PAO Severstal: Severstal appoints Citi as Depositary Bank for GDR Programme (1254492)
December 06 2021 - 7:00AM
UK Regulatory
PAO Severstal (SVST) PAO Severstal: Severstal appoints Citi as
Depositary Bank for GDR Programme 06-Dec-2021 / 15:59 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.
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Severstal appoints Citi as Depositary Bank for GDR Programme
PAO Severstal (MOEX: CHMF; LSE: SVST), one of the world's
leading vertically integrated steel and steel-related mining
companies, announces that Citi, acting through Citibank N.A., has
been appointed to act as depositary bank for its Global Depositary
Receipt ("GDR") programme, effective as of December 6, 2021.
Severstal and Citibank, N.A. have amended the Deposit Agreements
dated September 26, 2006 by entering into the Amended and Restated
Deposit Agreements dated December 6, 2021.
PJSC Sberbank will take over as the Custodian in providing
custody services in respect of the local underlying shares. The
head office of the Custodian is 19 Vavilova Street, Moscow, 117997,
Russia.
Holders of the Severstal' GDRs do not need to take any action in
connection with this notice.
Severstal's Reg S GDRs are listed on the London Stock Exchange
under the symbol "SVST" and admitted to trading on the SPB Exchange
under the symbol "SVST@GS". The 144A GDRs presented in the PORTAL
system. Each GDR represents one ordinary share of Severstal.
For further information, please contact:
Severstal Investor Relations
Vladimir Zaluzhsky, Nikita Klimantov
T: +7 (495) 926-77-66
vladimir.zaluzhsky@severstal.com
na.klimantov@severstal.com
Severstal Public Relations
Anastasia Mishanina
T: +7 (495) 926-77-66
anastasia.mishanina@severstal.com
***
P?? 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 MOEX and the
company's GDRs are traded on the LSE. Severstal reported revenue of
USD6,870 mln and EBITDA of USD2,422 mln in 2020. Severstal's crude
steel production in 2020 reached 11.3 mln tonnes.
www.severstal.com
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ISIN: US8181503025
Category Code: MSCL
TIDM: SVST
LEI Code: 213800OKDPTV6K4ONO53
OAM Categories: 3.1. Additional regulated information required to be disclosed under the laws of a Member State
Sequence No.: 128379
EQS News ID: 1254492
End of Announcement EQS News Service
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