PJSC LukOil Board Recommends dividends distribution for 2018 (0765X)
April 25 2019 - 3:58AM
UK Regulatory
TIDMLKOD
RNS Number : 0765X
PJSC LukOil
25 April 2019
LUKOIL BOARD OF DIRECTORS RECOMMENDS DIVIDEND DISTRIBUTION FOR
2018
At today's meeting in Bukhara, the Republic of Uzbekistan, the
Board of Directors of PJSC LUKOIL (hereinafter the Company) made
recommendations to the Annual General Shareholders Meeting on the
amount of dividends on PJSC LUKOIL shares for 2018.
The Annual General Shareholders Meeting was recommended to
approve final dividend distribution for 2018 in the amount of RUB
155 per ordinary share. Considering the previously paid interim
dividends, total dividend per share for 2018 amounts to RUB 250,
which represents a 16% increase compared to the previous year
dividend of RUB 215 per share. The dividend record date is proposed
to be July 9, 2019.
In addition, at the meeting of the Board of Directors of PJSC
LUKOIL a progress report on the Company's international projects in
the Exploration and Production business segment was presented and
amendments to the principal terms and conditions of the contract
with the President of PJSC LUKOIL were approved.
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END
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April 25, 2019 03:58 ET (07:58 GMT)
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