Brief: Evraz Says Co Not To Proceed With Demerger Of Its Coal Assets

Evraz

01/04/2022 11:35

April 1 (Reuters) - EVRAZ plc  EVRE.L :
    * EVRAZ PLC  - DEMERGER UPDATE – PROJECT CANCELATION
    * EVRAZ - DECISION HAS BEEN TAKEN NOT TO PROCEED WITH
DEMERGER.
    * EVRAZ: EXECUTION OF TRANSACTION BECAME TECHNICALLY
IMPOSSIBLE
AND DECISION HAS BEEN TAKEN NOT TO PROCEED WITH DEMERGER
    * EVRAZ - EVRAZ SHAREHOLDERS REGISTERED ON EVRAZ SHARE
REGISTER AT
DEMERGER RECORD TIME WILL NOT RECEIVE THEIR RASP SHARES
    * EVRAZ - RASP GROUP WILL NOT SEPARATE FROM EVRAZ GROUP AND
WILL
CONTINUE TO FORM A PART OF EVRAZ GROUP.
    * EVRAZ: RASP GROUP WILL NOT SEPARATE FROM EVRAZ GROUP AND
WILL
CONTINUE TO FORM A PART OF EVRAZ GROUP.
    * EVRAZ: COMPANY'S SHARES WILL ALSO REPRESENT AN INTEREST IN
RASP
GROUP SUBJECT TO COMPANY'S LISTING OF SHARES BEING RESTORED
    * EVRAZ -  AS LONG AS RASP GROUP REMAINS A PART OF EVRAZ
GROUP,
COMPANY'S SHARES WILL ALSO REPRESENT AN INTEREST IN RASP GROUP

Source text for Eikon:  ID:nRSA9654Ga 
Further company coverage:  EVRE.L 

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