Cherkizovo may not pay dividends for 2021

The board of directors of Cherkizovo recommended not to pay dividends for 2021. This is stated in the materials of the company.

"Net profit based on the results of 2021 (with the exception of profit distributed as dividends based on the results of 6 months of 2021) should not be distributed. Dividends on ordinary shares of the company based on the results of 2021 should not be declared or paid," the company said.

As previously reported, on February 17, the board of directors of Cherkizovo recommended dividends for 2021 in the amount of 130.27 rubles. per share in addition to already declared dividends in addition to interim dividends of RUB 85.27. per share announced in August 2021. The annual meeting of Cherkizovo shareholders was supposed to take place at the end of March, but was postponed to June 30. Shareholders registered in the register as of June 6 will be able to take part in the voting.

The authorized capital of "Cherkizovo" is divided into 42 million 222 thousand 042 shares with a par value of 1 kopeck. The main shareholders of the company are the general DIRECTOR of Cherkizovo Sergey Mikhailov, the chairman of the board of directors Evgeny Mikhailov and Lidia Mikhailova (in aggregate, they own about 90% of the group's shares). The Spanish company Grupo Fuertes owns 11.12% of the company's shares.