Yes, Polymetal has been paying a dividend since 2012 in accordance with the dividend policy.
Dividends
- Regular dividends are paid in the amount of 50% of underlying net earnings for the period, on a semi-annual basis (previously — 30%).
- The regular dividend is subject to a hard ceiling of Net debt / Adjusted EBITDA ratio below 2.5x;
- The Board considers the potential for a special dividend on an annual basis. The special dividend decision is based, among other factors, on available free cash flow (post regular dividends), forward-looking financial projections, market outlook, and other relevant factors.
The Company has been paying a special dividend in 2012, 2014, 2015 and 2016, respectively.
Polymetal’s dividends are declared in USD with an option for shareholders to elect to receive the dividend in pounds sterling or the euro.
Polymetal’s last dividend was the final dividend for FY 2019 paid on 29 May 2020 in the amount of US$ 0.42 per share.
Please contact your broker.
Record date is a date by which a shareholder must officially own shares in order to be entitled to a dividend.
Ex-dividend date is the first day of trading when the buyer of a stock is no longer entitled to the most recently announced dividend payment.
Stock and shareholder information
Company’s shares are listed on the Main Market of the London Stock Exchange and Moscow Stock Exchange.
Our ticker symbols are:
- LSE, MOEX: POLY
- ADR: AUCOY
Our registrars Computershare, maintains the name, address and holding details for all Polymetal’s shareholders. If you have a query about your shareholding please contact Computershare via their Investor Centre web-site.
https://www-uk.computershare.com/investor/default.asp?bhjs=1&fla=0&cc=JE&lang=en
In order to buy shares, you will need to contact your chosen brokerage firm, open an account with them and choose the shares you would like to invest in.
No. If you would like to purchase shares, please, contact your brokerage firm.
On November 2, 2011 Polymetal International plc was admitted to trading on the Official List of the London Stock Exchange raising US$ 763m from the IPO.
On June 17, 2013 Polymetal has become the first foreign issuer of shares to be included to MICEX index.
Yes, we are part of FTSE 100, FTSE Gold Mines, MSCI Russia, DJSI, Stoxx600, Stoxx Global ESG, FTSE4GOOD, Vigeo EM 70, RTS
According to the Russian legislation, shareholders must declare income on foreign shares and pay income tax themselves. Dividends are paid by the Company on a gross basis. Some brokers, however, withhold income tax when transfer dividends to a shareholder account. The availability of this option must be confirmed with your own broker.
Polymetal launched a sponsored Level 1 ADR program in the United States in 2013. The ADRs have been traded on the US over-the counter ("OTC") market since August 27, 2013 under the ticker symbol AUCOY.
Polymetal ADRs are US dollar negotiable certificates representing ordinary shares of the Company. Each ADR represents one ordinary share of the Company. The Bank of New York Mellon has been appointed as the depositary bank for the ADR program.
Polymetal ADR details
- Trading Market: OTC
- CUSIP Number: 73178Q105
- ISIN Number: US73178Q1058
- ADR Ticker Symbol: AUCOY
- Ratio: 1 ADR: 1 share
Strategy
The company’s geographical area of interest is CIS only.
Polymetal’s policy is based on a no-hedge strategy. The company prefers to have full exposure to the upside in metal price.
ESG
Polymetal yearly discloses qualitative and quantitative information on ESG in the Sustainability Report which is prepared in accordance with the GRI SRS and SASB Standard and is aligned with TCFD recommendations. The report is assured by PwC. We also disclose historical quantitative data in our Sustainability Datapack.
All of the above can be found in the Data Center via the link.
Our Code of Conduct, as well as Human Rights, Community Engagement, Environmental, Health and Safety, Anti-Bribery and other policies are available at our website.
We have identified key impact areas of mining and we are working to maximise our positive and minimise any negative impacts, aligning them to the UN Sustainable Development Goals and setting targets to measure our progress. Explore our Impact and the UN SDGs Report via the link.
Polymetal’s ESG performance is regularly assessed by the world’s leading agencies and raters, such as S&P, MSCI ESG Ratings, FTSE Russell, Sustainalytics, ISS-Oekom and others. The current scores are reflected in our most recent ESG presentation and in Sustainability section of our website.
To date, there have been no environmental accidents involving tailings facilities at the Company’s operations in Russia or Kazakhstan. Our investigations confirmed that any emergency failure at our dams would have no impact on settlements, buildings, structures or facilities where communities or employees may be present. However, in light of incidents in our wider industry, in 2019, we published our first Tailings Storage Facilities Report which provides the detailed information on each facility, associated risks and mitigation measures.
As one third of our total reserves is situated in permafrost regions of Russia, we pay particular attention to physical risks attributable to the changing climate. To inform our stakeholders on our exposure to risks related to permafrost operations and how we manage them, we have issued a separate permafrost FAQ available in the Sustainability section of our website.