Dividends

Does Polymetal pay a dividend?

Yes, Polymetal has been paying a dividend since 2012 in accordance with the dividend policy.

What is your Dividend Policy? How often does the Company pay dividend?
  • Minimum final dividend of 50% of Underlying Net Income for 2H (subject to absolute Net debt/Adjusted EBITDA ceiling of 2.5x).
  • In addition, the Board will now have discretion to increase the final dividend amount to a maximum annual payout of 100% of Free Cash Flow (provided that it is greater than 50% of Underlying Net Income). In making this decision, the Board will consider, among other factors, the macroeconomic outlook, debt position and future investment requirements of the Group.
  • Interim dividend will remain at 50% of Underlying Net Income for 1H (subject to absolute Net debt/Adjusted EBITDA ceiling of 2.5x).
  • It may take some time from the date of payment to receive a dividend by shareholder. Please contact your broker for more information.
In what currencies are dividend payments made?

Polymetal’s dividends are declared in USD with an option for shareholders to elect to receive the dividend in pounds sterling or the euro.

What was the last dividend?

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.

Who do I contact if I haven’t received my dividend?

Please contact your broker.

What is meant by ‘record date’, ‘ex-dividend date’?

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

On what stock exchanges is Polymetal listed? What are its ticker symbols?

Company’s shares are listed on the Main Market of the London Stock Exchange, Moscow Stock Exchange and Astana International Exchange.

Our ticker symbols are:

  • LSE, MOEX, AIX: POLY
  • ADR: AUCOY

The Company has not issued any other publically traded securities or financial instruments including tokens.

Registrar/ Shareholder enquires
How to buy shares?

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.

Please note that https://www.polymetalinternational.com/ and https://www.polymetal.ru/ (auto-redirecting to https://www.polymetalinternational.com/ru/) are the two only official URLs of Polymetal International plc.

Other websites even if they resemble the official ones and/or contain full or a part of the Company’s name in their URL do not relate to Polymetal International plc or its subsidiaries.

Can I purchase shares directly from Polymetal?

No. If you would like to purchase shares, please, contact your brokerage firm.

When did Polymetal begin trading as a public company?

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.

Is Polymetal part of any indexes?

Yes, we are part of FTSE 100, FTSE Gold Mines, MSCI Russia, DJSI, Stoxx600, Stoxx Global ESG, FTSE4GOOD, Vigeo EM 70, RTS

Who is obliged to declare income to the tax authority and pay income tax for shares purchased on the Moscow Exchange?

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.

Does Polymetal have an established ADR program? How can I buy your ADRs?

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

Are you considering expanding into other countries apart from Russia and Kazakhstan?

The company’s geographical area of interest is CIS only.

What is the company’s hedging policy?

Polymetal’s policy is based on a no-hedge strategy. The company prefers to have full exposure to the upside in metal price.

ESG

Where can I find the information on Polymetal’s sustainability strategy and ESG performance progress?

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.

What are social and environmental impacts of mining?

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.

What are Polymetal’s ESG scores?

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.

How does Polymetal prevent tailings dam accidents at its operations?

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.

What is Polymetal’s exposure to physical climate risks related to the Company’s operations in permafrost regions?

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.

While the selected annual report is being downloaded, we want to draw your attention to the Sustainability Report. It provides detailed information on ESG indicators.

While the selected files are being downloaded, we want to draw your attention to the reports on the sustainable development of the company. They provide detailed information on ESG indicators.

You can also download historical data on sustainable development.

2019