At the Annual General Shareholders’ Meeting (AGM) held on 8 June 2018 in Lipetsk, NLMK shareholders approved the payment of FY2017 dividends of 14.04 rubles per share (considering the previously paid interim dividends, the amount outstanding to be paid for Q4 2017 is 3.36 rubles per share). Shareholders also approved the payment of dividends for Q1 2018 in the amount of 5.73 rubles per share.
At the Annual General Shareholders’ Meeting (AGM) held on 8 June 2018 in Lipetsk, NLMK shareholders voted to confirm Grigory Fedorishin as the Group’s President and Chief Executive Officer; and to elect a new Board of Directors, with a majority of independent directors (five seats out of nine).
NLMK Group, a global steel company, opens access to an e-commerce website for SMEs. A hi-tech online marketplace is now available at https://nlmk.shop/.
NLMK Group (MICEX and LSE: NLMK) is pleased to announce an EBITDA growth of 3% qoq to a record $812 m. Q1 2018 free cash flow increased 3-fold qoq to $599 m, driven by strong performance.
The Minister of Economy and Industry Pierre Yves-Jeholet was visiting NLMK in La Louvière Friday, February 23 in the company of SOGEPA, 49% shareholder of NLMK Belgium Holdings (NBH).
Shareholders of NLMK Group at its Extraordinary General Meeting held on 12 March 2018 voted to elect Mr. Grigory Fedorishin as the Group’s President and Chief Executive Officer (Chairman of the Management Board) for the period until 8 June 2018.