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Acron Board of Directors Issues H1 2016 Dividend Recommendation

 Acron Board of Directors meeting, which took place on 18 August 2016, issued recommendation to the extraordinary general meeting to be held as absentee vote on 9 September 2016, to declare H1 2016 dividends of RUB 155 per ordinary share. Thus, the Company will allocate a total of RUB 6.3 billion for dividend payment.

The Board of Directors also proposed a record date for persons entitled to dividends: 20 September 2016.