BELUGA GROUP shareholders meeting approves the amount of dividends for 2020
At the general shareholder meeting held on April 22, BELUGA GROUP shareholders approved the payment of dividends for 2020 in the amount of RUB 90 per share before tax, distributing 1 422 mln rubles in total. Taking into account the interim dividends paid for 1H2020, the total payment for the year will be RUB 100 per share before tax.
Thus, a total of RUB 1 233.7 mln * will be allocated to pay dividends on outstanding shares (excluding treasury shares**), which is 50.2% of BELUGA GROUP’s net consolidated profit for 2020 under IFRS.
The list of shareholders entitled to receive dividends will be drawn up as of May 6, 2021. The dividend payment period for nominee holders (custodians) shall be from May 7 till May 21, 2021 (no longer than 10 business days after the date of determining the persons entitled to receive dividends). Payment period for dividends owed to direcrt holders listed in the register of shareholders is from May 7 till June 11, 2021 (no longer than 25 business days upon the date of determining the persons entitled to receive dividends).*As of December 31, 2020, BELUGA GROUP held 3,471,745 quasi-treasury shares. ** In 1H2020 RUB 124.2 mln were allocated to pay dividends on outstanding shares (excluding treasury shares).