Last checked at 2 Sep 2011 14:24
Press Release
2 September 2011
O'KEY GROUP ANNOUNCES INTERIM DIVIDEND OF USD 0.099481 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 1H 2011. All related materials have been published on the company's website, www.okmarket.ru.
The Company is announcing today that the Board of Directors has approved an aggregate amount of distributable interim dividend of USD 26,787,750.59 in respect of the period from 1 January 2011 to 30 June 2011.
Dividend per Share in issue equals to USD 0.099481, rounded down to two digits after the decimal point, i.e. to the nearest cent.
The dividend payment will be made on 14 September 2011 to shareholders on the register on 12 September 2011. The ex-dividend date will be 14 September 2011.
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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 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 2010, O'KEY had 57 stores across Russia: 35 hypermarkets with an aggregate selling space of approximately 260,000 square meters and 22 supermarkets with an aggregate selling space of approximately 27,000 square meters.
In accordance with the audited consolidated financial statements for FY 2010, O'KEY's revenue was RUR 82,667 million, while its like-for-like revenue growth rate was 7.7% and EBITDA margin was 8.6%.
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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