OREANDA-NEWS. Mobile TeleSystems PJSC (“MTS” or the “Company” – NYSE: MBT; MOEX: MTSS), the leading telecommunications provider in Russia and the CIS, announces the decisions reached at the Company’s Extraordinary General Meeting of Shareholders (the “EGM”) held on September 30, 2016.

At the meeting, the following resolutions were adopted:

  • To approve semi-annual dividends of RUB 11.99 per ordinary MTS share (RUB 23.98 per ADR), or a total of RUB 23.961 billion (RUB 23,960,595,084.25) on the basis of the Company’s H1 2016 financial and operating results;
  • To set the record date for the Company’s shareholders and ADR-holders entitled to receive dividends for October 14, 2016.

The dividend payment will be completed before November 21, 2016. 

Mobile TeleSystems PJSC (“MTS” - NYSE:MBT; MOEX:MTSS) is the leading telecommunications group in Russia, Central and Eastern Europe. We provide wireless Internet access and fixed voice, broadband and pay-TV to over 100 million customers who value high quality of service at a competitive price. Our wireless and fixed-line networks deliver best-in-class speeds and coverage throughout Russia, Ukraine, Armenia, Turkmenistan and Belarus. To keep pace with evolving customer demand, we continue to grow through innovative products, investments in our market-leading retail platform, mobile payment services, e-commerce and IT solutions.