BSPB’s EGM resolved to approve RUB 1.6 bn dividend payout

BSPB summed up the results to the Extraordinary General Shareholders Meeting of Bank Saint Petersburg held on November 30, 2020 in a form of remote voting, following the regulator’s recommendations.

Bank’s shareholders took a decision regarding the order of dividend payout. Dividends will be paid out in the amounts as follows: (the dividend payout amount calculated based on 20% of IFRS FY 2019 net income):

•RUB 3.33 per ordinary share;

• RUB 0.11 per preferred share.

The source of payout is retained earnings. Total dividend payout amounts to RUB 1.6 bn. Dividend record date is December 11th, 2020.

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