REG - Ros Agro PLC - Dividend Declaration Changes

Ros AgroAnnouncement

10/03/2022 14:15

For best results when printing this announcement, please click on link below:
http://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20220310:nRSJ3859Ea&default-theme=true

RNS Number : 3859E  Ros Agro PLC  10 March 2022

ROS AGRO PLC announces the changes in the Board of Directors' recommendations
of dividends

 

Further to the announcement of ROS AGRO PLC (Rusagro or the Company) on 28
February 2022 regarding the declaration of 2021 full year dividends in the
amount of USD 256,954,882.32 and given that the Company has already paid
interim dividends in the amount of USD 119,732,903.28, the outstanding amount
for 2021 is USD 137,221,979.04 (USD 5.10 per share or USD 1.02 per GDR) (the
"Outstanding 2021 Full Year Dividend"), the Company wishes to provide an
update.

 

In the current circumstances, the Board of Directors ("the Board") no longer
considers the payment of the Outstanding 2021 Full Year Dividend to be in the
best interests of the Company and its shareholders. Given the uncertainties
arising from the current situation in relation to Russia and Ukraine, the
Board has decided to cancel the Outstanding 2021 Full Year Dividend.

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
 or visit
www.rns.com (http://www.rns.com/)
.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
.   END  DIVJMMITMTBBBTT