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OAO Severstal SVST Board recommends dividend payment for Q3 2012



  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: +7 495 926 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
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