17th Nov 2008 07:30
RNS Number : 2608I
OAO Severstal
17 November 2008
Severstal board of directors resolutions
Severstal's Board of Directors, held on 13-14 November 2008, recommended a dividend of 7.17 rubles per share and per global depositary receipt ("GDR") for the third quarter 2008 with the record date of 14 November 2008. Each GDR represents one share in the Company.
Approval of the dividend payment is expected at the company's EGM on 26 December 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