REG - Ferrexpo plc - Update Regarding Non-executive Director

FerrexpoAnnouncement

29/12/2022 07:00

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RNS Number : 1303L  Ferrexpo PLC  29 December 2022

 

 

29 December 2022
 
 

Ferrexpo plc

("Ferrexpo" or the "Company" or the "Group")

 

Update Regarding Non-executive Director

 

Ferrexpo plc (LSE: FXPO), a producer and exporter of high grade iron ore
pellets to the global steel industry, provides the following update regarding
Non-executive Director Kostyantin Zhevago. The Company is aware that Mr
Zhevago has been detained in France by the French authorities, and the Company
understand that this is in relation to matters unrelated to Ferrexpo. The
Board of Directors of Ferrexpo is seeking to clarify the situation and will
update the market as appropriate.

 

For further information, please contact:

 

 Ferrexpo:
 Rob Simmons      r.simmons@ferrexpo.ch (mailto:r.simmons@ferrexpo.ch)        +44 207 389 8305
 Tavistock:
 Jos Simson       ferrexpo@tavistock.co.uk (mailto:ferrexpo@tavistock.co.uk)  +44 207 920 3150

 Emily Moss                                                                   +44 7785 974 264

 Gareth Tredway

 

 
About Ferrexpo:
Ferrexpo is a Swiss headquartered iron ore company with assets in Ukraine and a premium listing on the London Stock Exchange in the FTSE 250 index (ticker FXPO). The Group produces high grade iron ore pellets, which are a premium product for the global steel industry and enable reduced carbon emissions and increased productivity for steelmakers when the Group's iron ore pellets are converted into steel, compared to more commonly traded forms of iron ore. Ferrexpo's operations have been supplying the global steel industry for over 50 years, and in 2021 the Group produced 11.2 million tonnes of iron ore pellets, placing Ferrexpo as the world's third largest exporter of pellets to the global steel industry with a market share of approximately 9%. The Group has a global customer base comprising of premium steel mills around the world, which includes steel mills in Austria, Germany, Japan, South Korea, Taiwan, China, Slovakia, the Czech Republic, Turkey, Vietnam and America. For further information, please visit
www.ferrexpo.com (http://www.ferrexpo.com)
.

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