Charter Capital of the Company amounts to 5,550,276,600 (five billion five hundred fifty million two hundred seventy-six thousand six hundred) rubles.
Charter Capital of the Company is composed of nominal value of 416,270,745 (four hundred sixteen million two hundred seventy thousand seven hundred forty-five) ordinary registered shares with the nominal value of 10 (ten) rubles each and 138,756,915 (one hundred thirty-eight million seven hundred fifty-six thousand nine hundred fifteen) preferred registered shares with the nominal value of 10 (ten) rubles each.
Mechel PAO’s shares are traded on Russia's Moscow Exchange in 1 list with ticker MTLR for ordinary shares and ticker MTLRP for preferred shares.
American Depositary Receipts (ADRs)
On October 24, 2004 Mechel placed American Depositary Receipts (ADRs) on New York Stock Exchange (NYSE).
Each American Depositary Receipt represented two ordinary shares and trades on New York Stock Exchange with MTL ticker.
On May 7, 2010 Mechel placed preferred shares on New York Stock Exchange.
The preferred share were represented by preferred American Depositary Shares (preferred ADSs). Each preferred American Depositary Share represents an interest in one-half of one preferred share (1 preferred ADS = ½ preferred share). Preferred ADSs were traded on New York Stock Exchange with MTLPR ticker.On December 6, 2022, the New York Stock Exchange (“NYSE”) announced that it has determined to commence proceedings to delist the securities of Mechel PAO from the NYSE. Trading of the Group’s securities has been halted since February 28, 2022, and they were removed from the listing on January 3, 2023. The NYSE Regulation has determined that the Group’s securities do not comply with the listing rules in light of the November 7, 2022 announcements by Deutsche Bank, the depositary under the Group’s American depositary shares programs, of its intention to terminate the Deposit Agreements for the Group’s securities effective as of December 7, 2022. On December 21, 2022, the NYSE filed with the U.S. Securities and Exchange Commission (“SEC”) the corresponding Form 25. Accordingly, on February 7, 2023, the Group filed a Form 15F with the SEC to deregister its common shares and preferred shares and terminate its reporting obligations under the Exchange Act.