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MMC Norilsk Nickel (MNOD)
MMC Norilsk Nickel: NORILSK NICKEL BOARD OF DIRECTORS RECOMMENDS
26-Apr-2019 / 17:00 MSK
Dissemination of a Regulatory Announcement that contains inside information
according to REGULATION (EU) No 596/2014 (MAR), transmitted by EQS Group.
The issuer is solely responsible for the content of this announcement.
PRESS RELEASE
April 26, 2019
Public Joint Stock Company «Mining and Metallurgical Company «NORILSK
NICKEL»
(PJSC "MMC "Norilsk Nickel", the "Company")
NORILSK NICKEL BOARD OF DIRECTORS RECOMMENDS
FINAL DIVIDEND FOR FY 2018
Moscow - The Board of Directors of MMC Norilsk Nickel, the world's largest
palladium and refined nickel producer, has set the Annual General Meeting of
shareholders (AGM) date on June 10, 2019 and the AGM record (the list of
shareholders eligible to vote) date on May 17, 2019.
The Board of Directors has recommended for the AGM approval the final
dividend for the financial year 2018 in the amount of RUB 792.52 per
ordinary share (approximately USD 12.25 at the RUB/USD exchange rate the
Russian Central Bank as of April 26, 2019). The Board of Directors has
proposed to set the dividend record date (the list of shareholders entitled
to the dividend) on June 21, 2019 .
The final dividend in total will amount to RUB 125.4 bn (approximately USD
1,939 mln at the RUB/USD exchange rate of the Russian Central Bank as of
April 26, 2019). The total dividend distribution for the FY 2018 will amount
to USD 3,739 mln, including the interim dividend paid for six month 2018 (of
approximately USD 1,800 mln)
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 are located at the Norilsk
Industrial District, on the Kola Peninsula and Chita region in Russia as
well as in Finland and South Africa.
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
ISIN: US55315J1025
Category Code: MSCH
TIDM: MNOD
Sequence No.: 8381
EQS News ID: 804047
End of Announcement EQS News Service
(END) Dow Jones Newswires
April 26, 2019 10:00 ET (14:00 GMT)
