16 Mar 2016 15:00
PRESS RELEASE
March 16, 2016, Kyiv, Ukraine
MHP S.A.
Distribution of Dividends
Dear Shareholders,
The Board of Directors of MHP S.A. today announces a distribution of the interim dividend to the Company's shareholders.
After having carefully considered the performance of the Company during the financial year 2015 and one month period ended January 31, 2016, as evidenced in the consolidated financial statements for the year ended 31 December 2015 and in the interim accounts for the financial period ended January 31, 2016, the Board of Directors approved payment of the interim dividend of US$0.7529 per share, equivalent to approximately US$80 million.
The interim dividend of US$0.7529 per share equivalent to approximately US$80 million will be paid on March 31, 2016 (the "dividend payment date") to the Company's shareholders on the register as of March 29, 2016 (the "dividend record date"). The Board of Directors approved that no dividend will be paid on the Company's shares held in treasury.
The dividend payment will be subject to the deduction of Luxembourg withholding tax at the rate of 15%.
Shareholders who are eligible to either a reduced withholding tax rate or to a tax exemption may reclaim from the Luxembourg tax authorities the refunding of the partial or total amount of withholding tax, and are encouraged to seek additional information from their personal legal, tax and financial advisors.
For further information and Investor Relations enquiries please contact:
Anastasiia Sobotiuk (Kyiv)
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Kyiv: +38 044 207 00 04 a.sobotyuk@mhp.com.ua
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