The first issue of the agenda "1 Recommendation to MMK's Annual General Meeting of Shareholders on the size of dividends on MMK's placed ordinary shares and the procedure for their payment based on the results of 2019 reporting year".

It is hereby resolved:

"Pursuant to subparagraph 11 of paragraph 1 of Article 65 of the Federal Law On Joint Stock Companies, to recommend to the annual General Meeting of Shareholders of PJSC MMK the size of dividends on PJSC MMK's placed registered ordinary shares based on performance results of 2019 reporting year, to be RUB 1.507 (tax included) per share.

The dividends shall be paid in monetary form, by money transfer within the period set by Federal Law "On Joint Stock Companies".

Pursuant to Clause 3 of Article 42 of the Federal Law "On Joint Stock Companies" and Clause 8.4 of MMK's Charter, the date on which those entitled to receive dividends are determined shall be set at a meeting of MMK's Board of Directors following the adoption of the resolution "On convening MMK's Annual General Meeting of Shareholders".

The second issue of the agenda "Approval of the transaction for disposal of MMK's immovable property. It is hereby resolved:

"To approve of the transaction for disposal of MMK's immovable property by way of sale."

2 To instruct the sole executive body, the General Director of MMK, to take all necessary actions".

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OAO MMK - Magnitogorskiy Metallurgicheskiy Kombinat published this content on 27 January 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 27 January 2022 11:28:07 UTC.