April 12, 2018, Limassol, Cyprus
Distribution of Dividends
The Board of Directors of MHP SE today announces a distribution of an interim dividend to the Company's Shareholders.
After having carefully considered the performance of the Company during the financial year 2017 and two months period ended February 28, 2018, as evidenced in the consolidated financial statements for the year ended 31 December 2017 and in the interim accounts for the financial period ended February 28, 2018, the Board of Directors approved payment of an interim dividend of US$0.7492 per share, equivalent to approximately US$80 million.
The interim dividend of US$0.7492 per share, equivalent to approximately US$80 million, will be paid on April 26, 2018 (the "dividend payment date") to the Company's shareholders whose name is entered in its register of members as of April 20, 2018 (the "dividend record date"). The Board of Directors approved that no dividend will be paid on the Company's shares held in treasury.
The Board of Directors of MHP SE also acknowledged the consent of WTI Trading Limited (the Company's major shareholder) to be paid later than the dividend payment date (but not later than November 01, 2018) with no interest accrued on the amount of dividend paid later.
There would be no Cyprus withholding tax on the interim dividend payable to non-Cyprus tax resident Shareholders of MHP SE.
Shareholders, whose personal income is subject to withholding tax in their country of residency, have to seek additional information from their personal legal, tax and financial advisors.
Please address any questions or concerns to:
Anastasiia Sobotiuk (Kyiv)
Director of IR & Company Secretary
+38 044 207 00 70
+38 050 339 29 99
John Grant (London)
Senior Independent Director
+44 (0)7768 465042
This information is provided by RNS