OAO Severstal (SVST) - Board recommends dividend payment for Q3 2012
RNS Number : 0077R
13 November 2012
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.
Severstal Investor Relations
T: +7 495926 7766
Severstal Public Relations
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
DIVGGGMGGUPPGPW -0- Nov/13/2012 12:19 GMT
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