The Ukrainian Metal

Russia: Norilsk Nickel BD recommends interim dividend for 9 months of 2016

PJSC «MMC «Norilsk Nickel», the largest global nickel and palladium producer, reports that its Board of Directors calls an Extraordinary General Meeting of shareholders (EGM) on December 16.

The Board of Directors has recommended for the EGM approval an interim dividend payment for nine months of 2016 in the amount of 444.25 rubles (approximately $6.95) per one ordinary share.

The Board of Directors has set the EGM record date (the list of shareholders eligible to vote) on November 21, and has proposed to set the interim dividend record date (the list of shareholders entitled to the interim dividend) on December 28.

The interim dividend distribution will amount to approximately $1.1 billion. (NorNickel/Ukrainian metal)

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