EVRAZ Considering IPO of EVRAZ North America

RNS Number : 1076S

Evraz Plc

19 September 2014

 



EVRAZ Considering Registered Initial Public Offering of EVRAZ North America

LONDON, 19 September 2014- In response to certain market rumours, EVRAZ plc ("EVRAZ"), announces that it is currently considering a registered initial public offering of ordinary shares of its North American subsidiary, EVRAZ North America (the "Company").

Any offering would commence after the SEC completes its review process, which would be initiated by the filing of a registration statement.  The Company has not filed a registration statement but may do so in the foreseeable future.  As previously announced, EVRAZ remains committed to its North American operations and continuing to grow its business in North America. 

This announcement is being made pursuant to and in accordance with Rule 135 under the Securities Act of 1933. This press release does not constitute an offer to sell or the solicitation of an offer to buy securities, and shall not constitute an offer, solicitation or sale in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of that jurisdiction.

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For further information:

Media Relations:

Vsevolod Sementsov

VP, Corporate Communications

London: [phone] Moscow: [phone]

[e-mail]

Investor Relations:

London: [phone] Moscow: [phone]

[e-mail]

Forward-Looking Statements

The information in this release contains forward-looking information that involves substantial risks and uncertainties regarding a potential initial public offering by EVRAZ North America. Such risks and uncertainties include, among other things, the possibility that the initial public offering will not be completed within a particular time frame or at a particular offering amount, or at all, including as a result of regulatory, market or other factors. EVRAZ North America assumes no obligation to update forward-looking statements contained in this release as the result of new information, future events or developments.

 

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