Results of Cherkizovo Group PJSC Board of Directors Meeting

August 21, 2019

At the meeting, the Board of Directors of Cherkizovo Group PJSC (hereinafter – the Company): 

- Resolved to call the Extraordinary General Shareholders Meeting of the Company (hereinafter – the Meeting) and hold it on September 26, 2019 by means of absentee voting.

- Determined September 2, 2019 as the date of listing of persons entitled to participate in the Meeting, approved the agenda of the Meeting, procedure of notification of the shareholders about the Meeting, wording and form of the notice of the Meeting and a list of materials provided to the shareholders in preparation for the Meeting, approved draft resolutions on the agenda issues of the Meeting recommended by the Board of Directors, form of the voting ballot, wording of the resolutions provided to nominee shareholders and position of the Board of Directors on the agenda issues of the Meeting.

- Approved the recommendations to the Meeting regarding distribution of the Company's profit following the results of the first half of 2019 in the form of dividend payment in in the amount of 48 rubles 79 kopecks per ordinary share. Recommended to establish the date as at which the persons possessing a right to obtain the dividends shall be determined: October 7, 2019.

 

Wording of resolutions adopted on the agenda issues and voting results will be disclosed in the form of a corportae action notice on resolutions adopted by the Board of Directors

For more information, please, visit the website of Cherkizovo Group www.cherkizovo.com


Investor Relations

Andrey Novikov

+7 495 6602440 x 15430

a.novikov@cherkizovo.com

 

Media

+7 495 6602440

pr@cherkizovo.com

 

About Cherkizovo Group

Cherkizovo Group is the largest meat producer in Russia. The Group is a top-3 producer in each of the Russian poultry, pork and processed meat markets.

The Company encompasses seven poultry meat production facilities (also Belaya Ptitsa facility operated by the Company on a leasehold basis), sixteen modern pork production facilities, five meat processing plants (also our partner`s facility “Samson Foods”, where the Company has participation interest), two slaughter lines, nine feed mills, twelve elevators, 290,000 hectares of agricultural land and a full cycle turkey production facility in Tambov, managed and operated as a joint venture with Grupo Fuertes, one of the leading Spanish agri-food companies.

Vertical integration of the Group lets combine grain growing and storage, feed production, animal and poultry growing and slaughter, meat processing and distribution all over Russia, ensuring long-term sales and profitability growth.

Cherkizovo Group shares are traded on the Moscow Exchange (MOEX).