PJSC 'Novorossiysk Commercial Sea Port' (NCSP)
The Board of Directors of NCSP Group recommends to send 98% of net profit
for 2018 to dividends
22-May-2019 / 14:47 MSK
Dissemination of a Regulatory Announcement that contains inside information
according to REGULATION (EU) No 596/2014 (MAR), transmitted by EQS Group.
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announcement.
Press Release
The Board of Directors of NCSP Group recommended to send 98% of net profit
for 2018 to dividends
May 22, 2019
NCSP Group (LSE: NCSP, MOEX: NMTP) hereby announces that on May 21, the
Board of Directors of PJSC NCSP, which includes representatives of the
controlling shareholder, PJSC Transneft, as well as the Russian Federation
and the Company's management, decided to recommend to the Annual General
Meeting of shareholders of PJSC NCSP to additionally pay dividends for the
results of 2018 in the amount of 9,629,907,700 (Nine billion six hundred
twenty-nine million nine hundred seven thousand seven hundred) rubles 00
kopecks.
NCSP Group is the largest port operator in Russia by cargo turnover. PJSC
Transneft is the controlling shareholder (62%) of PJSC NSCP.
NCSP Group is traded on Moscow Exchange (NMTP) and London Stock Exchange as
GDRs (NCSP). NCSP Group volumes in 2018 totaled 140.2 million tons. NCSP
Group consists of: PJSC NSCP, LLC Primorsk Trade Port, JSC Novorossiysk Ship
Repair Yard, JSC NCSP Fleet, JSC NLE, LLC IPP, Baltic Stevedore Company LLC
and LLC SFP.
For more information, please contact:
For press: MSidorov@ncsp.com
ISIN: US67011U2087
Category Code: DIV
TIDM: NCSP
LEI Code: LEIA0010014976
Sequence No.: 8729
EQS News ID: 814521
End of Announcement EQS News Service
(END) Dow Jones Newswires
May 22, 2019 07:47 ET (11:47 GMT)
