VTB Bank shareholders have the right to receive a share of the bank’s net profit in the form of dividends. Dividends are calculated based on the bank’s net profit as reported in the bank’s financial statements. Dividend amount is determined by a recommendation of the Supervisory Council and further approved by the General meeting of shareholders.
The bank’s Annual General Meeting of June 24, 2016 approved the dividend for 2015 of RUB 0,00117 per ordinary registered share with a nominal value of RUB 0,01, a dividend of RUB 0,00000421776668385314 per one preferred share with a nominal value of RUB 0,01, and a dividend of RUB 0,00580330726027317 per one preferred type A share with a nominal value of RUB 0,1.
The extraordinary general meeting of shareholders adopted the decision on dividend payment for 9 months of 2016 in the amount of RUB 0.0581369 per one outstanding Type 2 preference share of VTB Bank with a nominal value of RUB 0,1.
Shareholders also approved the following dividend payout schedule:
Dividends for 2015 and 9 months of 2016 are to be paid in cash equivalents, with the amount of dividends accrued per one shareholder of VTB Bank (PJSC) to be calculated with the accuracy of one kopeck and subject to rounding.
Dividends will be paid within the following timeframe and will be based on the record date:
Shareholders whose shares are registered in the shareholder register and who previously opted to receive dividends in cash, are advised to change their way of collecting dividends by asking the bank’s registrar, JSC VTB Registrar, to make the necessary changes to their account information.
Under Clause 5 of Article 44 of Federal Law No