OAO Severstal (SVST) - Board recommends dividend payment for Q3 2012 RNS Number : 0077R OAO Severstal 13 November 2012 OAO SEVERSTAL The Board recommends Dividend payment for 9 months to 30 September 2012 Moscow, Russia - November 13, 2012 - The Board of Directors of OAO Severstal ('the Company') (LSE: SVST; MICEX-RTS: CHMF), one of the world's leading vertically integrated steel and steel-related mining companies, is recommending a dividend of 3.18 rubles (approximately $0.10) per share for the nine months to 30 September 2012. Approval of the dividend is expected at the Company's EGM that, as announced on 30 October 2012, will take place on 20 December 2012. The record date for both participation in the EGM and for dividend payments for the 9 months ended 30 September 2012 was 9 November 2012. Enquiries: Severstal Investor Relations Vladimir Zaluzhsky T: +7 495926 7766 Severstal Public Relations Elena Kovaleva T: +7 (495) 926-77-66 Hudson Sandler (Financial Communications Adviser) Andrew Hayes / Andrew Leach / Maria Ignatova T: +44 (0) 20 7796 4133 This information is provided by RNS The company news service from the London Stock Exchange END DIVGGGMGGUPPGPW -0- Nov/13/2012 12:19 GMT
OAO Severstal SVST Board recommends dividend payment for Q3 2012
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