Statement From Severstal
Moscow (ots/PRNewswire) - Alexei Mordashov does not intend to increase his stake in Arcelor above 32%. Only if Arcelor shareholders decide to carry out the buy-back of shares by Arcelor (OPRA) (Alexei Mordashov will not take part in the decision and in the tendering of shares so that all the money, distributed during the buy-back, would entirely go to existing Arcelor shareholders) his stake might reach approximately 38%. Mr. Mordashov has no plans to increase his stake further.
For further clarification please contact:
Marie Rouet +33-1-56-69-75-74
ots Originaltext: Severstal
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Marie Rouet +33-1-56-69-75-74, firstname.lastname@example.org