PAO SEVERSTAL Notification of transaction by PDMR's PCA

Transparency directive : regulatory news

07/12/2018 15:50

PAO Severstal (SVST)
Notification of transaction by PDMR's PCA

07-Dec-2018 / 17:50 MSK
Dissemination of a Regulatory Announcement that contains inside information according to REGULATION (EU) No 596/2014 (MAR), transmitted by EQS Group.
The issuer is solely responsible for the content of this announcement.


 

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them

 

 

1

Details of the person discharging managerial responsibilities/person closely associated

а)

Name

Melsonda Holdings Limited

2

Reason for the notification

a)

Position/status

A person closely associated with PDMR (Alexey Mordashov, member of the Board of Directors)

b)

Initial notification/ Amendment

Initial notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

Public Joint Stock Company "Severstal"

b)

Legal Entity Identifier code

213800OKDPTV6K4ONO53

4

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

a)

Description of the financial instrument, type of instrument

Global Depository Receipt (GDR)

 

Identification code

US8181503025

b)

Nature of the transaction

Sale of GDRs

c)

Price(s) and volume(s)

Price(s)

Volume(s)

 

 

US$14.20 per GDR

616,016

 

d)

Aggregated information

- Aggregated volume

- Price

 

 

616,016

US$8,747,427.20

e)

Date of the transaction

06 December 2018

f)

Place of the transaction

Outside of Trading Venue

 

 

 

 

 

For further information please contact:

 

Investor Relations

Evgeny Belov

T: +7 (495) 926-77-66

evgenii.belov@severstal.com

 

Public Relations

Anastasia Mishanina

T: +7 (495) 926-77-66

anastasia.mishanina@severstal.com

 

  

 

***

PАО Severstal is one of the world's leading vertically-integrated steel and steel related mining companies, with assets in Russia, Latvia and Poland. Severstal is listed on RTS and MICEX and the company's GDRs are traded on the LSE. Severstal reported revenue of $7,848 million and EBITDA of $2,577 million in 2017. Severstal's crude steel production in 2017 reached 11.7 million tonnes. www.severstal.com

 

 



ISIN: US8181503025
Category Code: DSH
TIDM: SVST
LEI Code: 213800OKDPTV6K4ONO53
Sequence No.: 6812
EQS News ID: 755695

 
End of Announcement EQS News Service

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