6 Apr 2018 15:47
FOR IMMEDIATE RELEASE
PJSC TransContainer
6 April 2018
Dividend Recommendation
PJSC TransContainer ("TransContainer") (TRCN), Russia's leading intermodal container transportation and logistics company, announces that on 6 April 2018 its Board of Directors recommended the Annual General Meeting of shareholders ("AGM") to approve a dividend payment of RUB 4,071.7 million, representing 75% of undistributed net income under Russian Accounting Standards for 2017, or RUB 293.04 per ordinary share (one TransContainer ordinary share corresponds to ten GDRs).
Shareholders registered at the record date of 28 May 2018 will be entitled to receive a dividend payment.
TransContainer | |||
Andrey Zhemchugov First Deputy Chief Financial Officer | +7 495 637 9178+7 495 609 6062 |
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ir@trcont.ru |
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Website | www.trcont.ru |
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Instinctif Partners | |||
Galyna Kulachek/ Dinara Shikhametova | +44 (0) 20 7457 2020 |
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About TransContainer
TransContainer (LSE ticker: TRCN) is the leading intermodal container transportation company in Russia with a market share of approximately 46%. It is the market leader in Russia by flatcar fleet size, container transportation by rail and rail-side container terminal throughput. As at 31 December 2017, it owned and leased 25,251 flatcars and 69,595 ISO containers. TransContainer also owns a network of rail-side container terminals, located at 42 railway stations across Russia and operates one terminal in Slovakia under a long-term lease agreement. The Company's joint venture JSC Kedentransservice ("Kedentransservice", or "KDTS") also operates 19 inland rail-side terminals in Kazakhstan. The Company's sales network comprises of 104 sales outlets in Russia, along with additional outlets across the CIS, Europe and Asia. TransContainer is listed at Moscow Exchange and LSE. The Company's major shareholder with 50% +2 shares is United Transportation and Logistics Company, established by Russian Railways, Belorussian Railway and Kazakhstan Temir Zholy.