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  • EVRAZ PLC enters into agreement to dispose of EVRAZ Sukha Balka


    26 May 2017 - EVRAZ plc (LSE: EVR) ("EVRAZ" or the "Company") announces today that its fully owned subsidiary Evraz Group S.A. signed an agreement to dispose of the entire issued share capital of Kadish Limited (a holding company of EVRAZ Sukha Balka (“ESB”)) to BERKLEMOND INVESTMENTS LTD (a company of the DCH Group) for US$110 million of gross consideration, adjustable for the actual level of ESB’s working capital and debt (“Transaction”). The Consideration will be payable in several instalments: an initial US$25 million payable within two business days after signing of sales and purchase agreement, with the rest to be paid by 31 December 2017. 

  • Results of the General Meeting of independent shareholders. Disposal of Joint Stock Company EVRAZ Nakhodka Trade Sea Port is approved

    EVRAZ plc announces that at the General Meeting of the independent shareholders of the Company held on Tuesday 23 May 2017 at 10.00 am (London time) at the offices of Clifford Chance LLP, 10 Upper Bank Street, London E14 5JJ the ordinary resolution set out in the circular relating to the recommended proposal for the Disposal of Joint Stock Company EVRAZ Nakhodha Trade Sea Port to Lanebrook Limited dated 3 May 2017, was proposed and passed by way of a poll. Completion of the transaction is expected to occur by 15 June 2017.

  • Publication and Posting of Shareholder Circular

    Further to the announcement made earlier today regarding the proposed disposal of Joint Stock Company EVRAZ Nakhodka Trade Sea Port (the “Nakhodka Port”) to Lanebrook Limited, EVRAZ plc (“Evraz”) announces that the shareholder circular (the “Circular”) relating to the disposal of the Nakhodka Port (the “Transaction”) has been approved by the UK Listing Authority. 

  • EVRAZ PLC enters into agreement to dispose of Joint Stock Company Evraz Nakhodka Trade Sea Port to Lanebrook Limited

    EVRAZ plc (“EVRAZ”, the “Company” and together with its subsidiaries, the "Group") announces today that it has signed an agreement to dispose of the entire issued share capital of its fully owned subsidiary Joint Stock Company EVRAZ Nakhodka Trade Sea Port (the “Nakhodka Port”) to its majority shareholder Lanebrook Limited (“Lanebrook”) for consideration of US$354.4 million (the “Transaction”). As part of the Transaction, the Company and Nakhodka Port have also entered into a transhipment agreement (the "Transhipment Agreement"), pursuant to which the Group has agreed to supply and Nakhodka Port has agreed to tranship cargoes of coal and metals in specified volumes and at specified tariffs for a period of five years.

  • EVRAZ PLC ANNOUNCES PARTIAL REDEMPTION OF THE 7.5% SENIOR SECURED NOTES DUE 2019 ISSUED BY EVRAZ INC. CANADA

    EVRAZ plc (the Company) announced today that its indirect subsidiary, EVRAZ Inc. NA Canada (the Issuer), gave the notice to redeem on May 26, 2017 (“Redemption Date) a portion of its 7.5% Senior Secured Notes due 2019 (the “Notes”) equal in aggregate principal amount to $345,000,000, pursuant to Section 3.07(b) of the Notes indenture. The redemption price will be equal to 103.750% of the principal amount of the Notes redeemed plus the accrued and unpaid interest up to, but excluding, the Redemption Date.


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