EVRAZ
- Evraz annual railway shipments equal 45 million tonnes of raw materials and steel products.
- People can breathe easier because Stratcor vanadium chemicals help oil refiners remove sulfur-bearing pollutants from gasoline.
- Oregon Steel Portland was recently recognized as one of the safest industrial workplaces in America.
The Company’s subscribed share capital is fixed at two hundred and ninety one million nine hundred and fourteen thousand two hundred and forty two euros (€291,914,242) represented by one hundred and forty five million nine hundred and fifty seven thousand one hundred and twenty one (145,957,121) ordinary shares with a nominal value of two euros (ˆ2) each.
All shares have the same rights and are equal. The Company, as of 31 December 2009, does not have any other class of shares, either authorised or outstanding, nor are any of the Company’s shares party to any cross shareholding arrangements. The Company held no Treasury shares as of 31 December 2009.
Global Depositary Receipts (GDRs), valued on the basis of one GDR equating to one third of one ordinary share, are listed on the London Stock Exchange. GDRs, as of 31 December 2009, represented 28.76% of the Company’s issued share capital.
In 2009, the Company issued convertible bonds. Evraz’s controlling shareholder Lanebrook (together with an affiliate) subscribed for US$200 million of convertible bonds. The remaining bonds were acquired by more than 100 international investors. The bonds can be converted into the Company’s global depositary receipts (GDRs) at the option of bondholders with effect from 11 September 2009 till 6 July 2014.
In 2005-2009, the Company had incentive plans (the Evraz Stock Option Plans) under which certain members of the Board of Directors, senior executives and employees could acquire shares in Evraz Group S.A. At present there are no valid stock option plans in the Company.
Shareholder structure
Shareholder % of shares (as of December 31, 2009) 1.15% * The Bank of New York Mellon serves as Depositary for the Company's GDR programme ** 1 share is represented by 3 GDRs Major Shareholders (as of June 30, 2010) Lanebrook Limited has informed the Company that Lanebrook is controlled by Greenleas International Holdings Limited and Crosland Global Limited. Mr Alexander Abramov, Evraz's Chairman of the Board of Directors, has a beneficial interest in 66.7% of Crosland Global Limited (which represents a 24.15% beneficial interest in the Company) and Mr Alexander Frolov, Evraz's Chief Executive Officer and member of the Board of Directors, has a beneficial interest in 33.3% of Crosland Global Limited (which represents a 12.05% beneficial interest in the Company). Crosland Global Limited has a beneficial interest in 50% of Lanebrook (which represents a 36.20% beneficial interest in the Company). Mr Shvidler, a non-executive director, has a beneficial interest in approximately 3.43 % of the outstanding shares of Evraz through an indirect interest in Lanebrook. None of the Company's current shareholders has voting rights which differ from those of any other holders of the Company's shares. Note:
Lanebrook Limited 71.24% BNY (Nominees) Limited*, 28.76%** including shares owned by Lanebrook
Limited in the form of GDRs
TOTAL (145,957,121 shares) 100%
Changes to Evraz Group's issued share capital
| Date | Issued, shares | Total number of shares | Notes |
| December 31, 2005 | 116 904 326 | ||
| 595 280 | 117 499 606 | Employee stock option plan | |
| December 31, 2006 | 117 499 606 | ||
| 810 047 | 118 309 653 | Employee stock option plan | |
| December 31, 2007 | 118 309 653 | ||
| September 9, 2008 | 4 195 150 | 122 504 803 | Acquisition of Ukrainian assets |
| December 31, 2008 | 122 504 803 | ||
| February 2009 | 9 755 347 | 132 260 150 | Partial scrip (2008 interim) dividend |
| July 2009 | 6 363 638 | 138 623 788 | Equity offering (incl. over-allotment) |
| August 12, 2009 | 7 333 333 | 145 957 121 | In favour of Lanebrook (under equity and convertible bond offerings) |
| December 31, 2009 | 145 957 121 |
Directors’ Interests
Mr Alexander Abramov, Chairman of Evraz Group, has a 24.15% beneficial interest in the Company and Mr Alexander Frolov, Chief Executive of Evraz Group, has a 12.05% beneficial interest in the Company. Mr Shvidler, a non-executive director, has a beneficial interest in approximately 3.43% of the Company’s outstanding shares.
Share Ownership by Senior Management
As of 1 April 2010, the following senior managers had beneficial interests in Evraz stock held as GDRs*:
| Name | Total holding, GDRs |
| Leonid Kachur |
915,450 |
| Pavel Tatyanin |
89,475 |
| Timur Yanbukhtin |
42,300 |
* Including GDRs awarded under the Company’s stock option plans


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- 02.09.2010 | File
- 1H 2010 Conference Call
Download (MP3 | 14.84Mb)
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- 02.09.2010 | File
- 1H 2010 Press Release
Download (PDF | 96Kb)
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- 02.09.2010 | News
- Evraz Announces Interim Results for 1H 2010
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- 26.08.2010 | News
- Notice of 1H10 Results and Conference Call Details

