28th Aug 2008 15:29
RNS Number : 2380C
OAO Severstal
28 August 2008
Severstal board of directors resolutions
Severstal's Board of Directors, held on 27-28 August 2008, recommended a dividend of 18.35 rubles per share and per global depositary receipt ("GDR") for the second quarter 2008 with the record date of 20 August 2008. Each GDR represents one share in the Company.
Approval of the dividend payment is expected at the company's EGM on 30 September 2008.
Enquiries:
Severstal
Dmitry Druzhinin, Investor Relations
Olga Antonova, Public Relations
+7 495 540 7766
This information is provided by RNS
The company news service from the London Stock Exchange
Related Shares:
SVST.L