PJSC Magnitogorsk Iron and Steel Works (MMK)
PJSC Magnitogorsk Iron and Steel Works: (CORRECTION) Invitation to register:
MMK online. Fireside chat with the leadership team.
04-Dec-2020 / 13:09 CET/CEST
Dissemination of a Regulatory Announcement, transmitted by EQS Group.
The issuer is solely responsible for the content of this announcement.
invitation to register: PJSC MMK ("MMK", or "the Group")
(MICEX-RTS: MAGN; LSE: MMK), one of the
world's largest steel producers, is
pleased to invite the investment
MMK online. community to join «MMK online. Fireside
chat with the leadership team» on the 8
December 2020.
Fireside chat with the
leadership team
Chairman of the Board of Directors
Victor Rashnikov and CEO Pavel Shilyaev
will discuss the main steel market
trends in Russia and the world, key
risks and drivers behind the growth in
steel consumption, as well as MMK's
strategic priorities and goals up to
04 december 2020 2025.
Magnitogorsk, Russia The event will take place via online
video conference on 8 December 2020 at
5:00 pm Moscow time (2:00 pm London
time, 09:00 am New York time).
Please register to the event by
following the link:
https://mmkonline.ru/?lang=en [1]
· Date:
8 December 2020
· Time:
17:00 Moscow time
14:00 London time
09:00 New York time
About MMK Subscribe to our official MMK
channel in Telegram [2] , to be
the first to know about key MMK
news.
MMK is one of the world's
largest steel producers and a
leading Russian metals
company. The Group's
operations in Russia include a
large steel-producing unit
encompassing the entire
production chain, from the
preparation of iron ore to
downstream processing of
rolled steel. MMK turns out a
broad range of steel products
with a predominant share of
high-value-added products. In
2019, MMK produced 12.5 mln
tonnes of crude steel and 11.3
mln tonnes of commercial steel
products.
??? is an industry leader in
terms of production costs and
margin. MMK Group had revenue
in 2019 of USD 7,566 mln and
EBITDA of USD 1,797 mln. MMK's
debt load is the lowest for
the industry. Net debt/EBITDA
ratio was -0.13? at the end of
2019. The Group's
investment-grade rating is
confirmed by the leading
global rating agencies Fitch,
Moody's, S&P.
MMK's ordinary shares are
traded on Moscow Exchange,
while its depositary receipts
are traded on the London Stock
Exchange. Free float amounts
to 15.7%.
KEY UPCOMING EVENTS IN 2020
INVESTOR
RELATIONS
DEPARTMENT
FINANCIAL CALENDAR [3]
Veronika
Kryachko
+7 915 380 6266 4 December Wood & Co EMEA virtual conference
kryachko.vs@mmk. 8 December MMK online. Fireside chat with the
ru leadership team.
ESG DEPARTMENT
Yaroslava Vrubel
+7 982 282 9682
vrubel.ys@mmk.ru
COMMUNICATIONS
DEPARTMENT
Dmitry Kuchumov
+7 985 219 2874
kuchumov.do@mmk.
ru
Oleg Egorov
+7 903 971 8837
egorov.oa@mmk.ru
ISIN: US5591892048
Category Code: MSCM
TIDM: MMK
LEI Code: 253400XSJ4C01YMCXG44
Sequence No.: 89074
EQS News ID: 1152894
End of Announcement EQS News Service
1: https://eqs-cockpit.com/cgi-bin/fncls.ssp?fn=redirect&url=1d33d7c41c4ce421a67216db4af5281a&application_id=1152894&site_id=vwd&application_name=news
2: https://eqs-cockpit.com/cgi-bin/fncls.ssp?fn=redirect&url=018e8dda52d5b81f4b4093f7460d9f36&application_id=1152894&site_id=vwd&application_name=news
3: https://eqs-cockpit.com/cgi-bin/fncls.ssp?fn=redirect&url=f19ee4d8455febdae47734f3baadfb59&application_id=1152894&site_id=vwd&application_name=news(END) Dow Jones Newswires
December 04, 2020 07:09 ET (12:09 GMT)
