NLMK Announces Results of EGM
OREANDA-NEWS. NLMK's Extraordinary General Meeting of Shareholders resolved to pay out dividends for the first six month of 2014 on NLMK ordinary shares in the amount of RUB 0.88 per share; and set the date on which shareholders entitled to the dividends will be determined at 11 October 2014.
The following dates were set for dividend payment:
- for nominal shareholders and professional securities market participants (trust managers) - up to and including 24 October 2014;
- for other persons - up to and including 18 November 2014.
NLMK Group is a vertically integrated steel company and Russia's leading steel maker and manufacturer of rolled products with high added value. NLMK's high-quality metal products are used in various industries, from construction and engineering to the manufacture of power-generating equipment and offshore wind turbines.
NLMK's production assets are located in Russia, Europe, and the United States. The Company's liquid steel production capacity is over 17 million tonnes per year, of which about 16 million tonnes are produced in Russia. The Company generated USD 10.9 billion in revenue, and EBITDA of USD 1.5 billion in 2013.
NLMK's ordinary shares are traded on the Moscow Stock Exchange (MICEX-RTS, ticker symbol: NLMK), and its global depositary shares are traded on the London Stock Exchange (ticker symbol: NLMK:LI).
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