REG - Polymetal Int PLC - Dividend declaration of US$ 0.14 per share <Origin Href="QuoteRef">POLYP.L</Origin>

Polymetal International PKAnnouncement

29/08/2017 07:10

RNS Number : 1353P
Polymetal International PLC
29 August 2017
Release time
IMMEDIATE
Date
29 August2017
Polymetal International plc
Dividend declaration of US$ 0.14 per share 
Polymetal International plc (LSE, MOEX: POLY, ADR: AUCOY) (together with its subsidiaries - "Polymetal", the "Company", or the "Group") is pleased to announce that the Board of Directors of the Company has resolved to pay an interim dividend ofUS$ 0.14 per share for the six months ended 30June2017.
Dividend declaration
The Directors of Polymetal in accordance with Polymetal's dividend policy have resolved to pay an interim dividend ofUS$ 0.14 per ordinary share (approx. US$60 million) for the six months ended 30June2017 (1H 2016: US$ 0.09) which represents 50% of the Group's underlying net earnings for 1H 2017. The dividend will be paid on 29 September 2017 in US Dollars, with an option for shareholders to elect to receive the dividend in pounds sterling. Such election should be made not later than 11 September 2017. Payments in pounds sterling will be based on the US$/GBP exchange rate determined by the Company on 14 September 2017 and announced immediately thereafter.
Details:
EX DIV DATE:  7 September 2017
RECORD DATE:  8 September 2017
LAST DATE FOR CURRENCY ELECTION:  11 September 2017
PAYMENT DATE:  29 September 2017
The Company's issued share capital includes 430,112,661 ordinary shares.
Enquiries
Media
Investor Relations
FTI Consulting 
Leonid Fink 
Viktor Pomichal
+44 20 3727 1000
Polymetal
Evgenia Onuschenko
Maryana Nesis
Michael Vasiliev 
ir@polymetalinternational.com
+44 20 7016 9505 (UK)
+7 812 334 3666 (Russia)
Joint Corporate Brokers
Morgan Stanley
Sam McLennan
Richard Brown

Panmure Gordon 
Adam James 
Tom Salvesen
+44 20 7425 8000
+44 20 7886 2500
RBC Europe Limited
Tristan Lovegrove
Marcus Jackson
+44 20 7653 4000
FORWARD-LOOKING STATEMENTS
THIS RELEASE MAY INCLUDE STATEMENTS THAT ARE, OR MAY BE DEEMED TO BE, "FORWARD-LOOKING STATEMENTS". THESE FORWARD-LOOKING STATEMENTS SPEAK ONLY AS AT THE DATE OF THIS RELEASE. THESE FORWARD-LOOKING STATEMENTS CAN BE IDENTIFIED BY THE USE OF FORWARD-LOOKING TERMINOLOGY, INCLUDING THE WORDS "TARGETS", "BELIEVES", "EXPECTS", "AIMS", "INTENDS", "WILL", "MAY", "ANTICIPATES", "WOULD", "COULD" OR "SHOULD" OR SIMILAR EXPRESSIONS OR, IN EACH CASE THEIR NEGATIVE OR OTHER VARIATIONS OR BY DISCUSSION OF STRATEGIES, PLANS, OBJECTIVES, GOALS, FUTURE EVENTS OR INTENTIONS. THESE FORWARD-LOOKING STATEMENTS ALL INCLUDE MATTERS THAT ARE NOT HISTORICAL FACTS. BY THEIR NATURE, SUCH FORWARD-LOOKING STATEMENTS INVOLVE KNOWN AND UNKNOWN RISKS, UNCERTAINTIES AND OTHER IMPORTANT FACTORS BEYOND THE COMPANY'S CONTROL THAT COULD CAUSE THE ACTUAL RESULTS, PERFORMANCE OR ACHIEVEMENTS OF THE COMPANY TO BE MATERIALLY DIFFERENT FROM FUTURE RESULTS, PERFORMANCE OR ACHIEVEMENTS EXPRESSED OR IMPLIED BY SUCH FORWARD-LOOKING STATEMENTS. SUCH FORWARD-LOOKING STATEMENTS ARE BASED ON NUMEROUS ASSUMPTIONS REGARDING THE COMPANY'S PRESENT AND FUTURE BUSINESS STRATEGIES AND THE ENVIRONMENT IN WHICH THE COMPANY WILL OPERATE IN THE FUTURE. FORWARD-LOOKING STATEMENTS ARE NOT GUARANTEES OF FUTURE PERFORMANCE. THERE ARE MANY FACTORS THAT COULD CAUSE THE COMPANY'S ACTUAL RESULTS, PERFORMANCE OR ACHIEVEMENTS TO DIFFER MATERIALLY FROM THOSE EXPRESSED IN SUCH FORWARD-LOOKING STATEMENTS. THE COMPANY EXPRESSLY DISCLAIMS ANY OBLIGATION OR UNDERTAKING TO DISSEMINATE ANY UPDATES OR REVISIONS TO ANY FORWARD-LOOKINGSTATEMENTSCONTAINEDHEREIN TO REFLECT ANY CHANGE IN THE COMPANY'S EXPECTATIONS WITH REGARD THERETO OR ANY CHANGE IN EVENTS, CONDITIONS OR CIRCUMSTANCES ON WHICH ANY SUCH STATEMENTS ARE BASED

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