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On 09 December 2021, EVRAZ plc provided an update regarding the potential demerger of its coal assets. EVRAZ noted an announcement from PJSC Raspadskaya that certain documents relating to the potential demerger had been approved. EVRAZ stated that these agreements will not become effective until they are also approved and executed by EVRAZ.
| Date | 9 Dec 2021 |
| Time | 16:22:55 |
| Category | Corporate updates |
| ID | 1848V |
EVRAZ plc ("EVRAZ" or the "Company") - Update on the potential demerger of coal assets (the "Potential Demerger")
EVRAZ notes the announcement from PJSC Raspadskaya ("Raspadskaya") that certain documents relating to the Potential Demerger have been approved: https://e-disclosure.ru/portal/event.aspx?EventId=h1s-AKZzTA0aSaPRF6i-Cmgw-B-B.
EVRAZ notes that such agreements will not become effective until they are also approved and executed by EVRAZ. There can be no assurance that the Potential Demerger will be undertaken and the Board of EVRAZ will keep shareholders updated through further announcements as appropriate.
For further information:
Investor Relations
+7 495 232 1370
+44-207-290-1095
ir@evraz.com