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Interim Dividend Declaration

17 Feb 2012 12:57

RNS Number : 6506X
O'Key Group SA
17 February 2012
 



Press Release

17 February 2012

 

 

 

O'KEY GROUP ANNOUNCES INTERIM DIVIDEND OF USD 0.10254 PER SHARE

 

 

 

O'Key Group S.A., ("O'Key Group", "the Group" or "the Company"), one of the leading food retailers in Russia (LSE ticker: OKEY), today announces the decision to pay interim dividend for 2012. All related materials have been published on the company's website, www.okmarket.ru/en/investors.

 

The Company is announcing today that the Board of Directors has approved the payment of an interim dividend (2012) for an amount of USD 27,590,847.96.

 

Dividend per Share in issue equals to USD 0.10254, rounded down to two digits after the decimal point, i.e. to the nearest cent.

 

Local dividend payment will be made on February 17, 2012 to the shareholders on record on February 15, 2012.

  

 

 

 

____________________________________________________________________________________________

COMPANY OVERVIEW

 

"O'KEY" is one of the largest retail chains in Russia. Its primary retail format is the modern Western European hypermarket under the "O'KEY" brand, complemented by "O'KEY - Express" supermarkets.

 

The Company opened its first hypermarket in St. Petersburg in 2002 and has demonstrated continuous growth ever since. As at 31 December 2011, O'KEY operated 71 stores in 17 cities across Russia: 42 hypermarkets with an aggregate selling space of approximately 308,000 square meters and 29 supermarkets with an aggregate trading space of approximately 38,000 square meters. As of 31 December 2011 OKEY employed more than 19,000 people.

 

In accordance with the Company's unaudited consolidated financial statements for 1H 2011, O'KEY's revenue was RUR 42,798 million, like-for-like revenue growth rate was 4.8% and EBITDA margin was 6.5%.

____________________________________________________________________________________________

For further information please contact:

 

Maksim Kravtsov Artem Glushenko

Head of Investor Relations Head of Public Relations

Num. +7(495)6636677, ext. 220 Num. +7(495)6636677, ext. 338

e-mail: ir@okmarket.ru e-mail: corpcom@okmarket.ru

www.okmarket.ru www.okmarket.ru

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