Investor Presentaiton
Dividend Policy
The Company's Dividend Policy aims to increase
the transparency of the profit distribution and protect
the rights and interests of shareholders. The Company
has a Regulation on Dividend Policy approved
by the Board of Directors on 29 March 2019 (Minutes
No. 266 dated 1 April 2019).
The Policy is meant to provide sustainable dividend
payments to shareholders.
It rests on the following principles:
.
.
•
respecting shareholders' rights and interests, while
striking a balance with the Company's interests;
strengthening the Company's investment
attractiveness;
seeking to make cost-effective dividend decisions
to balance shareholders' short-term and long-term
interests and the Company's investment needs;
ensuring that the growth of the Company's net profit
contributes to the positive dynamics of dividend
payments;
.
making the information on the Company's Dividend
Policy available.
The recommended amount of dividends to be paid
is determined by the Company's Board of Directors,
based on the Company's financial performance.
And the final decision shall be made by the Company's
General Meeting of Shareholders.
In 2021, the Company made the first payments
of interim dividends for three, six and nine months
of 2021 under the resolution of the General Meeting
of Shareholders (Minutes no. 64 dated 30 June 2021;
Minutes no. 65 dated 9 September 2021; Minutes no. 66
dated 9 December 2021).
In 2021, the Company also paid dividends for 2020
(Minutes No. 64 dated 30 June 2021) at a rate of RUB 5
per ordinary share.
Share Buyback
On 2 July 2021, the Company announced the expansion
of its share buyback programme (the "Programme"). Within
the updated Programme, PJSC Russian Aquaculture
can repurchase its shares in the amount not to exceed
RUB 900 million. The Programme will be valid until
30 June 2022 or until the above maximum is reached,
whichever is the earliest.
The share buyback is carried out by PJSC Russian
Aquaculture's subsidiary - Russian Sea Aquaculture LLC.
The repurchased shares are planned for general corporate
needs, including a long-term employee incentive
programme.
Contacts for investors
and shareholders
Dividend period
2017
2018
Dividend amount per ordinary
Dividend type
share, RUB
No dividends accrued or paid
No dividends accrued or paid
Record date
Total dividends paid, RUB
2019
No dividends accrued or paid
6M 2020
5
cash
11/09/2020
2020
5
cash
11/07/2021
3M 2021
4
cash
11/07/2021
351,506,596
6M 2021
4
cash
21/09/2021
351,506,596
9M 2021
4
cash
20/12/2021
351,506,596
@
439,383,245
439,383,245
Andrey
BARANOV
Deputy CEO for Economics and Finance
4 Belovezhskaya str., 121353, Moscow, Russia
+7 (495) 258-99-28
[email protected]
Dividend history over the past five years
Grigory
MIRONENKO
Corporate Secretary
4 Belovezhskaya str., 121353, Moscow, Russia
☑+7 (495) 258-99-28
@[email protected]
www.russaquaculture.ru/en/
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