PAO Severstal: Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them
April 15, 2021 at 11:36 am EDT
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PAO Severstal (SVST)
PAO Severstal: Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them
15-Apr-2021 / 18:35 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.
Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them
15 April 2021
1
Details of the person discharging managerial responsibilities/person closely associated
?)
Name
Abigrove Limited
2
Reason for the notification
a)
Position/status
A person closely associated with PDMR (Alexey Mordashov, member of the Board of Directors)
b)
Initial notification/ Amendment
Initial notification
3
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name
Public Joint Stock Company "Severstal"
b)
Legal Entity Identifier code
213800OKDPTV6K4ONO53
4.1
Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)
Description of the financial instrument, type of instrument
Global Depository Receipt (GDR)
Identification code
US8181503025
b)
Nature of the transaction
Conversion of U.S.$250,000,000 Zero Coupon Convertible bonds due 2022 (ISIN: XS1566998297)
c)
Price(s) and volume(s)
Price(s)
Volume(s)
Not Applicable
90,000
d)
Aggregated information
- Aggregated volume
- Price
90,000
Not Applicable
e)
Date of the transaction
15 April 2021
f)
Place of the transaction
Outside of Trading Venue
1
Details of the person discharging managerial responsibilities/person closely associated
?)
Name
Melsonda Holdings Limited
2
Reason for the notification
a)
Position/status
A person closely associated with PDMR (Alexey Mordashov, member of the Board of Directors)
b)
Initial notification/ Amendment
Initial notification
3
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name
Public Joint Stock Company "Severstal"
b)
Legal Entity Identifier code
213800OKDPTV6K4ONO53
4
Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)
Description of the financial instrument, type of instrument
Global Depository Receipt (GDR)
Identification code
US8181503025
b)
Nature of the transaction
Sale of GDRs
c)
Price(s) and volume(s)
Price(s)
Volume(s)
US$21.2 per GDR
1'847'030
d)
Aggregated information
- Aggregated volume
- Price
1'847'030
US$39,157,036
e)
Date of the transaction
15April 2021
f)
Place of the transaction
Outside of Trading Venue
For further information, please contact:
Investor Relations
Vladimir Zaluzhsky
T: +7 (495) 926-77-66
vladimir.zaluzhsky@severstal.com
Public Relations
Anastasia Mishanina
T: +7 (495) 926-77-66
anastasia.mishanina@severstal.com
***
P?? Severstalis one of the world's leading verticallyintegrated 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 $6,870 million and EBITDA of $2,422 million in 2020. Severstal's crude steel production in 2020 reached 11.3 million tonnes.www.severstal.com
PAO Severstal is one of the world's leading steelmaking groups. Net sales (including intragroup) break down by family of products as follows:
- steel products (76.1%): I-beams, straps, coils of hot- and cold-rolled steels, concrete rebar, public transportation rails, coated plates, pipes, etc.;
- minerals and precious metals (23.9%): primarily iron ore, coal, coke, and gold.
Net sales break down geographically as follows: Russia (52.6%), CIS (4.9%), Europe (34.2%), North America (3%), Middle East (2.8%), Latin America (1.4%), Asia (0.6%) and Africa (0.5%).
PAO Severstal: Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them