OREANDA-NEWS. April 04, 2014. Polymetal International plc (LSE, MOEX: POLY, ADR: AUCOY) (together with its subsidiaries – “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 USD 0.08 per share for the year ended 31 December 2013.

Dividend declaration

The Directors of Polymetal in accordance with Polymetal’s dividend policy are proposing the payment of a final dividend of USD 0.08 per ordinary share for the year ended 31 December 2013 (2012: USD 0.31), bringing the total dividend for the year to USD 0.09 per ordinary share. This will represent 30% of the Group’s underlying net income for the reporting period. The final dividend will be subject to shareholder approval at the Annual General Meeting of the Company to be held on 21 May 2014.

Assuming shareholder approval is received, the dividend will be paid on 30 May 2014 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 6 May 2014. Payments in pounds sterling will be based on the USD/GBP exchange rate determined by the Company on 7 May 2014 and announced immediately thereafter.

Details:
EX DIV DATE: 30 April 2014

RECORD DATE: 2 May 2014

LAST DATE FOR CURRENCY ELECTION: 6 May 2014

PAYMENT DATE: 30 May 2014

The Company’s issued share capital includes 389,472,865 ordinary shares.