In accordance with Paragraph 13 of Article 4 of Federal Law N 319 FZ
of 14 July 2022 ‘On Amendments to Certain Legislative Acts of the
Russian Federation’, on 18 August 2022 PAO ‘NLMK’ submitted a
notice to AO ‘Raiffeisenbank’, which services the depositary
account of the depositary programme, stating the circumstances that
necessitate the performance of actions that shall facilitate receipt
by the depositary receipt holders of the corresponding amount of
shares (automatic conversion).
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
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 details on NLMK Group, please visit our