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Acron Board of Directors Issues Dividend Recommendation

   In preparation for the annual general meeting to be held on 30 May 2019, Acron’s Board of Directors met on 7 May 2019 and considered the following agenda items:
  1. Reviewing Acron’s 2018 annual financial statements (accounts)
  2. Considering recommendations on Acron’s profit and loss distribution for 2018
  3. Paying (declaring) dividends for 2018, determining their amount and form of payment
  4. Considering the auditor’s reports on Acron’s 2018 statements
  5. Approving the terms and conditions of an agreement for Acron’s Registrar to act as counting commission at Acron’s annual general meeting on 30 May 2019
  6. Determining the Board’s position on agenda items for Acron’s annual general meeting
The Board of Directors recommended that the annual general meeting pay (declare) cash dividends of RUB 135 per Acron share for 2018. The total amount allocated for dividends is RUB 5,472 million.

The Board also proposed a record date of 11 June 2019 for persons entitled to dividends.

All the information to be provided to persons entitled to attend the shareholder meeting will be made available on the corporate website on 8 May 2019 and submitted to the central depositary. It will also be available at the Company’s offices.