August 15, 2017. Moscow, Russia.
RusHydro Group (hereinafter referred to as the “Group”,
ticker symbol: MOEX, LSE: HYDR; OTCQX: RSHYY) announces that it has
fully paid the dividend for 2016.
The total amount of dividend paid was RUB
19,875,502,787.41. The number of shares eligible for receiving the
dividend for the full year of 2016 was 426,288,813,551.
The total amount of dividend distributed to
nominal shareholders and qualified institutional investors was RUB
7,516,778,449.93, the total amount of dividend to other groups of
shareholders was RUB 12,303,566,923.89 (after tax).
Due to the fact that PJSC RusHydro and JSC VTB
Registrar are missing correct banking or postal details of some
shareholders, dividend to these shareholders was returned to the
company in compliance with the current legislation. In accordance
with the federal law after 3 years unclaimed dividend should be
recovered as part of undistributed profit, and the company’s
obligations in respect of these dividend payments will be
On June 26, 2017, the Annual General Meeting of
Shareholder of RusHydro resolved to pay dividends for 2016 in the
amount of RUB 0.0466245 per share or 50% of RusHydro Group’s
consolidated net profit under IFRS. The dividend record date was set
at July 10, 2017. Total amount for 2016 was almost RUB 5 bn higher
than in 2016. Dividend per share has increased by 20%.