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Dividend Declaration

19 May 2015 08:18

RNS Number : 6101N
PJSC Transcontainer
19 May 2015
 



FOR IMMEDIATE RELEASE

PJSC TransContainer

19 May 2015

Dividend Recommendation

PJSC TransContainer ("TransContainer") (TRCN), Russia's leading intermodal container transportation and logistics company, announces that on 18 May 2015 its Board of Directors recommended the Annual General Meeting of shareholders ("AGM"), which will be held on 24 June 2015, to retain the dividend payout ratio at 25% of TransContainer's net income for the year 2014 under Russian Accounting Standards. A total dividend of RUB 986 million, or RUB 70.96 per ordinary share, is to be distributed to shareholders. One TransContainer ordinary share corresponds to ten GDRs.

Shareholders registered at the record date of 10 July 2015 will be entitled to receive a dividend payment.

Enquiries:

TransContainer

Andrey Zhemchugov, Director, Capital Markets and Investor Relations:

+7 495 637 9178, +7 495 609 6062

E-mail: IR@trcont.ru

Website: www.trcont.ru

Instinctif Partners

Tony Friend / Galyna Kulachek / Jenny Payne

+44 (0) 20 7457 2020

 

About TransContainer

TransContainer (LSE ticker: TRCN) is the leading intermodal container transportation company in Russia. It is the market leader in Russia by flatcar fleet size, container transportation by rail and rail-side container terminal throughput. As of 31 December 2014, it owned and operated about 27 thousand flatcars and more than 64 thousand ISO containers. It owns a network of 46 rail-side container terminals in Russia, 19 rail-side terminals in Kazakhstan (through its joint venture company KedenTransService) and operates one terminal in Slovakia. Company's sales network comprises about 130 sales offices across Russia as well as presence in the CIS, Europe and Asia. TransContainer is listed at Moscow Exchange and LSE. Company's major shareholder with 50% +2 shares is United Transportation and Logistics Company, established by Russian Railways, Belorussian Railway and Kazakhstan Temir Zholy.

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