Evraz

Evraz (UK): Stock distribution of Raspadskaya (Russia)

Informative Notice - Update

Further to the notices: 'Evraz (UK): Stock distribution of Raspadskaya (Russia)' issued on 03 February 2022 and the 'Treatment of Russia in FTSE Russell Equity Indices' announcement on 02 March 2022.

FTSE Russell announces that the price adjustment consequent to the divestment of Raspadskaya (Russia, B5800Q2, GEIS Mid Cap) by Evraz (UK, B71N6K8, FTSE 100 Index, GEIS Mid Cap) which was implemented to the FTSE Russell indices at the open on 14 February 2022 will be reversed, effective at the open on Monday 07 March 2022, in order to assign a value of zero to the distribution in light of the circumstances detailed in the 02 March 2022 notice referenced above.

Accordingly, the open price of Evraz will be adjusted to include the previously calculated distribution value of GBP 1.8875197296, with it subsequently reverting to its market price immediately after the open.

For the avoidance of doubt, no further adjustments will be implemented, regardless of any restrictions being lifted at a later date.