Polymetal Announces Dividend Declaration of USD 0,31 Per Share
OREANDA-NEWS. April 12, 2013. Polymetal International plc (LSE: POLY) (together with its subsidiaries, including JSC “Polymetal” – “Polymetal”, the “Company”, or the “Group”) ”) is pleased to announce that the Board of Directors of the Company has recommended the payment of a final dividend of US\\$0.31 per share for the year ended 31 December 2012.
Dividend declaration
The Directors of Polymetal are proposing the payment of a final dividend of USD 0.31 per ordinary share for the year ended 31 December 2012 (2011: USD 0.20), bringing the total dividend for the year to USD 0.81 per ordinary share, including the special dividend announced on 5 December 2012.
The final dividend will be subject to shareholder approval at the Annual General Meeting of the Company to be held on 12 June 2013.
Assuming shareholder approval is received, the dividend will be paid on 19 June 2013 in US Dollars, with an option for shareholders to elect to receive the dividend in pounds sterling. Such election should be made not later than 20 May 2013. Payments in pounds sterling will be based on the USD /GBP exchange rate determined by the Company on 21 May 2013 and announced immediately thereafter.
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