NLMK Board of Directors recommends dividends for Q4 2021
At a meeting held on 2 February 2022, NLMK Group's Board of Directors recommended NLMK shareholders to approve Q4'21 dividends in the amount of RUB 12.18 per share. Taking into account dividends accrued in Q1-Q3’21, 12M’21 dividends can total RUB 46.84 per share.
The date on which the persons entitled to dividends are determined will be recommended when the decision is made to convene the NLMK Group Annual General Meeting of Shareholders.
The Board of Directors also approved the composition of the Group’s Management Board with
7 members as follows:
Ben De Vos
Additionally, in line with best practices and with a view to reinforce a culture of succession,
the Board approved NLMK Group’s Board of Directors Succession Policy and Regulations on NLMK’s HR, Remunerations and Social Policy Committee (updated version).
About NLMK Group
NLMK Group is the largest steelmaker in Russia and one of the most efficient in the world.
NLMK Group’s steel products are used in various industries, from construction and machine building to the manufacturing of power-generation equipment and offshore wind turbines.
NLMK operates production facilities in Russia, Europe, and the United States. The Company’s steel production capacity exceeds 18 million tonnes per year.
NLMK’s ordinary shares with a 20.7% free-float are traded on the Moscow Stock Exchange (ticker "NLMK") and its global depositary shares are traded on the London Stock Exchange (ticker "NLMK:LI"). The share capital of the Company is divided into 5,993,227,240 shares with a par value of RUB1.
For more information about NLMK Group, please visit our website.
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