EVRAZ plc: Response to press speculations (1403515)
July 21 2022 - 12:15PM
UK Regulatory
EVRAZ plc (EVR) EVRAZ plc: Response to press speculations
21-Jul-2022 / 20:15 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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Response to press speculations
21 July 2022 - EVRAZ plc ("EVRAZ" or the "Company") notes recent
press speculations regarding supply of materials for Russian
military.
EVRAZ denies the speculations that the Company is or has been
supplying products to the Russian military which may have been used
for the military purposes. EVRAZ in Russia supplies products to
infrastructure and construction sectors for civilian use only.
EVRAZ implemented sanctions compliance system in 2014 which
screens every customer and identifies red flags. To eliminate
sanctions, economic and reputational risks the Company verifies the
end-users of products and secures their civil use by special
clauses in contracts. The Company is not aware of its products
being used for military purposes.
Suggestions about potential use of EVRAZ's steel, vanadium and
other products for military purposes indicate not only the
misunderstanding of steel industry's base principles, but the lack
of knowledge about EVRAZ's product range as well.
Due to its public status, EVRAZ's product portfolio is very
transparent and is regularly audited by independent audit
companies. The whole and exhaustive product catalog is indicated in
details in the latest EVRAZ Annual Reports on the link
https://www.evraz.com/en/investors/reports-and-results/annual-reports/
.
###
For further information:
Investor Relations:
+7 495 232 1370
+44 207 290 1095
ir@evraz.com
Media Relations:
+7 495 937 6871
+44 207 290 1096
media@evraz.com
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ISIN: GB00B71N6K86
Category Code: MSCM
TIDM: EVR
LEI Code: 5493005B7DAN39RXLK23
Sequence No.: 176428
EQS News ID: 1403515
End of Announcement EQS News Service
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July 21, 2022 13:15 ET (17:15 GMT)
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