alexander Izosimov, Deborah Gudgeon, Eugene Shvidler, Eugene Tenenbaum, Karl Gruber, Maria Gordon, Sir Michael Peat and Stephen Odell - have resigned as directors with immediate effect. Alexey Ivanov, the Company's CEO, will continue as a director.
EVRAZ is waiting for further clarifications by OFSI.
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Investor Relations:
+7 495 232 1370
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ir@evraz.com
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Evraz (EVR)