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Mechel Reports Receipt of NYSE Notification
Moscow, Russia – February 3, 2016 – Mechel OAO (MICEX:MTLR, NYSE: MTL), one of the leading Russian mining and metals companies, reports receiving notice from the New York Stock Exchange (NYSE) that Mechel OAO’s American Depositary Receipts (ADRs) are compliant with the listing’s standards requiring that an ADR’s average closing price over 30 consecutive trading days must not be lower than 1 US dollar.
Mechel Reports Creating Special Committee of Board of Directors
Moscow, Russia – January 28, 2016 – The Board of Directors of Mechel OAO (MICEX: MTLR, NYSE: MTL), one of the leading Russian mining and metals companies, decided to create a Special Committee of the Board as part of efforts aimed at restructuring Mechel OAO’s debt portfolio.
Mechel Announces ADR-to-Share Ratio Change
Moscow, Russia — December 29, 2015 – Mechel OAO (MICEX:MTLR, NYSE: MTL), one of the leading Russian mining and metals companies, announces a ratio change to its NYSE-listed American Depositary Receipt (“ADR”) program from the current one (1) ADR per one (1) ordinary share to one (1) ADR per two (2) ordinary shares.
Mechel Reports Management Change
Moscow, Russia – December 23, 2015 – Mechel OAO (MICEX: MTLR, NYSE: MTL), one of the leading Russian mining and metals companies, reports the appointment of Natalia Trubkina as the company’s human resources director. Prior to her appointment, she headed the human resources department of the Group’s steel division.
Mechel Reports 9M2015 Operational Results
Moscow, Russia – December 16, 2015 – Mechel OAO (MICEX: MTLR, NYSE: MTL), one of the leading Russian mining and metals companies, announces 9M2015 operational results.
Mechel Reports the 9M 2015 Financial Results
Revenue amounted to $3.3 billion
Consolidated EBITDA(a) amounted to $ 587 million
Net loss attributable to shareholders of Mechel OAO amounted to $1.0 billion
Consolidated EBITDA(a) amounted to $ 587 million
Net loss attributable to shareholders of Mechel OAO amounted to $1.0 billion
Mechel Announces 2015 Nine Months Financial Results Conference Call and Internet Broadcast
Moscow, Russia — December 14, 2015 — Mechel OAO (MICEX: MTLR, NYSE: MTL), one of the leading Russian mining and metals companies, announces that it intends to release its operational and financial results for the first nine months period ending September 30, 2015, on Wednesday, December 16, 2015. In conjunction with this release, Mechel will host a conference call, which will be simultaneously broadcast live over the Internet. Oleg Korzhov, Chief Executive Officer, will host the call.
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