Severstal - ao — AGM Information 2013

Apr 24, 2013

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RNS Number : 1510D

OAO Severstal

24 April 2013

OAO Severstal

Agenda for the Annual General Meeting ("AGM") and record date for potential Q1 2013 dividend payments

24.04.2013, Moscow. ОАОSeverstal ("Severstal") (LSE: SVST; MICEX-RTS: CHMF), one of the world's leading vertically integrated steel and steel-related mining companies, announces that its Board of Directors has approved the following agenda for the 2012 AGM to be held in Cherepovets, Russia on 13 June 2013:

- Re-election of the members of the Board of Directors of Severstal

- Re-election of the CEO of Severstal

- Approval of the annual report, annual accounting statements including income statement report for 2012

- Distribution of profits for the year ended 31 December 2012 and dividend payments for FY 2012

- Dividend payments for Q1 2013

- Re-election of the members of the Internal Audit Commission

- Approval of the auditor for Severstal

- Approval of a new edition of  the Charter of Severstal

- Approval of changes  of the Board of Directors' remuneration

- Approval of potential interested party transactions

Dividend amount for Q1 2013 will be considered by the Board in May 2013.

The record date for participation in the AGM, for dividend payments for the 12 months ended 31 December 2012 and for potential dividend payments for Q1 2013 is 26 April 2013 inclusive.

As announced on 28 February 2013, Severstal's AGM will be held from 12.00pm (MT) on 13 June 2013 (with registration from 11.00am) at 41 Metallurgists Palace, Stalevarov Street, Cherepovets, Vologda Region, Russia.

Enquiries: 

Severstal Investor Relations

Vladimir Zaluzhsky

T: +7 495 926 7766

Severstal Public Relations

Elena Kovaleva

T: +7 (495) 926-77-66

Hudson Sandler (Financial Communications Adviser)

Andrew Hayes / Maria Ignatova / Alex Brennan

T: +44 (0) 20 7796 4133 

ОАО Severstal is one of the world's leading vertically integrated steel and steel related mining companies, with assets in Russia, the USA, Ukraine, Latvia, Poland, Italy and Liberia. Severstal is listed on RTS and MICEX and the company's GDRs are traded on the LSE. Severstal reported revenue of $14,104 million and EBITDA of $2,119 million in 2012. Severstal's crude steel production in 2012 reached 15.1 million tonnes. www.severstal.com

This information is provided by RNS

The company news service from the London Stock Exchange

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