DJ PJSC LSR Group announces the dividend payment for the 1H2020
PJSC LSR Group (LSRG)
PJSC LSR Group announces the dividend payment for the 1H2020
17-Nov-2020 / 16:00 CET/CEST
Dissemination of a Regulatory Announcement, transmitted by EQS Group.
The issuer is solely responsible for the content of this announcement.
Announcement of the dividend payment
St. Petersburg, Russia - 17 November 2020 - PJSC LSR Group ("LSR" or the
"Company") (LSE: LSRG; MOEX: LSRG), one of the leading real estate
developers and building materials producers in Russia, announces that today
the Company distributed dividends for the first six months of the year 2020,
in accordance with the previous resolution of the Extraordinary General
Meeting of Shareholders ("EGM") held on 30 September 2020.
The EGM resolved to:
1) Approve a dividend payment of RUB 2,061 million or RUB 20 per ordinary
share for the first half of 2020. Shareholders registered at the record
date of 12 October 2020 were entitled to receive a dividend payment.
For more information please contact:
Investor Relations Media Relations
LSR Group Press Service
E-mail: press@lsrgroup.ru
Igor Tsoy
Director of Investor Relations
E-mail: IR@lsrgroup.ru
About LSR Group:
PJSC LSR Group is a real estate development and building materials company
founded in 1993 and operating in a number of complementary market segments.
Its core business areas are production of building materials and real estate
development and construction. LSR Group's main operations are located in St.
Petersburg and Leningrad Region, Moscow and Moscow region and Yekaterinburg.
As of 31 December 2019 (according to Knight Frank), the net sellable area of
projects in LSR Group's real estate portfolio amounts to 7.6 million m2 with
the market value of RUB 207 billion.
In accordance with its audited IFRS consolidated financial statements for
2019, LSR Group reported revenue of RUB110.4 billion, Adjusted EBITDA of
RUB21.0 billion and Net Profit of RUB7.5 billion.
Ordinary shares of the Company are traded on the Moscow Exchange (MOEX:
LSRG) and GDRs representing its ordinary shares are traded on the London
Stock Exchange (LSE: LSRG).
www.lsrgroup.ru [1]
ISIN: US50218G2066
Category Code: MSCH
TIDM: LSRG
LEI Code: 25340067LEEMJ79K8X43
OAM Categories: 3.1. Additional regulated information required to be
disclosed under the laws of a Member State
Sequence No.: 88031
EQS News ID: 1148822
End of Announcement EQS News Service
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(END) Dow Jones Newswires
November 17, 2020 10:00 ET (15:00 GMT)
