The NLMK Group Annual General Meeting was held in Lipetsk on June 2.
NLMK shareholders approved the payment of dividends for FY 2016 in the amount of 9.22 rubles per ordinary share. Taking into account the interim dividends paid for January-September 2016 in the amount of 5.84 rubles per ordinary share, the amount outstanding to be paid in dividends for Q4 2016 is 3.38 rubles per ordinary share. Shareholders also approved the payment of dividends for Q1 2017 in the amount of 2.35 rubles per ordinary share.
The date upon which the shareholders entitled to receive dividends for Q4 2016 and Q1 2017 will be determined was set as June 14. (NLMK/Ukrainian metal)