23rd Mar 2017 05:50
JSC VTB Bank / Miscellaneous - Medium Priority VTB Supervisory Council issues dividend recommendation 23-March-2017 / 07:50 CET/CEST Dissemination of a Regulatory Announcement, transmitted by EquityStory.RS, LLC - a company of EQS Group AG. The issuer is solely responsible for the content of this announcement. Press release 23 March 2017 VTB Supervisory Council issues dividend recommendationOn 22 March 2017, VTB Bank's Supervisory Council passed a resolution recommending that the Annual General Meeting (AGM) of the bank's shareholders announce a dividend of RUB 0.00117 per ordinary share. The total dividend on ordinary shares will amount to RUB 15.2 bn.The Supervisory Council also recommended that the AGM pass a resolution to pay out RUB 11.1 bn in dividends on Type 1 preference shares, or RUB 0.00052 per share. The recommended dividend on Type 2 preference shares is RUB 18.1 bn, or RUB 0.00588849 per share.In addition, the Supervisory Council proposed to the AGM to approve 10 May 2017 as a cut-off date for determining the list of persons eligible for 2016 dividend payment. The AGM of VTB Bank will be held on 26 April 2017 at the Oktyabrsky Grand Concert Hall at 6 Ligovsky Prospekt, St Petersburg. The AGM agenda and relevant materials will be published on VTB Bank website and passed to shareholders via their nominees within the timeframe specified by the Russian law. The EquityStory.RS, LLC Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.dgap.de/ukreg |
| Language: | English |
| Company: | JSC VTB Bank |
| 12, Presnenskaya emb. | |
| Moscow | |
| Russia | |
| Phone: | +7 (495) 739-77-99 |
| Fax: | +7 (495) 739-77-99 |
| E-mail: | [email protected] |
| Internet: | www.vtb.com |
| ISIN: | US46630Q2021 |
| Listed: | Foreign Exchange(s) London |
| Category Code: | MSCM |
| TIDM: | VTBR |
| LEI Code: | 253400V1H6ART1UQ0N98 |
| Sequence No.: | 3981 |
| End of Announcement | EquityStory.RS, LLC News Service |
557349 23-March-2017
UK-Regulatory-announcement transmitted by DGAP - a service of EQS Group AG.The issuer is solely responsible for the content of this announcement.
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