Moscow, Russian Federation – MTS PJSC (“MTS” – NYSE: MBT; MOEX: MTSS), the leading telecommunications provider in Russia and the CIS, announces that it has paid semi-annual dividends based on H1 2017 financial results.
The dividend for H1 2017 amounted to RUB 20.8 bln or RUB 10.4 per ordinary MTS share (RUB 20.8 per ADR). MTS paid the dividends based on H1 2017 financial results in the amount of RUB 14.2 bln. Dividends were not paid to Sistema PJSFC in the amount of RUB 6.6 bln due to the suspension of its rights to receive income on the arrested securities of MTS PJSC based on the Enforcement Ordinance in relation to Sistema PJSFC dated from June 26, 2017.
The total amount of dividends reached RUB 52.0 bln, or RUB 26 per share, for 2017 calendar year. As a result, MTS has fulfilled the target of RUB 25.0-26.0 per ordinary share (RUB 50.0-52.0 per ADR) that was set under the dividend policy in April 2016.
* * *
For further information, please contact in Moscow:
Joshua B. Tulgan
Director, Department of Corporate Finance and Investor Relations
Mobile TeleSystems PJSC
Tel: +7 495 223 2025
Learn more about MTS. Visit the official blog of the Investor Relations Department at www.mtsgsm.com/blog/