Globaltrans announces the results of its Board of Directors’ meeting and the approval of Special Interim Dividend
18.04.2025
Globaltrans Investment PLC (the “Company” today announces that at a meeting duly convened and held at Office Unit 3, Floor 6, Al Sila Tower, Abu Dhabi Global Market Square, Al Maryah Island, Abu Dhabi, UAE on 18 April 2025 at 11:00 a. m. (UAE time) the Company’s Board of Directors passed the following resolutions:
1. to approve Condensed interim financial information of the Company for the period from 01 January 2025 to 17 April 2025;
2. to approve distribution of a special interim dividend (“Special Interim Dividend”) in the amount of RUB 335 per 1 ordinary share of the Company eligible to receive dividends, which amounts in total to RUB 59 736 616 765, given that the total amount of ordinary shares of the Company eligible to receive dividends is 178 318 259 with shares underlying the global depositary receipts held by the Company being treasury in nature and, as such, not eligible to receive dividends;
3. to approve the record date to determine list of persons eligible for the Special Dividend shall be 18 June 2025 (“Record Date”); and
4. to approve that the Special Interim Dividend shall be paid in Russian Rubles within 3 months from the Record Date.
In line with the previously announced intention to distribute as a special dividend all or substantially all of the proceeds from the asset sale transaction approved on 10 April 2025 (the “Asset Sale Transaction”), the total amount of special dividend approved today by the Company’s Board of Directors amounts to approximately 95% of the gross proceeds from the Asset Sale Transaction.
ENQUIRIES
For investors
Mikhail Perestyuk / Daria Plotnikova
+971 2 877 6840
irteam@globaltrans.com
For media
Anna Vostrukhova
+971 2 877 4166
media@globaltrans.com
EM
globaltrans@em-comms.com
LEGAL DISCLAIMER
Information contained in this announcement concerning the Company is for general information purposes only. The statements and any opinions presented herein are based on general information gathered at the time of writing and are subject to change without notice.
None of the Company nor any of its shareholders, directors, officers or any other person accepts any liability whatsoever for any loss howsoever arising from any use of the contents of this announcement or otherwise arising in connection therewith. This announcement does not constitute an offer or an advertisement of any securities in any jurisdiction. The distribution of this announcement in other jurisdictions may be restricted by law and any such restrictions should be observed.
This announcement may contain forward-looking statements regarding future events. You can identify forward looking statements by terms such as “expect”, “believe”, “estimate”, “anticipate”, “intend”, “will”, “could”, “may”, or “might”, the negative of such terms or other similar expressions. These forward-looking statements include matters that are not historical facts and statements regarding the Company’s intentions, beliefs or current expectations. By their nature, forward looking statements involve risks and uncertainties, because they relate to events and depend on circumstances that may or may not occur in the future. The Company cautions you that forward-looking statements are not guarantees of future performance and that Globaltrans’ actual results of operations, financial condition, liquidity, prospects, growth, strategies and the development of the industry in which Globaltrans operates may differ materially from those described in or suggested by the forward-looking statements contained in this announcement.
In addition, even if Globaltrans’ results of operations, financial condition, liquidity, prospects, growth strategies and the development of the industry in which the Company operates are consistent with the forward-looking statements contained in this announcement, those results or developments may not be indicative of results or developments in future periods. Unless otherwise set out herein, the Company does not intend to update this announcement or reflect events and circumstances occurring after the date hereof or to reflect the occurrence of unanticipated events. Many factors could cause actual results to differ materially from those contained in forward-looking statements of Globaltrans, including, among others, general economic conditions, the competitive environment, risks associated with operating in Russia, market changes in the Russian freight rail market, as well as many of the risks specifically related to Globaltrans and its operations. No reliance may be placed for any purposes whatsoever on the forward-looking statements contained in this announcement.