the Shareholders of JSC "NLMK" held on December 20 extraordinary General meeting approved payment of dividends for the 3rd quarter of 2019 in the amount of the ruble 3.22 per share. The total amount of dividends payable for the 3rd quarter of 2019, equivalent to 124% of free cash flow NLMK Group for the relevant period according to the consolidated financial statements prepared in accordance with IFRS.
the Date for determining which persons entitled to dividends for the 3rd quarter 2019 9 January 2020.
In order to bring corporate documents of OJSC "NLMK" in accordance with the requirements of changes in legislation and to confirm the commitment of NLMK Group's sustainable development Goals UN Global compact and reflect the role of the Board of Directors in matters of sustainable development, the meeting of shareholders approved new versions of regulations on the General shareholders meeting, regulations on Board of Directors.
about the company
NLMK Group is a vertically integrated steel company and Russia's largest and one of the world's most efficient producers of steel products.
NLMK's metal Products are used in various industries, from construction and engineering to power-generating equipment and offshore wind turbines.
the Production assets of NLMK are located in Russia, Europe and the USA. The production capacity of steel companies over 17 million tonnes a year.
NLMK has high competitiveness in cost among global manufacturers, the company's profitability is one of the highest in the industry. The company's revenue for the year 2018 amounted to $ 12 billion, EBITDA – $ 3.6 billion. The ratio of Net Debt/EBITDA of 0.25 H. the Company has a credit rating of investment grade from S&P, Moody's, Fitch and Expert RA.
Ordinary shares of JSC "NLMK", the free float is 19%, are traded on the Moscow Stock Exchange (Ticker "NLMK"), global Depositary shares on the London stock exchange (Ticker "NLMK:LI"). The share capital of the Company is divided into 5,993,227,240 shares with a par value of 1 Russian ruble.
read More of stockholders ' equity NLMK can be found at the link.
Download photos and corporate video NLMK Group in Mediobanca the link.
