RNS Number : 5315J
PJSC Polyus
24 August 2021
 

Press Release                                                                            24 August 2021

 

PJSC Polyus

Notice of EGM and 1H 2021 Dividend Recommendation

 

EGM

PJSC Polyus (LSE, MOEX - PLZL) ("Polyus" or the "Company") announces that the Board of Directors of the Company (the "Board") has resolved to convene the Extraordinary General Meeting of Shareholders of PJSC Polyus ("EGM").

Date of the EGM: 29 September 2021.

Agenda: The dividends on PJSC Polyus shares based on the 6 months 2021 results.

Format of EGM: Absentee voting.

Ballot submission deadline: 29 September 2021.

Record date (the date of drawing up the list of persons entitled to participate in the EGM): 06 September 2021.

 

1H 2021 Dividend Recommendation

The Board is recommending the dividends based on the 6 months 2021 results in the amount of 267.48 Russian roubles per ordinary share. The recommended dividend amount is equivalent to approximately $3.61 per ordinary share or $1.81 per depositary share. The total recommended dividend payout for the first half of 2021 will correspond to approximately $491 million.

The dividend record date recommended by the Board is 11 October 2021.

The dividend amount and the dividend record date are subject to approval by the EGM.

 

Polyus

Polyus is the world's fourth-largest gold mining company by production volumes and the largest gold miner in terms of attributable gold Ore Reserves. The company demonstrates the lowest production costs among major global gold producers. Its principal operations are located in Siberia and the Russian Far East: Krasnoyarsk, Irkutsk and Magadan regions and the Republic of Sakha (Yakutia).

 

 

Investor and Media contact

Victor Drozdov,

Director Communications & Investor Relations (CIR) Department

+7 (495) 641 33 77

drozdovvi@polyus.com 

 

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 at the date of this announcement. Polyus and/or any Polyus group company assumes no obligation in respect of, and does not intend to update, these forward-looking statements, except as required pursuant to applicable law.

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
END
 
 
MSCPJMBTMTJTTFB