Metalloinvest Finance Designated Activity Company
Metalloinvest declares dividends
Metalloinvest Finance Designated Activity Company (IRSH)
Metalloinvest declares dividends
Moscow, Russia – 23 August 2021 – Metalloinvest (“the Company”), a leading global iron ore and HBI producer and supplier, and one of the regional producers of high-quality steel, has announced its dividends for the six months of 2021. Based on 6M 2021 results and Net Debt/EBITDA LTM ratio of 0.6x as of 30 June 2021, the shareholders of Metalloinvest made a decision to pay out the dividends in the total amount of RUB 117.0 bn, significant part of which will be returned to the Company for the settlement of the intragroup transactions.
# # # #
If you have any questions, please contact us: Artem Lavrischev T: +7 (495) 981-55-55, ext. 7243
Anton Troshin Public Relations Tel.: +7 (495) 981-55-55, ext. 7629
About Metalloinvest Metalloinvest is a leading metals and mining company with the second-largest proven iron ore reserves on a JORC-equivalent basis In H1 2021, revenue amounted to USD 5.1 bn; EBITDA – USD 2.9 bn. The company has 10+ years track record on public debt capital markets with high credit ratings: Fitch (BBB-/stable), S&P (BB+/positive), Moody’s (Ba1/stable), АCRА (AA+(RU)/positive). Alisher Usmanov is the main beneficiary of the company (with a 49% stake) through Holding Company USM LLC. Ticker (Bloomberg): METIN RU; official website: www.metalloinvest.com
|
ISIN: | XS0918297382 |
Category Code: | MSCM |
TIDM: | IRSH |
Sequence No.: | 120564 |
EQS News ID: | 1228353 |
End of Announcement | EQS News Service |