ROS AGRO PLC announces the changes in the Board of Directors' recommendations of dividends
Further to the announcement of ROS AGRO PLC (Rusagro or the Company) on 28 February 2022 regarding the declaration of 2021 full year dividends in the amount of USD 256,954,882.32 and given that the Company has already paid interim dividends in the amount of USD 119,732,903.28, the outstanding amount for 2021 is USD 137,221,979.04 (USD 5.10 per share or USD 1.02 per GDR) (the "Outstanding 2021 Full Year Dividend"), the Company wishes to provide an update.
In the current circumstances, the Board of Directors ("the Board") no longer considers the payment of the Outstanding 2021 Full Year Dividend to be in the best interests of the Company and its shareholders. Given the uncertainties arising from the current situation in relation to Russia and Ukraine, the Board has decided to cancel the Outstanding 2021 Full Year Dividend.
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