15th Apr 2021 16:35
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 | | а) | 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 | | а) | 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 | 15 April 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 [email protected] Public Relations Anastasia Mishanina T: +7 (495) 926-77-66 [email protected] *** PАО Severstal is one of the world's leading vertically integrated 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
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| ISIN: | US8181503025 |
| Category Code: | MSCL |
| TIDM: | SVST |
| LEI Code: | 213800OKDPTV6K4ONO53 |
| Sequence No.: | 99439 |
| EQS News ID: | 1185419 |
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| End of Announcement | EQS News Service |
UK Regulatory announcement transmitted by DGAP - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement.
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