Globaltrans announces dividend record date
Globaltrans Investment PLC (“The Company” or together with its consolidated subsidiaries “Globaltrans” or “The Group”) (LSE ticker: GLTR) announces that subject to shareholders’ approval of the dividend at the Annual General Meeting (“AGM”) to be held on 24 April 2017, the shareholder dividend record date is set as 24 April 2017. The Global Depository Receipts (“GDRs”) will be marked as ex-dividend on 21 April 2017.
Following AGM approval, dividends on the Company’s shares will be paid in US dollars not later than 10 May 2017 with conversion from Russian roubles to be executed at the official exchange rate of the Central Bank of Russia as of the date of the AGM. Holders of GDRs will receive the dividends approximately three business days after the payment date.
Globaltrans Investor Relations
Mikhail Perestyuk / Daria Plotnikova
+357 25 328 860
For international media
Teneo Blue Rubicon
Laura Gilbert / Sabine Pirone
+44 20 7260 2700
NOTES TO EDITORS
Globaltrans is a leading freight rail transportation group with operations in Russia, the CIS and the Baltic countries. The Group’s main business is the provision of freight rail transportation services. Globaltrans provides services to more than 500 customers and its key customers include a number of large Russian industrial groups in the metals and mining and the oil products and oil sectors.
The Group has a Total Fleet of about 68.5 thousand units. Universal gondola cars and rail tank cars constitute the backbone of the Group’s fleet. About 89% of the Total Fleet is owned by the Group with an average age of 10.3 years. In 2016, the Group’s Freight Rail Turnover (including Engaged Fleet) was 182.0 billion tonnes-km. The Group’s market share was 7.8% of overall Russian freight rail turnover.
Globaltrans' global depositary receipts (ticker symbol: GLTR) have been listed on the Main Market of the London Stock Exchange since May 2008. Globaltrans was the first freight rail transportation group with operations in Russia to have an international listing.
To learn more about Globaltrans, please visit www.globaltrans.com
Some of the information in this announcement may contain projections or other forward-looking statements regarding future events or the future financial performance of Globaltrans. You can identify forward-looking statements by terms such as 'expect', 'believe', 'anticipate', 'estimate', 'intend', 'will', 'could', 'may' or 'might', the negative of such terms or other similar expressions. Globaltrans wishes to caution you that these statements are only predictions and that actual events or results may differ materially. Globaltrans does not intend to update these statements to reflect events and circumstances occurring after the date hereof or to reflect the occurrence of unanticipated events. Many factors could cause the actual results to differ materially from those contained in projections or forward-looking statements of Globaltrans, including, among others, general economic conditions, the competitive environment, risks associated with operating in Russia, rapid technological and market change in the industries Globaltrans operates in, as well as many other risks specifically related to Globaltrans and its operations.