The Board of Directors (the “Board”) of PJSC Polyus (LSE, MOEX — PLZL) (“Polyus”, or the “Company”) is recommending the dividends for the second half of 2020 in the amount of 387.15 Russian roubles per ordinary share. The dividend amount and dividend record date is subject to approval by the Company’s annual general shareholders’ meeting convened on 27 May 2021.
The recommended dividend amount is equivalent to approximately $5.09 per ordinary share or $2.55 per depositary share. The total recommended dividend payout for the second half of 2020 will correspond to approximately $693 million, representing 30% of the Company’s EBITDA for the second half of 2020, in line with the Company’s dividend policy.
The dividend record date recommended by the Company’s Board is 7 June 2021.AGM
The Board has resolved to convene the AGM of PJSC Polyus.Date: 27 May 2021.
Format of the Meeting: Absentee voting.
Ballot submission deadline: 27 May 2021.
Record date (the date of drawing up the list of persons entitled to participate in the AGM): 04 May 2021.
Polyus
Polyus is the world’s fourth-largest gold mining company by production volumes and one of two gold miners with the largest attributable gold reserves. The company demonstrates the lowest production costs among major global gold producers. Its principal operations are located in Siberia and the Russian Far East: Krasnoyarsk, Irkutsk and Magadan regions and the Republic of Sakha (Yakutia).Investor and Media contact
Victor Drozdov, Director
Communications & Investor Relations (CIR) Department
+7 (495) 641 33 77
drozdovvi@polyus.com
Forward looking statement
This announcement may contain “forward-looking statements” concerning Polyus and/or Polyus group. Generally, the words “will”, “may”, “should”, “could”, “would”, “can”, “continue”, “opportunity”, “believes”, “expects”, “intends”, “anticipates”, “estimates” or similar expressions identify forward-looking statements. The forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from those expressed in the forward-looking statements. Forward-looking statements include statements relating to future capital expenditures and business and management strategies and the expansion and growth of Polyus’ and/or Polyus group’s operations. Many of these risks and uncertainties relate to factors that are beyond Polyus’ and/or Polyus group’s ability to control or estimate precisely and therefore undue reliance should not be placed on such statements which speak only as at the date of this announcement. Polyus and/or any Polyus group company assumes no obligation in respect of, and does not intend to update, these forward-looking statements, except as required pursuant to applicable law.