Metalloinvest Finance Designated Activity Company
Metalloinvest declares dividends
Metalloinvest Finance Designated Activity Company (IRSH) Moscow, Russia – 13 June 2018 – Metalloinvest, a leading global iron ore and HBI producer and supplier, and one of the regional producers of high-quality steel, has announced its dividends. Based on 2017 results and Net debt/EBITDA ratio of 1.9x as of 31 December 2017, the shareholders of Metalloinvest made a decision to pay out the dividends in the total amount of 18.999 billion roubles.
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For more information, please contact: Artem Lavrischev T: +7 (495) 981-55-55
Metalloinvest is a leading global iron ore and merchant HBI producer and supplier, and one of the regional producers of high-quality steel. The Company has the world’s second-largest measured iron ore reserve base and is one of the lowest-cost iron ore producers. Metalloinvest is wholly owned by USM Holdings. Alisher Usmanov is the major beneficiary of USM Holdings (49%), with other major beneficiaries being the companies of Vladimir Skoch (30%) and Farhad Moshiri (9%). |
ISIN: | XS0918297382 |
Category Code: | RAG |
TIDM: | IRSH |
Sequence No.: | 5647 |
EQS News ID: | 695235 |
End of Announcement | EQS News Service |