The Lenzoloto board of directors, a part of Polyus, suggests its shareholders to spend 11.884 million rubles to pay dividends for 2016.
It is suggested to pay 34.18 rubles per premium share and pay nothing for ordinary shares. The registry of shareholders entitled to dividends will be closed on July 11. The final decision on dividends payment will be taken at the annual meeting on June 29.
In 2016 Lenzoloto received 481.37 million rubles of net losses against the 3.478 billion rubles of net profit in 2015. (Ukrainian metal)
