Polyus Finance Plc
PJSC Polyus: 1H 2019 dividend recommendation
DGAP-News: Polyus Finance Plc / Key word(s): Dividend Press Release 22 August 2019 PJSC Polyus 1H 2019 dividend recommendation The Board of Directors (the “Board”) of PJSC Polyus (LSE, MOEX – PLZL) (“Polyus”, or the “Company”) is recommending the dividends for the first six months ended 30 June 2019 in the amount of 162.98 Russian roubles per ordinary share. The dividend amount is equivalent to approximately 2.46 U.S. dollars per ordinary share, or 1.23 U.S. dollars per depositary share (with two depositary shares representing interest in one ordinary share).[1] The total recommended dividend payout for the first half of 2019 will amount to 21,708,394,906.40 Russian roubles and correspond to 327.6 million U.S. dollars, representing 30% of the Company’s EBITDA for the first half of 2019, in line with the Company’s dividend policy. The dividend is subject to approval by the Company’s Extraordinary General Shareholders’ Meeting on 30 September 2019. The dividend record date will be 10 October 2019.
The Polyus group’s principal operations are located in Krasnoyarsk, Irkutsk and Magadan regions and the Republic of Sakha (Yakutia).
Forward-looking statements This announcement may contain “forward-looking statements” concerning Polyus and/or Polyus Group. Generally, the words “will”, “may”, “should”, “could”, “would”, “can”, “continue”, “opportunity”, “believes”, “expects”, “intends”, “anticipates”, “estimates” or similar expressions identify forward-looking statements. The forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from those expressed in the forward-looking statements. Forward-looking statements include statements relating to future capital expenditures and business and management strategies and the expansion and growth of Polyus’ and/or Polyus Group’s operations. Many of these risks and uncertainties relate to factors that are beyond Polyus’ and/or Polyus Group’s ability to control or estimate precisely and therefore undue reliance should not be placed on such statements which speak only as of the date of this announcement. Polyus and/or any Polyus Company assumes no obligation in respect of, and does not intend to update, these forward-looking statements, except as required pursuant to applicable law.
22.08.2019 Dissemination of a Corporate News, transmitted by DGAP – a service of EQS Group AG. |
Language: | English |
Company: | Polyus Finance Plc |
16 Berkeley Street | |
W1J 8DZ London | |
United Kingdom | |
Phone: | +44 (0)203 907 4050 |
E-mail: | sergei.nossoff@pgil.co.uk |
Internet: | http://polyus-finance.polyus.com/ |
ISIN: | XS1533922933 |
WKN: | A19CYF |
Listed: | Regulated Unofficial Market in Stuttgart; London |
EQS News ID: | 862053 |
End of News | DGAP News Service |