The Board of Directors has recommended for the AGM approval the final dividend for the financial year 2017 in the amount of RUB 607.98 per ordinary share (approximately USD 9.87 at the RUB/USD exchange rate the Russian Central Bank as of May 24, 2018). The Board of Directors has proposed to set the dividend record date (the list of shareholders entitled to the dividend) on July 17, 2018. The final dividend in total will amount to RUB 96.2 bn (approximately USD 1,562 mln at the RUB/USD exchange rate of the Russian Central Bank as of May 24, 2018). Taking into account the interim dividend paid for six months 2017 (for a total amount of USD 600 mln) the total dividend distribution for the year 2017 will amount to USD 2,162 mln. |