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MMC Norilsk Nickel / Miscellaneous - High Priority
NORILSK NICKEL BOARD OF DIRECTORS RECOMMENDS DIVIDEND FOR 1H 2017
25-Aug-2017 / 08:04 CET/CEST
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PRESS RELEASE
August 25, 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 1H 2017
Moscow - PJSC «MMC «Norilsk Nickel», one of the largest refined nickel and
palladium producer in the world, reports that on August 24th, 2017 its Board
of Directors has considered to call an Extraordinary General Meeting of
shareholders (EGM) on September 29, 2017 and has set the EGM record date
(the list of shareholders eligible to vote) on September 5, 2017.
The Board of Directors has decided to provide shareholders of ordinary
shares PJSC«MMC «Norilsk Nickel» an opportunity to complete an electronic
form of voting ballots at the Company's EGM.
The Board of Directors has recommended for the EGM approval an interim
dividend payment for six months of 2017 in the amount of RUB224.20
(approximately USD3.79 at the USD/RUB exchange rate of the Russian Central
Bank as of 24.08.2017) per one ordinary share. The Board of Directors has
proposed to set the interim dividend record date (the list of shareholders
entitled to the interim dividend) on October 19, 2017.
The interim dividend distribution for six months of 2017 will amount to
approximately USD600 million.
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.: 4558
End of Announcement EquityStory.RS, LLC News Service
604019 25-Aug-2017
(END) Dow Jones Newswires
August 25, 2017 02:05 ET (06:05 GMT)
