Moscow, August 27, 2020 — PIK Group, the leading Russian residential developer in Russia, announces that its Board of Directors recommended a dividend totaling RUB 15 billion as distribution of retained earnings for the previous periods. The recommended dividend amounts to RUB 22.71 per ordinary share.
Shareholder approval of the dividend is expected at the Company’s AGM, which is scheduled for September 30, 2020. The record date for AGM participation is September 6, 2020. The Board has recommended October 12, 2020 as the dividend record date.
The payment date is recommended October 22, 2020 for nominees and Nevember 16, 2020 for all other registered shareholders.
Investors: Polina Kurshetsova, Tel: +7 495 505 97 33 ext. 3785, E-mail: firstname.lastname@example.org
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