Metalloinvest declares dividends
 

Moscow, Russia - 10 August 2017 - Metalloinvest ("the Company"), a leading global iron ore and HBI producer and supplier, and one of the regional producers of high-quality steel, today announces that the Company will pay a dividend following its results in the first half of 2017.

On the basis of a recommendation from Metalloinvest's Board of Directors, the Company's shareholders took the decision to pay a dividend amounting to RUB 19,995 mn.

 

 

# # # #

 

For more information, please contact:

 

Artem Lavrischev
Director of Investor Relations and Corporate Ratings

E: ir@metalloinvest.com

T: +7 (495) 981-55-55

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Metalloinvest is a leading global iron ore and merchant HBI producer and supplier, and one of the regional producers of high-quality steel. The Company has the world's second-largest measured iron ore reserve base and is one of the lowest-cost iron ore producers.

Metalloinvest is wholly owned by USM Holdings. Alisher Usmanov is the major beneficiary of USM Holdings (49%), with other major beneficiaries being the companies of Vladimir Skoch (30%) and Farhad Moshiri (10%).