At a meeting held on 31 July 2018, NLMK Group’s (LSE: NLMK) Board of Directors recommended the Company’s shareholders approve payment of Q2’18 dividends of RUB 5.24 per share at the upcoming Extraordinary General Shareholder Meeting (EGM) which will be held on 28 September 2018.
NLMK Group (MICEX and LSE: NLMK) is pleased to announce an EBITDA growth of 13% qoq to a record $915 m. Net income grew by 16% qoq to $581 m.
At the Annual General Shareholders’ Meeting (AGM) held on 8 June 2018 in Lipetsk, NLMK shareholders approved the payment of FY2017 dividends of 14.04 rubles per share (considering the previously paid interim dividends, the amount outstanding to be paid for Q4 2017 is 3.36 rubles per share). Shareholders also approved the payment of dividends for Q1 2018 in the amount of 5.73 rubles per share.
The newly elected Board of Directors of NLMK Group held its first meeting today following the Annual General Shareholders’ Meeting. Vladimir Lisin was re-elected as Chairman of the Board.
At the Annual General Shareholders’ Meeting (AGM) held on 8 June 2018 in Lipetsk, NLMK shareholders voted to confirm Grigory Fedorishin as the Group’s President and Chief Executive Officer; and to elect a new Board of Directors, with a majority of independent directors (five seats out of nine).