JSC URALKALI (URKA) - Uralkali Board recommends interim dividend payment RNS Number : 2490P JSC Uralkali 22 October 2012 October 22, 2012 Uralkali Board recommends interim dividend payment Following a meeting held on 22 October 2012, the Board of Directors (the "Board") of Uralkali (LSE: URKA), one of the world's largest potash producers, announced that it has taken the following decisions: · The Board has resolved to convene an Extraordinary General Meeting of Shareholders ("EGM") in the form of absentee voting on 12 December 2012. Shareholders registered as at the record date of 6 November 2012 will be eligible to participate in the EGM. · The Board has recommended that the EGM approve an interim dividend payment in the amount of RUB 4.71 per share (approximately USD 0.77 per GDR^1), relating to undistributed profit of the previous years, amounting to approximately RUB 13.8 billion (approximately USD 449 million). This equals approximately 53% of the Company's net IFRS profit for the six months ended on 30 June 2012. · In addition, the Board has appointed Pavel Vakhnin as Uralkali's IT Director and a member of the Management Board starting from 5 November 2012. ^1According to the exchange rate of Central Bank of Russia as on 22 October 2012, USD 1= RUB 30.78 Uralkali (www.uralkali.com) is one of the world's largest potash producers with a market share of about 20%. The Company's assets consist of 5 mines and 7 ore-treatment mills situated in the towns of Berezniki and Solikamsk (Perm Territory, Russia). Uralkali employs ca. 12,500 people (in the main production unit). Uralkali's shares and GDRs are traded on the RTS-MICEX and LSE, respectively. Enquiries: Investor Relations Anna Batarina, CFA Head of Investor Relations and Capital Markets, Uralkali Tel.: +7 (495) 730 2371 E-mail: firstname.lastname@example.org Media Relations Alexander Babinsky Head of Public Relations, Uralkali Tel.: +7 (495) 730 2371 E-mail: email@example.com www.facebook.com/UralkaliURKA www.twitter.com/UralkaliNEWS This announcement is not intended to, and does not constitute, or form part of, an offer to sell or an invitation to purchase, exchange or subscribe for any securities in any jurisdiction. This announcement does not constitute a prospectus or a prospectus equivalent document. The release, publication or distribution of this announcement in jurisdictions other than the United Kingdom may be restricted by law and therefore any persons who are subject to the laws of any jurisdiction other than the United Kingdom should inform themselves about, and observe, any applicable requirements. This announcement has been prepared for the purposes of complying with English law and the information disclosed may not be the same as that which would have been disclosed if this announcement had been prepared in accordance with the laws and regulations of any jurisdiction outside of England. This information is provided by RNS The company news service from the London Stock Exchange END STRBKBDQQBDDBKB -0- Oct/22/2012 14:42 GMT
JSC URALKALI URKA Uralkali Board recommends interim dividend payment
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