Additional Listing

RNS Number : 5927Y

Evraz Plc

27 January 2014

 



EVRAZ plc

Additional Listing of Ordinary Shares

27 January 2014 - Application has been made to the London Stock Exchange and the UK Listing Authority of the FCA for the listing of 33,944,928 ordinary shares of US$1 each fully paid, ranking pari passu with the existing issued ordinary shares, in connection with an exercise by Lanebrook Limited ("Lanebrook"), EVRAZ's major shareholder, of 33,944,928 warrants to subscribe for new ordinary shares in EVRAZ plc. The warrants were originally issued by EVRAZ to the vendor shareholders from whom it acquired a further 50% stake in Corber Enterprises on 16 January 2013. The vendor shareholders subsequently entered an agreement with Lanebrook pursuant to which warrants were exchanged for ordinary shares in EVRAZ.

The shares are expected to be admitted to The Official List and to trading on The London Stock Exchange on 28 Januray 2014.

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For further information:

Media Relations:

Vsevolod Sementsov

VP, Corporate Communications

London: [phone]          Moscow: [phone]

[e-mail]

Investor Relations:

Sergey Belyakov

Director, Investor Relations

London: [phone]          Moscow: [phone]

[e-mail]

EVRAZ is a vertically integrated steel, mining and vanadium business with operations in the Russian Federation, Ukraine, Kazakhstan, USA, Canada, Czech Republic, Italy and South Africa. EVRAZ is among the top steel producers in the world.  In 2013 EVRAZ produced 16.1 million tonnes of crude steel and 14.7 million tonnes of steel products. A significant portion of the company's internal consumption of iron ore and coking coal is covered by its mining operations. The company's consolidated revenues for the year ended 31 December 2012 were US$14,726 million, and consolidated EBITDA amounted to US$2,012 million. The H1 2013 consolidated revenue was US$7,362 million and the H1 2013 EBITDA was US$939 million.

 

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