Shareholders of Nornickel approved the final dividend for the FY 2019

MMC Norilsk Nickel (MNOD) 
SHAREHOLDERS OF NORNICKEL APPROVED THE FINAL DIVIDEND FOR THE FY 2019 
 
14-May-2020 / 18:30 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 
 
                                                                May 14, 2020 
 
       Public Joint Stock Company «Mining and Metallurgical Company «NORILSK 
      NICKEL» (PJSC "MMC "Norilsk Nickel", "Nornickel" or the "Company") the 
  world's largest of palladium and high-grade nickel and a major producer of 
                                                        platinum and copper. 
 
   SHAREHOLDERS OF NORINICKEL APPROVED THE FINAL DIVIDEND FOR THE FY 2019 
 
 Moscow - Shareholders of Nornickel held the Annual General Meeting (AGM) in 
       absentia on May 13, 2020. The AGM approved the final dividend for the 
           financial year 2019 in the amount of RUB 557.2 per ordinary share 
      (approximately USD 7.3 at the RUB/USD exchange rate set by the Russian 
 Central Bank as of April 7, 2020, the date when the Board of Directors made 
a recommendation on the final dividend). The final dividend will amount to a 
 total of RUB 88.2 bn (approximately USD 1.2 bn at the RUB/USD exchange rate 
    set by the Russian Central Bank as of April 7, 2020). The total dividend 
       distribution for the FY 2019 will amount to USD 4.8 bn, including the 
   interim dividends for six and nine months of 2019 which have been already 
      paid to shareholders (for a total amount of approximately USD 3.6 bn). 
 
                       The dividend record date has been set on 25 May 2020. 
 
          The AGM also elected the Board of Directors and the Internal Audit 
                                                                 commission. 
 
                                                      The Board of Directors 
 
· Gareth Penny 
 
· Alexey Bashkirov 
 
· Evgeny Shvarts 
 
· Marianna Zakharova 
 
· Maxim Poletaev 
 
· Nikolay Abramov 
 
· Robert Edwards 
 
· Roger Munnings 
 
· Sergey Batekhin 
 
· Sergey Barbashev 
 
· Sergey Bratukhin 
 
· Sergey Volk 
 
· Vyacheslav Solomin 
 
                                                        The Audit ?ommission 
 
· Alexey Dzybalov 
 
· Anna Masalova 
 
· Elena Yanevich 
 
· Georgiy Svanidze 
 
· Vladimir Shilkov 
 
     Additionally, the shareholders approved the annual report for 2019, RAS 
 accounts, the consolidated financial statements in accordance with IFRS for 
   2019 and approved JSC KPMG as the auditors for 2020 RAS accounts and IFRS 
   consolidated financial statements. The shareholders voted in favor of all 
                                          the other items of the AGM agenda. 
 
        AGM materials and voting results available on Nornickel website. [1] 
 
  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 
 
   MMC Norilsk Nickel is a diversified mining and metallurgical company, the 
     world's largest producer of palladium and high-grade nickel and a major 
 producer of platinum and copper. The company also produces cobalt, rhodium, 
    silver, gold, iridium, ruthenium, selenium, tellurium, sulphur and other 
                                                                   products. 
 
     The production units of Norilsk Nickel Group are located at the Norilsk 
Industrial District, on the Kola Peninsula and Zabaykalsky Krai in Russia as 
                                        well as in Finland and South Africa. 
 
               MMC Norilsk Nickel shares are listed on the Moscow and on the 
Saint-Petersburg Stock Exchanges, ADRs are traded over the counter in the US 
                    and on the London, Berlin and Frankfurt Stock Exchanges. 
 
                                        Media Relations: Investor Relations: 
 
                         Phone: [phone] Phone: [phone] 
 
                                     Email: [e-mail] Email: [e-mail] 
 
ISIN:          US55315J1025 
Category Code: MSCH 
TIDM:          MNOD 
Sequence No.:  63911 
EQS News ID:   1045691 
 
End of Announcement EQS News Service 
 
 
1: https://eqs-cockpit.com/cgi-bin/fncls.ssp?fn=redirect&url=30121671b2565b3bd02a4a2ba797b7a1&application_id=1045691&site_id=vwd&application_name=news 
 

(END) Dow Jones Newswires

May 14, 2020 11:30 ET (15:30 GMT)