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Novolipetsk Steel

April 30, 2020

NLMK Board of Directors recommends dividends for Q1 2020

NLMK Group's Board of Directors recommended NLMK shareholders to approve Q1'20 dividend in the amount of RUB 3.21 per share at the Extraordinary General Shareholder Meeting (EGM) which will be held on 30 June 2020.

The Board of Directors also recommended that shareholders set the date upon which the shareholders entitled to Q1'20 dividends will be determined as 13 July 2020.

The list of persons entitled to participate at the EGM will be compiled as of 5 June 2020.

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 18.6% 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.

For more information about NLMK Group, please visit our website.

 

 

 

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