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1 Apr 2019 07:01
For immediate release 1 April 2019
Globaltrans Investment PLC
Final and Special Final Dividends
Globaltrans Investment PLC (together with its consolidated subsidiaries the "Company", "Globaltrans" or the "Group", LSE ticker: GLTR) today announces that:
· The Board of Directors has proposed final and special final dividends to shareholders in respect of 2018 of a combined RUB 8.3 billion or RUB 46.5 per share/GDR1.
o Final dividend payments are subject to shareholders' approval at the Annual General Meeting called for 22 April 2019.
o The shareholder dividend record date is set as 18 April 2019. The GDRs will be marked as ex-dividend on 17 April 2019.
· The total shareholder payment in respect of 2018 will be ahead of target at RUB 16.5 billion or RUB 92.4 per share/GDR (including the already paid interim and special interim dividends and the proposed final and special final dividends), 3% higher than the total payment in respect of 2017.
ENQUIRIES
Globaltrans Investor Relations
Mikhail Perestyuk / Daria Plotnikova
+357 25 328 860
irteam@globaltrans.com
For international media
Lightship Consulting
Laura Gilbert
+44 7799 413351
Laura.Gilbert@lightshipconsulting.co.uk
LEGAL DISCLAIMER
Some of the information in this announcement may contain projections or other forward-looking statements regarding future events or the future financial performance of Globaltrans. You can identify forward-looking statements by terms such as 'expect', 'believe', 'anticipate', 'estimate', 'intend', 'will', 'could', 'may' or 'might', the negative of such terms or other similar expressions. Globaltrans wishes to caution you that these statements are only predictions and that actual events or results may differ materially. Globaltrans does not intend to update these statements to reflect events and circumstances occurring after the date hereof or to reflect the occurrence of unanticipated events. Many factors could cause the actual results to differ materially from those contained in projections or forward-looking statements of Globaltrans, including, among others, general economic conditions, the competitive environment, risks associated with operating in Russia, rapid technological and market change in the industries Globaltrans operates in, as well as many other risks specifically related to Globaltrans and its operations.
1Global Depositary Receipt ("GDR"); Subject to shareholders' approval, final and special final dividends will be paid in USD with conversion from RUB to be executed at the official exchange rate for RUB of the Central Bank of Russia as of 19 April 2019.
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