At a meeting on January 16 directors of NLMK Group resolved to convene an Extraordinary Shareholder Meeting on March 12 to elect a new president (CEO) and chairman of the management board.
The EGM will be held by absentee ballot. The date upon which the shareholders entitled to participate in the EGM will be determined is set as January 29.
NLMK shareholders holding in aggregate at least 2% of the company’s voting shares have the right to put forward candidates for the position of NLMK President until February 12. (NLMK/Ukrainian metal)