Media

National Rating Agency (hereafter NRA) affirmed credit rating of Seligdar PJSC (MOEX: SELG, hereafter Seligdar) and its subsidiary Seligdar Gold JSC, at AA-|ru| in Russian rating national scale; the outlook is stable.

According to National Rating Agency the rating level of Seligdar PJSC is based on good results from the assessment of free cash flow margin for July 1, 2022 – June 30, 2023, of accounts receivables turnover ratio; on comfortable level of short-term liquidity; on mature risk-management system; on quality of strategic and corporate governance; on long period of the Company’s presence in the market. Besides, the Agency appreciated integration of ESG factors in the strategy and operations.

The full texts of the National Rating Agency’s press releases: rating of Seligdar PJSC and that of Seligdar Gold JSC; are available on its website (in Russian).