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MMC Norilsk Nickel / Miscellaneous - High Priority
MMC Norilsk Nickel: NORILSK NICKEL BOARD OF DIRECTORS RECOMMENDS
28-Apr-2017 / 15:14 CET/CEST
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*PRESS RELEASE*
*April 28, 2017*
*Public Joint Stock Company «Mining and Metallurgical Company «NORILSK
NICKEL»*
(PJSC 'MMC 'Norilsk Nickel', the 'Company')
*NORILSK NICKEL BOARD OF DIRECTORS RECOMMENDS
DIVIDEND FOR FY 2016 *
*Moscow* - The Board of Directors of PJSC «MMC «Norilsk Nickel», one of the
largest refined nickel and palladium producer in the world, has recommended
for the Annual General Meeting of shareholders (AGM) approval the dividend
payment for the full financial year 2016 in the amount of RUB *446.10 *per
ordinary share (approximately USD *7.83* at the RUB/USD exchange rate the
Russian Central Bank as of 28.04.2017).
The total dividend distribution will amount to *RUB 70.6 billion*
(approximately USD *1.2 billion *at the RUB/USD exchange rate of the Russian
Central Bank as of 28.04.2017).
The Board of Directors has proposed to set the interim dividend record date
(the list of shareholders entitled to the interim dividend) on *June 23,
2017. *The AGM will be held *on June 9, 2017.*
This announcement contains inside information in accordance with Article 7
of EU Regulation 596/2014 of 16 April 2014.
*Full name and position of person making the announcement* - Vladimir
Zhukov, Vice - president, Investor Relations
*ABOUT THE COMPANY *
PJSC «MMC «NORILSK NICKEL» is a diversified mining and metallurgical
company, the world's largest producer of refined nickel and palladium and a
leading producer of platinum, cobalt, copper and rhodium. The company also
produces gold, silver, iridium, selenium, ruthenium and tellurium.
The production units of «NORILSK NICKEL» Group include Polar Division,
located at the Norilsk Industrial District on Taimyr Peninsula, and Kola
Mining and Metallurgical Company located on the Kola Peninsula in Russia as
well as Harjavalta nickel refinery in Finland.
PJSC «MMC «NORILSK NICKEL» shares are listed on the Moscow and on the
Saint-Petersburg Stock Exchanges. PJSC «MMC «NORILSK NICKEL» ADRs trade over
the counter in the US and on the London and Berlin Stock Exchanges.
*Media Relations: Investor Relations: *
Phone: +7 (495) 785 58 00 Phone: +7 (495) 786 83 20
Email: pr@nornik.ru Email: ir@nornik.ru
The EquityStory.RS, LLC Distribution Services include Regulatory
Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de/ukreg
Language: English
Company: MMC Norilsk Nickel
1 st Krasnogvardeysky av., 15
123100 Moscow
Russia
Internet: www.nornik.ru
ISIN: US55315J1025
WKN: A140M9
Listed: Regulated Unofficial Market in Berlin, Dusseldorf, Munich,
Stuttgart; Open Market in Frankfurt; London, Nasdaq
Category Code: MSCH
TIDM: MNOD
Sequence No.: 4124
End of Announcement EquityStory.RS, LLC News Service
568869 28-Apr-2017
(END) Dow Jones Newswires
April 28, 2017 09:15 ET (13:15 GMT)
