INTER RAO Lietuva to pay a dividend of 35.5 euro cents per share

Shareholders of AB INTER RAO Lietuva approved during today’s Annual General Meeting a dividend payment of EUR 7.1 million (EUR 0.355 per share) for the year 2017. The dividend record date was scheduled for May 14 and the payout will be made on May 22.

The decision of the General Meeting is in line with the Management Board’s proposal and means that nearly the entire standalone net profit of AB INTER RAO Lietuva for 2017 was allocated to dividend payment. At the same time, the amount corresponds to almost 80% of Inter RAO Lietuva Group’s consolidated net profit for 2017, which reached nearly EUR 9 million.

“Inter RAO Lietuva has yet again delivered on its long-standing dividend policy and will distribute almost the entire net profit to shareholders for the fifth consecutive year. The company intends to continue its dividend policy in the coming years, unless significant and attractive investment opportunities appear,” said Giedrius Balčiūnas, the CEO of AB INTER RAO Lietuva.

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