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JSC VTB Bank / Miscellaneous - Medium Priority
VTB Supervisory Council issues dividend recommendation
23-March-2017 / 07:50 CET/CEST
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*Press release*
23 March 2017
*VTB Supervisory Council issues dividend recommendation*
On 22 March 2017, VTB Bank's Supervisory Council passed a resolution
recommending that the Annual General Meeting (AGM) of the bank's
shareholders announce a dividend of RUB 0.00117 per ordinary share. The
total dividend on ordinary shares will amount to RUB 15.2 bn.
The Supervisory Council also recommended that the AGM pass a resolution to
pay out RUB 11.1 bn in dividends on Type 1 preference shares, or RUB 0.00052
per share. The recommended dividend on Type 2 preference shares is RUB 18.1
bn, or RUB 0.00588849 per share.
In addition, the Supervisory Council proposed to the AGM to approve 10 May
2017 as a cut-off date for determining the list of persons eligible for 2016
dividend payment.
The AGM of VTB Bank will be held on 26 April 2017 at the Oktyabrsky Grand
Concert Hall at 6 Ligovsky Prospekt, St Petersburg. The AGM agenda and
relevant materials will be published on VTB Bank website and passed to
shareholders via their nominees within the timeframe specified by the
Russian law.
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Archive at www.dgap.de/ukreg
Language: English
Company: JSC VTB Bank
12, Presnenskaya emb.
Moscow
Russia
Phone: +7 (495) 739-77-99
Fax: +7 (495) 739-77-99
E-mail: info@vtb.ru
Internet: www.vtb.com
ISIN: US46630Q2021
Listed: Foreign Exchange(s) London
Category Code: MSCM
TIDM: VTBR
LEI Code: 253400V1H6ART1UQ0N98
Sequence No.: 3981
End of Announcement EquityStory.RS, LLC News Service
557349 23-March-2017
(END) Dow Jones Newswires
March 23, 2017 02:50 ET (06:50 GMT)
