Brief: Globaltrans Re-Confirms Targeted 2020 Final Dividends

Globaltrans Investment

29/12/2020 07:26

Dec 29 (Reuters) - Globaltrans Investment PLC  GLTRq.L 
says:
    * MARKET AND BUSINESS UPDATE
    * RE-CONFIRMS ITS TARGETED 2020 FINAL DIVIDENDS
    * MMK AND METALLOINVEST CONTRACTS EXTENDED, ONE-YEAR
CONTRACT
SIGNED WITH EVRAZ
    * TOTAL CAPEX IN FIRST ELEVEN MONTHS OF 2020 WAS LIMITED,
CONSISTING PRIMARILY OF MAINTENANCE CAPEX
    * EXPECTS ITS TOTAL CAPEX (INCLUDING MAINTENANCE) TO REMAIN
LOW IN
2021 IN RANGE OF RUB 6-7 BILLION.
    * GROUP CURRENTLY ENVISAGES PRACTICALLY NO EXPANSION CAPEX
IN 2021
    * RE-AFFIRMS ITS INTENTION TO PAY ABOUT RUB 5 BILLION IN
TOTAL
FINAL DIVIDENDS IN RESPECT OF SECOND HALF OF 2020

Source text for Eikon:  urn:newsml:reuters.com:*:nRSc9039Ja
Further company coverage:  GLTRq.L 

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