16.06.2021
One of the leading gold and tin producers in Russia PJSC Seligdar (Seligdar, Holding or Company; MOEX: SELG, SELGP) held an Annual General Meeting of Shareholders on June 15, 2021 in the form of absentee voting. The shareholders approved the Annual Report and Financial Statements for 2020, decided on profit distribution, appointed an auditor, elected members of the Board of Directors and the Internal Audit Commission.
The Board of Directors was elected as follows:
Shareholders of Seligdar approved dividend on ordinary and preferred shares based on the 2020 results:
Adjusted for previously paid interim dividend for the 9 months of 2020 in the amount of RUB 2.55 per ordinary share and RUB 2.25 per preferred share, the final dividend to be paid will be:
Total amount paid for dividend in 2020 including interim dividend comprised RUB 4,466 million.
The date to determine persons entitled to receive dividend is set June 25, 2021.
Schedule of dividend payments:
About Seligdar
Public Joint Stock Company Seligdar (Seligdar, Holding or Company) is a holding company engaged mainly in gold and tin mining and processing business. Seligdar has mines and processing facilities in the Republic of Sakha (Yakutia), in the Republic of Buryatia, Altai, Orenburg and Khabarovsk Regions and Chukotka. Seligdar has come a long way, which began in 1975 with the foundation of the Seligdar Prospectors ' Association. Today, the Company ranks 11th among the largest Russian gold producers. In 2020, Seligdar expanded its territory of presence by obtaining a license for the Pyrkakay Stockworks deposit in Chukotka and became one of the top five global companies with largest tin reserves.
Seligdar’s gold production exceeded 7 tons in 2020, production of tin in concentrate amounted to 2,539 tons. The Sustainable Development Strategy for 2018 - 2024 assumes an increase in gold production up to 10 tons and in production of tin in concentrate up to 6 thousand tons.