MMK Magnitogorsk Iron & Steel Works (GDR)

PJSC Magnitogorsk Iron and Steel Works: MMK updates information regarding termination of the depositary receipts programme

PJSC Magnitogorsk Iron and Steel Works (MMK)
PJSC Magnitogorsk Iron and Steel Works: MMK updates information regarding termination of the depositary receipts programme

03-Jun-2022 / 09:00 CET/CEST
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.

MMK updates information regarding termination of the depositary receipts programme

 

3 June 2022

Magnitogorsk, Russia

 

 

PJSC Magnitogorsk Iron & Steel Works ("MMK", or "the Group") (MOEX: MAGN; LSE: MMK) updates information regarding termination of its depositary receipts programme ("DR programme").

In response to the notification, submitted to the Financial Conduct Authority ("FCA") regarding the depositary receipts ("GDRs") listing cancellation on the London Stock Exchange Official List, MMK was instructed by FCA that the cancellation will become effective on 27 June 2022.

Given the information outlined above, MMK encourages the GDR holders to liaise with Citibank, N.A. directly in accordance with the relevant agreement with the Depositary and to discuss with Citibank, N.A. the possible options for exercising their rights, including the right to convert the GDRs into MMK ordinary shares.

Please follow the link below to find Citibank, N.A. contact details:

 

Investor Relations Department

Veronika Kryachko
+7 (915) 380-62-66

 

Communications Department

Dmitriy Kuchumov  
+7 (499) 238-26-13

 

 

 

 

ISIN: US5591892048
Category Code: MSCM
TIDM: MMK
LEI Code: 253400XSJ4C01YMCXG44
Sequence No.: 165920
EQS News ID: 1367843

 
End of Announcement EQS News Service

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EN
03/06/2022

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