MMC Norilsk Nickel (MNOD)
SHAREHOLDERS OF NORNICKEL APPROVED THE DIVIDEND FOR 9 MONTHS OF 2020
11-Dec-2020 / 14:30 MSK
Dissemination of a Regulatory Announcement that contains inside information
according to REGULATION (EU) No 596/2014 (MAR), transmitted by EQS Group.
The issuer is solely responsible for the content of this announcement.
PRESS RELEASE
December 11, 2020
Public Joint Stock Company «Mining and Metallurgical Company «NORILSK
NICKEL» (PJSC "MMC "Norilsk Nickel", "Nornickel" or the "Company") the
world's largest of palladium and high-grade nickel and a major producer of
platinum and copper.
SHAREHOLDERS OF NORNICKEL APPROVED THE DIVIDEND FOR 9 MONTHS OF 2020
Moscow - On 10 December 2020, Shareholders of Nornickel held the
Extraordinary General Meeting (EGM). The EGM approved the interim dividend
for the nine months of 2020 in the amount of RUB 623.35 per ordinary share
(approximately USD 7.74 at the RUB/USD exchange rate the Russian Central
Bank as of November 3, 2020, when the Board of Directors made a
recommendation on the dividend), totaling RUB 98.64 bn (approximately USD
1.2 bn).
The shareholders approved the dividend record date on 24 December 2020.
EGM materials are available on Nornickel website [1].
This announcement contains inside information in accordance with Article 7
of EU Regulation 596/2014 of 16 April 2014.
Full name and position of person making the announcement - Vladimir Zhukov,
Vice - president, Investor Relations
ABOUT THE COMPANY
MMC Norilsk Nickel is a diversified mining and metallurgical company, the
world's largest producer of palladium and high-grade nickel and a major
producer of platinum and copper. The company also produces cobalt, rhodium,
silver, gold, iridium, ruthenium, selenium, tellurium, sulphur and other
products.
The production units of Norilsk Nickel Group are located at the Norilsk
Industrial District, on the Kola Peninsula and Zabaykalsky Krai in Russia as
well as in Finland and South Africa.
MMC Norilsk Nickel shares are listed on the Moscow and on the
Saint-Petersburg Stock Exchanges, ADRs are traded over the counter in the US
and on the London, Berlin and Frankfurt Stock Exchanges.
Media Relations: Investor Relations:
Phone: +7 (495) 785 58 00 Phone: +7 (495) 786 83 20
Email: pr@nornik.ru Email: ir@nornik.ru
ISIN: US55315J1025
Category Code: MSCH
TIDM: MNOD
LEI Code: 253400JPTEEW143W3E47
Sequence No.: 89557
EQS News ID: 1154631
End of Announcement EQS News Service
1: https://eqs-cockpit.com/cgi-bin/fncls.ssp?fn=redirect&url=4c4573a1be343a79244e7b889eca215f&application_id=1154631&site_id=vwd&application_name=news
(END) Dow Jones Newswires
December 11, 2020 06:30 ET (11:30 GMT)