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Ferroglobe Postpones Virtual Investor Day To First Quarter 2022

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Ferroglobe PLC (NASDAQ: GSM) announced the postponement of its virtual Investor Day to Q1-2022 due to a scheduling conflict. CEO Marco Levi expressed enthusiasm for this event, indicating efforts to enhance the company's competitiveness and pursue growth since he joined in 2020. The company, a leading producer of silicon metal and alloys, aims to engage with investors actively ahead of the rescheduled event. The announcement marks a significant engagement opportunity for stakeholders who are keen to understand the company's future plans.

Positive
  • None.
Negative
  • Postponement of the virtual Investor Day could indicate internal challenges in planning and execution.
  • The unforeseen scheduling conflict may raise concerns about the company's organizational efficiency.

LONDON, Nov. 24, 2021 (GLOBE NEWSWIRE) -- Ferroglobe PLC (NASDAQ: GSM) (“Ferroglobe” or “the Company”), a leading producer of silicon metal, silicon-based alloys and manganese-based alloys, announced today that it will postpone its virtual Investor Day to Q1-2022 due to unforeseen circumstances resulting in a scheduling conflict.

Marco Levi, Ferroglobe’s Chief Executive Officer stated, “We are excited to host the first investor day since I joined Ferroglobe in 2020. We have been working diligently to turnaround this Company and look forward to this opportunity to tell our story, as we take significant steps to drive change and enhance our competitiveness to maximize our potential. We previously announced a target date for our investor day in late November; however due to an unforeseen scheduling conflict we have to postpone the event to next year. We apologize for any inconvenience this may have caused and encourage investors to continue an active dialogue with management ahead of the investor day.”

About Ferroglobe                                                                         

Ferroglobe PLC is one of the world’s leading suppliers of silicon metal, silicon- and manganese- based specialty alloys and ferroalloys, serving a customer base across the globe in dynamic and fast-growing end markets, such as solar, electronics, automotive, consumer products, construction and energy.  The Company is based in London.  For more information, visit http://investor.ferroglobe.com.

Forward-Looking Statements

This release contains “forward-looking statements” within the meaning of U.S. securities laws. Forward-looking statements are not historical facts but are based on certain assumptions of management and describe Ferroglobe’s future plans, strategies and expectations. Forward-looking statements often use forward-looking terminology, including words such as “anticipate”, “believe”, “could”, “estimate”, “expect”, “forecast”, “guidance”, “intends”, “likely”, “may”, “plan”, “potential”, “predicts”, “seek”, “will” and words of similar meaning or the negative thereof.

Forward-looking statements contained in this press release are based on information currently available to Ferroglobe and assumptions that management believe to be reasonable, but are inherently uncertain. As a result, Ferroglobe’s actual results, performance or achievements may differ materially from those expressed or implied by these forward-looking statements, which are not guarantees of future performance and involve known and unknown risks, uncertainties and other factors that are, in some cases, beyond Ferroglobe’s control.

Forward-looking financial information and other metrics presented herein represent Ferroglobe’s goals and are not intended as guidance or projections for the periods referenced herein or any future periods.

All information in this press release is as of the date of its release. Ferroglobe does not undertake any obligation to update publicly any of the forward-looking statements contained herein to reflect new information, events or circumstances arising after the date of this press release. You should not place undue reliance on any forward-looking statements, which are made only as of the date of this press release.

INVESTOR CONTACT:

Gaurav Mehta
Executive Vice President - Investor Relations
investor.relations@ferroglobe.com  

MEDIA CONTACT:

Cristina Feliu Roig
Executive Director – Communications, Branding & Public Affairs
corporate.comms@ferroglobe.com 


FAQ

Why did Ferroglobe postpone its Investor Day?

Ferroglobe postponed its virtual Investor Day to Q1-2022 due to unforeseen scheduling conflicts.

When is Ferroglobe's rescheduled Investor Day?

Ferroglobe's Investor Day has been postponed to Q1-2022.

What does Ferroglobe do?

Ferroglobe is a leading producer of silicon metal, silicon-based alloys, and manganese-based alloys.

Who is the CEO of Ferroglobe?

Marco Levi is the CEO of Ferroglobe.

What is the stock symbol for Ferroglobe?

Ferroglobe trades under the stock symbol GSM on NASDAQ.

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