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FERREXPO plc Holding Statement

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Ferrexpo plc (LSE: FXPO) has issued a holding statement acknowledging media reports in Ukraine regarding a potential claim to the High Anti-Corruption Court of Ukraine by the State Bureau of Investigation. The company states it has not received any formal notification of the claim and is consulting with legal advisors to assess the situation.

Ferrexpo is a Swiss-headquartered iron ore company with assets in Ukraine and is listed on the London Stock Exchange as part of the FTSE 250 index. The company produces high-grade iron ore pellets for the global steel industry, offering products that enable reduced carbon emissions and increased productivity for steelmakers. Prior to Russia's invasion of Ukraine in February 2022, Ferrexpo was the world's third-largest pellet exporter.

Ferrexpo plc (LSE: FXPO) ha emesso un comunicato di holding riconoscendo le notizie dei media in Ucraina riguardo a una potenziale denuncia presso l'Alta Corte Anticorruzione dell'Ucraina da parte del Bureau Statale di Investigazione. L'azienda afferma di non aver ricevuto alcuna notifica formale della denuncia e sta consultando consulenti legali per valutare la situazione.

Ferrexpo è una azienda di estrazione di minerale di ferro con sede in Svizzera con attività in Ucraina ed è quotata alla Borsa di Londra come parte dell'indice FTSE 250. L'azienda produce pellet di minerale di ferro di alta qualità per l'industria siderurgica globale, offrendo prodotti che consentono di ridurre le emissioni di carbonio e aumentare la produttività per i produttori di acciaio. Prima dell'invasione russa dell'Ucraina nel febbraio 2022, Ferrexpo era il terzo esportatore mondiale di pellet.

Ferrexpo plc (LSE: FXPO) ha emitido un comunicado reconociendo los informes de los medios en Ucrania sobre una posible reclamación ante el Alto Tribunal Anticorrupción de Ucrania por parte de la Oficina Estatal de Investigación. La empresa afirma que no ha recibido ninguna notificación formal de la reclamación y está consultando con asesores legales para evaluar la situación.

Ferrexpo es una compañía de mineral de hierro con sede en Suiza con activos en Ucrania y está cotizada en la Bolsa de Valores de Londres como parte del índice FTSE 250. La empresa produce pellets de mineral de hierro de alta calidad para la industria del acero global, ofreciendo productos que permiten reducir las emisiones de carbono y aumentar la productividad de los productores de acero. Antes de la invasión rusa de Ucrania en febrero de 2022, Ferrexpo era el tercer exportador de pellets más grande del mundo.

Ferrexpo plc (LSE: FXPO)는 우크라이나의 언론 보도에 대해 우크라이나 고위 반부패 법원에 국가 수사국이 제기할 수 있는 청구와 관련하여 보유 성명을 발표했습니다. 회사는 청구에 대한 공식 통지를 받지 않았으며, 상황을 평가하기 위해 법률 자문과 상담하고 있다고 밝혔습니다.

Ferrexpo는 우크라이나에 자산을 두고 있는 스위스 본사 철광석 회사로, FTSE 250 지수의 일환으로 런던 증권 거래소에 상장되어 있습니다. 이 회사는 글로벌 철강 산업을 위해 고급 철광석 펠렛을 생산하며, 탄소 배출을 줄이고 철강 제조업체의 생산성을 높일 수 있는 제품을 제공합니다. 2022년 2월 러시아의 우크라이나 침공 이전에 Ferrexpo는 세계에서 세 번째로 큰 펠렛 수출업체였습니다.

Ferrexpo plc (LSE: FXPO) a publié un communiqué reconnaissant les rapports des médias en Ukraine concernant une éventuelle réclamation auprès de la Haute Cour Anticorruption d'Ukraine par le Bureau d'État d'Enquête. La société déclare n'avoir reçu aucune notification formelle de la réclamation et consulte des conseillers juridiques pour évaluer la situation.

Ferrexpo est une entreprise de minerai de fer dont le siège est en Suisse avec des actifs en Ukraine et est cotée à la Bourse de Londres dans le cadre de l'indice FTSE 250. L'entreprise produit des pellets de minerai de fer de haute qualité pour l'industrie mondiale de l'acier, offrant des produits qui permettent de réduire les émissions de carbone et d'augmenter la productivité des aciéristes. Avant l'invasion russe de l'Ukraine en février 2022, Ferrexpo était le troisième exportateur de pellets au monde.

Ferrexpo plc (LSE: FXPO) hat eine Halteerklärung veröffentlicht, in der sie die Medienberichte in der Ukraine über eine mögliche Klage beim Obersten Antikorruptionsgericht der Ukraine durch das Nationale Ermittlungsbüro anerkennt. Das Unternehmen erklärt, dass es keine formelle Benachrichtigung über die Klage erhalten hat und rechtliche Berater konsultiert, um die Situation zu beurteilen.

Ferrexpo ist ein Schweizer Unternehmen für Eisenerz mit Vermögenswerten in der Ukraine und ist an der Londoner Börse als Teil des FTSE 250 Index gelistet. Das Unternehmen produziert hochwertige Eisenerzpellets für die globale Stahlindustrie und bietet Produkte an, die reduzierte Kohlenstoffemissionen und erhöhte Produktivität für Stahlhersteller ermöglichen. Vor der russischen Invasion in der Ukraine im Februar 2022 war Ferrexpo der drittgrößte Pelletexporteur der Welt.

Positive
  • Position as FTSE 250 constituent
  • Premium product offering with environmental benefits
  • Established global customer base of premium steel mills
Negative
  • Potential legal action by Ukrainian State Bureau of Investigation
  • Operational uncertainty due to Ukraine-Russia conflict
  • Loss of position as third-largest pellet exporter post-invasion

LONDON, Feb. 20, 2025 /PRNewswire/ -- Ferrexpo plc (LSE: FXPO) notes a media announcement today in Ukraine by the State Bureau of Investigation regarding a potential claim to the High Anti-Corruption Court of Ukraine. The Company has not received any formal notification of such a claim and is working with its legal advisors to understand the situation.

For further information, please contact:

Ferrexpo:



Nick Bias

n.bias@ferrexpo.ch

+44 (0)7733 177

Tavistock:



Jos Simson
Gareth Tredway

ferrexpo@tavistock.co.uk

+44 (0)207 920 3150

+44 (0)7785 974 264

Notes to Editors:

About Ferrexpo: Ferrexpo is a Swiss headquartered iron ore company with assets in Ukraine and a listing in the equity shares commercial companies category on the London Stock Exchange (ticker FXPO) and a constituent of the FTSE 250 index. 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 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. Before Russia's full-scale invasion of Ukraine in February 2022, the Group was the world's third largest exporter of pellets. The Group has a global customer base comprising of premium steel mills around the world. For further information visit www.ferrexpo.com.

Cision View original content:https://www.prnewswire.com/news-releases/ferrexpo-plc-holding-statement-302381680.html

SOURCE Ferrexpo plc

FAQ

What is the potential legal claim against Ferrexpo (FXPO) in Ukraine?

The State Bureau of Investigation in Ukraine has announced a potential claim to the High Anti-Corruption Court of Ukraine against Ferrexpo, though the company has not received formal notification and is working with legal advisors to understand the situation.

How has the Russian invasion affected Ferrexpo's (FXPO) market position?

Prior to Russia's invasion of Ukraine in February 2022, Ferrexpo was the world's third-largest exporter of iron ore pellets, but this position has been impacted by the conflict.

What are the main products of Ferrexpo (FXPO)?

Ferrexpo produces high-grade iron ore pellets, which are premium products for the global steel industry that enable reduced carbon emissions and increased productivity for steelmakers.

Where are Ferrexpo's (FXPO) main assets located?

Ferrexpo's main assets are located in Ukraine, while the company is headquartered in Switzerland and listed on the London Stock Exchange.

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