February 4, 2015

Globe Specialty Metals, Inc. Announces Dividend Increase

NEW YORK, Feb. 4, 2015 (GLOBE NEWSWIRE) -- Globe Specialty Metals, Inc. (Nasdaq:GSM) announced that its Board of Directors on February 3, 2015 authorized an annual dividend of $0.32 per share, payable quarterly. As a result, a quarterly dividend of $0.08 per share will be payable on March 12, 2015 to shareholders of record at the close of business on February 26, 2015.

About Globe Specialty Metals

Globe Specialty Metals, Inc. is among the world's largest producers of silicon metal and silicon-based specialty alloys, critical ingredients in a host of industrial and consumer products with growing markets. Customers include major silicone chemical, aluminum and steel manufacturers, auto companies and their suppliers, ductile iron foundries, manufacturers of photovoltaic solar cells and computer chips, and concrete producers. The Company is headquartered in Miami. For further information please visit our web site at www.glbsm.com.

CONTACT: Globe Specialty Metals, Inc.

         

         Joe Ragan, 786-509-6925

         Chief Financial Officer

         Email: jragan@glbsm.com

         

         Or

         

         Jeff Bradley, 786-509-6908

         Chief Executive Officer

         Email: jbradley@glbsm.com


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