Metalloinvest declares dividends
Moscow, Russia - 08 April 2019 - Metalloinvest, a leading global iron ore and HBI producer and supplier, and one of the regional producers of high-quality steel, has announced its dividends.
Based on Q4 2018 results and Net debt/EBITDA ratio of 1.1x as of 31 December 2018,
the shareholders of Metalloinvest made a decision to pay out the dividends in the total amount of 5.5 billion roubles.
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For more information, please contact:
Director of Investor Relations and Corporate Ratings
E: [email protected]
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 Holding Company USM LLC. Alisher Usmanov is the major beneficiary of Holding Company USM LLC (49%), with other major beneficiaries being the companies of Vladimir Skoch (30%) and Farhad Moshiri (8%).