Issue of Ordinary Shares

RNS Number : 6678X

Evraz Plc

17 February 2012

 



Issue of Ordinary Shares

17 February 2012 - EVRAZ plc (LSE: EVR) (the "Company") announces that it has issued 869,469 new ordinary shares (the "New Shares") to Mastercroft Finance Limited, a trustee of the EVRAZ plc Employee Share Trust, in consideration for 96,607 and two-thirds registered ordinary shares in Evraz Group S.A, which is now wholly-owned by the Company.

Application has been made for the New Shares to be admitted to the Official List of the UK Listing Authority and to trading on the London Stock Exchange ("LSE"). It is expected that admission to the Official List of the UK Listing Authority will become effective and unconditional dealings in the New Shares will commence on the LSE at 8 a.m. (London time) on Monday 20 February.

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For further information:

Investor Relations:
Alexander Boreyko
Director, Investor Relations
London: [phone]          Moscow: [phone]

[e-mail]

Media Relations:
Oleg Kuzmin
VP, Corporate Communications
London: [phone]          Moscow: [phone]
[e-mail]

EVRAZ is a vertically integrated steel, mining and vanadium business with operations in the Russian Federation, Ukraine, USA, Canada, Czech Republic, Italy and South Africa. EVRAZ was ranked the 15th largest steel producer in the world based on crude steel production of 16.3 million tonnes in 2010. In 2011 EVRAZ produced 16.8 million tonnes of crude steel. A significant portion of the Group's internal consumption of iron ore and coking coal is covered by its mining operations. The Group's consolidated revenues for the year ended 31 December 2010 were US$13,394 million and consolidated adjusted EBITDA amounted to US$2,350 million. EVRAZ plc holds 100% of Evraz Group S.A.

 

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