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Dividend Declaration

4 Jul 2016 10:49

RNS Number : 1366D
O'Key Group SA
04 July 2016
 

Press release

04 July 2016

 

O'KEY GROUP ANNOUNCES INTERIM DIVIDEND OF USD 0.08548 PER SHARE

 

O'KEY Group S.A. (LSE: OKEY), one of the largest Russian food retailers, today announces the decision of the Board of Directors to pay an interim dividend for the financial year 2016. This interim dividend will be reflected in consolidated financial statements of the Group for the year ending 31 December 2016.

 

The Board has approved the payment of an interim dividend for a total amount of USD 23,000,445.52 USD or 0.08548 per Share.

 

Record date and payment dates for the Depositary Receipt holders will be further announced by Bank of New York Mellon, Group's depositary bank.

 

All related materials have been published on the company's website, www.okeyinvestors.ru/shareholder/documents/  

 

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COMPANY OVERVIEW

O'KEY is one of the largest retail chains in Russia. Its primary retail format is the modern Western European style hypermarket under the "O'KEY" brand reinforced by O'KEY supermarket. The Group is developing the innovative discounter format under the "DA!" brand. O'KEY is the first among Russian food retailers to launch e-commerce operations in St. Petersburg and Moscow based on hypermarket assortment.

 

The Group opened its first hypermarket in St. Petersburg in 2002 and has demonstrated continuous growth ever since. As of 04 July 2016, O'KEY operates 156 stores across Russia: 71 hypermarkets, 37 supermarkets and 48 discounters.

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Disclaimer

These materials contain statements about future events and expectations that are forward-looking statements. These statements typically contain words such as "expects" and "anticipates" and words of similar import. Any statement in these materials that is not a statement of historical fact is a forward-looking statement that involves known and unknown risks, uncertainties and other factors which may cause our actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements.

None of the future projections, expectations, estimates or prospects in this announcement should be taken as forecasts or promises nor should they be taken as implying any indication, assurance or guarantee that the assumptions on which such future projections, expectations, estimates or prospects have been prepared are correct or exhaustive or, in the case of the assumptions, fully stated in this announcement. We assume no obligations to update the forward-looking statements contained herein to reflect actual results, changes in assumptions or changes in factors affecting these statements.

 

For further information please contact:

Nikolai Minashin, Head of Investor Relations

Ph. +7(495)663-6677, ext. 127

e-mail: Nikolay.Minashin@okmarket.ru 

www.okeyinvestors.ru

This information is provided by RNS
The company news service from the London Stock Exchange
 
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