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EVRAZ plc (EVR)
EVRAZ plc: Response to press speculations
21-Jul-2022 / 20:15 MSK
Dissemination of a Regulatory Announcement that contains inside
information according to REGULATION (EU) No 596/2014 (MAR), transmitted by
EQS Group.
The issuer is solely responsible for the content of this announcement.
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Response to press speculations
21 July 2022 – EVRAZ plc (“EVRAZ” or the “Company”) notes recent press
speculations regarding supply of materials for Russian military.
EVRAZ denies the speculations that the Company is or has been supplying
products to the Russian military which may have been used for the military
purposes. EVRAZ in Russia supplies products to infrastructure and
construction sectors for civilian use only.
EVRAZ implemented sanctions compliance system in 2014 which screens every
customer and identifies red flags. To eliminate sanctions, economic and
reputational risks the Company verifies the end-users of products and
secures their civil use by special clauses in contracts. The Company is
not aware of its products being used for military purposes.
Suggestions about potential use of EVRAZ’s steel, vanadium and other
products for military purposes indicate not only the misunderstanding of
steel industry’s base principles, but the lack of knowledge about EVRAZ’s
product range as well.
Due to its public status, EVRAZ’s product portfolio is very transparent
and is regularly audited by independent audit companies. The whole and
exhaustive product catalog is indicated in details in the latest EVRAZ
Annual Reports on the link
1 https://www.evraz.com/en/investors/reports-and-results/annual-reports/
.
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For further information:
Investor Relations:
+7 495 232 1370
+44 207 290 1095
2 ir@evraz.com
Media Relations:
+7 495 937 6871
+44 207 290 1096
3 media@evraz.com
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ISIN: GB00B71N6K86
Category Code: MSCM
TIDM: EVR
LEI Code: 5493005B7DAN39RXLK23
Sequence No.: 176428
EQS News ID: 1403515
End of Announcement EQS News Service
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4 fncls.ssp?fn=show_t_gif&application_id=1403515&application_name=news&site_id=reuters9
References
Visible links
1. https://eqs-cockpit.com/cgi-bin/fncls.ssp?fn=redirect&url=9de24ff14e09179a8917f68559eba294&application_id=1403515&site_id=reuters9&application_name=news
2. mailto:ir@evraz.com
3. mailto:media@evraz.com
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