MOEX

PAO Severstal: Clarification regarding the coupon payment for the Eurobond 2024

Retrieved on: 
Wednesday, March 16, 2022

Dissemination of a Regulatory Announcement that contains inside information according to REGULATION (EU) No 596/2014 (MAR), transmitted by EQS Group.

Key Points: 
  • 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.
  • PAO Severstal (MOEX: CHMF; LSE: SVST) (the 'Company') informs that the regular coupon payment in the amount of US$12,600,000 under its US$800,000,000 3.15 % Loan Participation Notes due 2024 (the 'Notes') issued by Steel Capital S.A. (Luxembourg) (the 'Issuer') is due on 16 March 2022.
  • At the moment we certify that there are no obstacles from Russian law side for the Company to make the payment under the Loan in order for the Issuer to discharge the coupon payment under the Notes.

EQS-News: Tigran Khudaverdyan steps down from his roles as Executive Director and Deputy CEO at Yandex N.V.

Retrieved on: 
Tuesday, March 15, 2022

Tigran Khudaverdyan steps down from his roles as Executive Director and Deputy CEO at Yandex N.V.

Key Points: 
  • Tigran Khudaverdyan steps down from his roles as Executive Director and Deputy CEO at Yandex N.V.
  • Tigran Khudaverdyan steps down from his roles as Executive Director and Deputy CEO at Yandex N.V.
    Moscow, Amsterdam, March 15, 2022 - Yandex N.V., a Netherlands-registered company and one of Europe's largest internet businesses as well as the leading search and ride-hailing provider in Russia, today announces that Tigran Khudaverdyan has stepped down with immediate effect from his positions as Executive Director and Deputy Chief Executive Officer of Yandex N.V. and at its Dutch subsidiaries.
  • Elena Bunina will continue to serve as General Director of our principal operating subsidiary, Yandex LLC, until April 15.
  • "We were shocked and surprised to learn that Tigran was designated under EU sanctions, and we are extremely sorry to see him step down from his Executive Director and Deputy CEO roles," said John Boynton, Chairman of the Yandex N.V. Board.

PJSC Magnitogorsk Iron and Steel Works: MMK notifies that Moody's has downgraded MMK's credit rating

Retrieved on: 
Tuesday, March 15, 2022

PJSC Magnitogorsk Iron and Steel Works: MMK notifies that Moody's has downgraded MMK's credit rating

Key Points: 
  • PJSC Magnitogorsk Iron and Steel Works: MMK notifies that Moody's has downgraded MMK's credit rating
    Dissemination of a Regulatory Announcement, transmitted by EQS Group.
  • PJSC Magnitogorsk Iron & Steel Works ("MMK", or "the Group") (MOEX: MAGN; LSE: MMK) notifies that Moody's has downgraded MMK's credit rating to 'Caa2' from 'Baa2' with the negative outlook.
  • In 2021, MMK produced 13.6 mln tonnes of crude steel and sold 12.5 mln tonnes of commercial steel products.
  • Subscribe to our official MMK channel in Telegram , to be the first to know about key MMK news.

PJSC Magnitogorsk Iron and Steel Works: MMK notifies that Fitch Ratings has downgraded MMK's credit rating

Retrieved on: 
Tuesday, March 15, 2022

PJSC Magnitogorsk Iron and Steel Works: MMK notifies that Fitch Ratings has downgraded MMK's credit rating

Key Points: 
  • PJSC Magnitogorsk Iron and Steel Works: MMK notifies that Fitch Ratings has downgraded MMK's credit rating
    Dissemination of a Regulatory Announcement, transmitted by EQS Group.
  • PJSC Magnitogorsk Iron & Steel Works ("MMK", or "the Group") (MOEX: MAGN; LSE: MMK) notifies that Fitch Ratings has downgraded MMK's long-term foreign currency and local currency issuer default ratings to '' from 'B'/Rating Watch Negative.
  • In 2021, MMK produced 13.6 mln tonnes of crude steel and sold 12.5 mln tonnes of commercial steel products.
  • Subscribe to our official MMK channel in Telegram , to be the first to know about key MMK news.

VK Company: Comment on trading halt in VK GDRs on London Stock Exchange

Retrieved on: 
Tuesday, March 15, 2022

Dissemination of a Regulatory Announcement that contains inside information according to REGULATION (EU) No 596/2014 (MAR), transmitted by EQS Group.

Key Points: 
  • Dissemination of a Regulatory Announcement that contains inside information according to REGULATION (EU) No 596/2014 (MAR), transmitted by EQS Group.
  • On March 3, 2022, trading of the VK's GDRs on the London Stock Exchange ("LSE") was suspended by the exchange.
  • It is currently unknown when trading in the GDRs will resume.
  • The Company estimated that it had cash and cash equivalents of approximately USD 190mn as of March 9, 2021.

PAO Severstal: Fitch Ratings downgraded Severstal's credit rating

Retrieved on: 
Monday, March 14, 2022

Dissemination of a Regulatory Announcement, transmitted by EQS Group.

Key Points: 
  • Dissemination of a Regulatory Announcement, transmitted by EQS Group.
  • The issuer is solely responsible for the content of this announcement.
  • PAO Severstal (MOEX: CHMF; LSE: SVST) notifies that Fitch Ratings has downgraded Severstal's long-term foreign currency and local currency Issuer default ratings to 'CC' from 'B'/RWN.

Cian Announces Changes to Its Board of Directors and Committees

Retrieved on: 
Friday, March 11, 2022

Cian PLC (NYSE: CIAN, MOEX: CIAN) (Cian or the Company), a leading online real estate classifieds platform in Russia, today announced that Ms. Cloe Harford has tendered her resignation as a member of the board of directors of the Company (the Board), effective as of 4:02 p.m. Eastern time on March 8, 2022 (the Effective Time).

Key Points: 
  • Cian PLC (NYSE: CIAN, MOEX: CIAN) (Cian or the Company), a leading online real estate classifieds platform in Russia, today announced that Ms. Cloe Harford has tendered her resignation as a member of the board of directors of the Company (the Board), effective as of 4:02 p.m. Eastern time on March 8, 2022 (the Effective Time).
  • On March 10, 2022, upon recommendation of the Compensation, Governance and Nominating Committee, the Board appointed Gilles Blanchard to the Audit Committee, with effect immediately following the Effective Time.
  • The Board has also determined that, based on his education and experience, Mr. Blanchard is financially literate in accordance with the requirements of the NYSE.
  • Following Mr. Blanchards appointment, the Audit Committee consists of Douglas Gardner, Simon Baker and Gilles Blanchard, with Mr. Gardner serving as Chairperson.

PAO Severstal: Moody's downgraded Severstal's credit rating

Retrieved on: 
Friday, March 11, 2022

Dissemination of a Regulatory Announcement, transmitted by EQS Group.

Key Points: 
  • Dissemination of a Regulatory Announcement, transmitted by EQS Group.
  • The issuer is solely responsible for the content of this announcement.
  • PAO Severstal (MOEX: CHMF; LSE: SVST) notifies that Moody's has downgraded Severstal's long-term Corporate rating to 'Caa2, outlook: Negative' from 'Baa2, outlook: Stable'.
  • Rating action follow the sovereign rating action on the Government of Russia which took place on 6 March 2022, where Moody's downgraded the Government of Russia's rating to Ca from B3.

HMS Group: Board Change

Retrieved on: 
Thursday, March 10, 2022

The issuer is solely responsible for the content of this announcement.

Key Points: 
  • The issuer is solely responsible for the content of this announcement.
  • (the "Company", and together with its subsidiaries, the "HMS Group")
    HMS Group (LSE, MOEX: HMSG) announces today that HMS Independent Non-Executive Director Giorgio Veronesi has resigned from the Board of Directors of the Company effective March 8, 2022.
  • HMS Group's products are mission-critical elements of projects across a diverse range of industries.
  • HMS Group is listed on the London Stock Exchange and the Moscow Exchange in the form of global depositary receipts (LSE, MOEX: HMSG).

S&P Global Ratings downgraded Magnit's credit rating to 'CCC-' level after similar action on sovereign

Retrieved on: 
Wednesday, March 9, 2022

As of December 31, 2021, Magnit operated 45 distribution centers and 26,077 stores in 3,898 cities and towns throughout 7 federal regions of the Russian Federation.

Key Points: 
  • As of December 31, 2021, Magnit operated 45 distribution centers and 26,077 stores in 3,898 cities and towns throughout 7 federal regions of the Russian Federation.
  • In accordance with the audited IFRS 16 results for FY 2021, Magnit had revenues of RUB 1,856.1 billion and an EBITDA of RUB 214.2 billion.
  • Magnit's local shares are traded on the Moscow Exchange (MOEX: MGNT) and its GDRs on the London Stock Exchange (LSE: MGNT).
  • Magnit does not undertake any obligation to update or revise any forward-looking statement to reflect any change in circumstances.