Ferrexpo PLC Update Regarding Non-executive Director (1303L)
29 Dezember 2022 - 8:00AM
UK Regulatory
TIDMFXPO
RNS Number : 1303L
Ferrexpo PLC
29 December 2022
29 December 2022
Ferrexpo plc
("Ferrexpo" or the "Company" or the "Group")
Update Regarding Non-executive Director
Ferrexpo plc (LSE: FXPO), a producer and exporter of high grade
iron ore pellets to the global steel industry, provides the
following update regarding Non-executive Director Kostyantin
Zhevago. The Company is aware that Mr Zhevago has been detained in
France by the French authorities, and the Company understand that
this is in relation to matters unrelated to Ferrexpo. The Board of
Directors of Ferrexpo is seeking to clarify the situation and will
update the market as appropriate.
For further information, please contact:
Ferrexpo:
Rob Simmons r.simmons@ferrexpo.ch +44 207 389 8305
Tavistock:
Jos Simson
Emily Moss +44 207 920 3150
Gareth Tredway ferrexpo@tavistock.co.uk +44 7785 974 264
About Ferrexpo:
Ferrexpo is a Swiss headquartered iron ore company with assets
in Ukraine and a premium listing on the London Stock Exchange in
the FTSE 250 index (ticker FXPO). The Group produces high grade
iron ore pellets, which are a premium product for the global steel
industry and enable reduced carbon emissions and increased
productivity for steelmakers when the Group's iron ore pellets are
converted into steel, compared to more commonly traded forms of
iron ore. Ferrexpo's operations have been supplying the global
steel industry for over 50 years, and in 2021 the Group produced
11.2 million tonnes of iron ore pellets, placing Ferrexpo as the
world's third largest exporter of pellets to the global steel
industry with a market share of approximately 9%. The Group has a
global customer base comprising of premium steel mills around the
world, which includes steel mills in Austria, Germany, Japan, South
Korea, Taiwan, China, Slovakia, the Czech Republic, Turkey, Vietnam
and America. For further information, please visit www.ferrexpo.com
.
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END
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