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EVRAZ plc to be Included in FTSE 100 Index
12/13/2011 - EVRAZ plc announced that it has now been included in the FTSE 100 Index of the UK’s leading public companies, making it the only steel and mining company in the UK FTSE All-Share Index.
EVRAZ plc announced that it has now been included in the FTSE 100 Index of the UK’s leading public companies.
In joining the FTSE 100 Index, EVRAZ becomes the only steel and mining company in the UK FTSE All-Share Index. EVRAZ plc was admitted to trading on the Main Market of the London Stock Exchange on 7th November 2011.
“We are delighted to be included in the FTSE 100 Index, which, coupled with our recent admission to the Main Market of the London Stock Exchange, are marks of recognition by the capital markets of the strength and diversity of our assets, the quality of our management and the prospects of the business,” said Alexander Abramov, Chairman of EVRAZ. “FTSE 100 Index inclusion is particularly meaningful for us and represents another important step in the development of the Group continuing our ongoing commitment to high standards of corporate governance and to delivering outstanding returns for our shareholders.”
“We are delighted to be included in the FTSE 100 Index, which, coupled with our recent admission to the Main Market of the London Stock Exchange, are marks of recognition by the capital markets of the strength and diversity of our assets, the quality of our management and the prospects of the business,” said Alexander Abramov, Chairman of EVRAZ. “FTSE 100 Index inclusion is particularly meaningful for us and represents another important step in the development of the Group continuing our ongoing commitment to high standards of corporate governance and to delivering outstanding returns for our shareholders.”
EVRAZ will begin trading as part of the FTSE 100 Index on the 19th of December.
EVRAZ Group S.A. is a large vertically-integrated steel, mining and vanadium business with operations in the Russian Federation, Ukraine, Europe, USA, Canada and South Africa and employs approximately 110,000 people. The company is ranked the 20th-largest steel producer in the world based on crude steel production of 16.3 million tonnes in 2010. EVRAZ is largely self-sufficient in respect of its iron ore and coking coal requirements with the majority of its internal consumption covered by its mining operations. EVRAZ's consolidated revenues for the year ended 31 December 2010 totaled US$13,394 million.
