As previously reported, on 19 December 2022 Deutsche Bank Trust
Company Americas announced the termination of the Regulation S and
Rule 144A Deposit Agreements in respect of the Global Depositary
Shares (ISIN numbers: US67011E1055 and US67011E2046) (the “GDSs”)
representing ordinary shares of NLMK, dated 24 March 2005 (as
amended) (together, the “Deposit Agreements”) on 18 January 2023
(the “Termination Date”).
NLMK believes that, starting from the Termination
Date, the GDSs will no longer be suitable for listing on London Stock
Exchange and their listing will need to be cancelled. NLMK has
notified the Financial Conduct Authority and London Stock Exchange
accordingly and expects that the listing of the GDSs will be
cancelled with effect from the Termination Date.
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 information about NLMK Group, please
visit our website.