17 Nov 2020 15:00
PJSC LSR Group (LSRG) PJSC LSR Group announces the dividend payment for the 1H2020 17-Nov-2020 / 16:00 CET/CEST Dissemination of a Regulatory Announcement, transmitted by EQS Group. The issuer is solely responsible for the content of this announcement. Announcement of the dividend payment
St. Petersburg, Russia - 17 November 2020 - PJSC LSR Group ("LSR" or the "Company") (LSE: LSRG; MOEX: LSRG), one of the leading real estate developers and building materials producers in Russia, announces that today the Company distributed dividends for the first six months of the year 2020, in accordance with the previous resolution of the Extraordinary General Meeting of Shareholders ("EGM") held on 30 September 2020.
The EGM resolved to: Approve a dividend payment of RUB 2,061 million or RUB 20 per ordinary share for the first half of 2020. Shareholders registered at the record date of 12 October 2020 were entitled to receive a dividend payment.
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About LSR Group: PJSC LSR Group is a real estate development and building materials company founded in 1993 and operating in a number of complementary market segments. Its core business areas are production of building materials and real estate development and construction. LSR Group's main operations are located in St. Petersburg and Leningrad Region, Moscow and Moscow region and Yekaterinburg. As of 31 December 2019 (according to Knight Frank), the net sellable area of projects in LSR Group's real estate portfolio amounts to 7.6 million m2 with the market value of RUB 207 billion. In accordance with its audited IFRS consolidated financial statements for 2019, LSR Group reported revenue of RUB110.4 billion, Adjusted EBITDA of RUB21.0 billion and Net Profit of RUB7.5 billion. Ordinary shares of the Company are traded on the Moscow Exchange (MOEX: LSRG) and GDRs representing its ordinary shares are traded on the London Stock Exchange (LSE: LSRG). www.lsrgroup.ru |
| ISIN: | US50218G2066 |
| Category Code: | MSCH |
| TIDM: | LSRG |
| LEI Code: | 25340067LEEMJ79K8X43 |
| OAM Categories: | 3.1. Additional regulated information required to be disclosed under the laws of a Member State |
| Sequence No.: | 88031 |
| EQS News ID: | 1148822 |
| End of Announcement | EQS News Service |
UK Regulatory announcement transmitted by DGAP - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement.