On August 18, 2022, NLMK sent a notification to the depository of Raiffeisenbank JSC, where the depository program account was opened, about the need to take actions aimed at obtaining the appropriate number of shares by holders of depositary receipts (automatic conversion). This is stated in the company's message.
NLMK Group is a vertically integrated metallurgical company, the largest in Russia and one of the most efficient steel producers in the world. NLMK Group's metal products are used in various industries, from construction and mechanical engineering to power equipment and offshore wind turbines. NLMK's production assets are located in Russia, Europe and the USA. The company's steel production capacity exceeds 18 million tons per year.
NLMK's ordinary shares, with a free float of 20.7%, are traded on the Moscow Stock Exchange (ticker NLMK), global depositary shares are traded on the London Stock Exchange (ticker NLMK:LI). The company's share capital is divided into 5,993,227,240 ordinary shares with a par value of 1 Russian ruble.
