NCSP’s BoD recommends payment of RUB 0.2336 per share as dividends for 2014

NCSP Group announces that PJSC NCSP’s Board of Directors approved the decision to distribute as dividends retained earnings accumulated prior to 2014 in the total amount of 4,499,092,877.44 rubles at the rate of 0.2336 rubles per share. The decision was taken at a meeting held on 12 May 2015.

NCSP Group is the largest port operator in Russia and the third-largest in Europe, in terms of cargo turnover. NCSP Group cargo turnover in 2014 totalled 131 million tonnes. Consolidated revenue to IFRS in 2014 totalled USD 956 million and EBITDA was USD 569 million. NCSP Group consolidates the following companies: PJSC Novorossiysk Commercial Sea Port, LLC Primorsk Trade Port, PJSC Novorossiysk Grain Terminal, OJSC Novorossiysk Ship Repair Yard, OJSC NCSP Fleet, OJSC NLE, OJSC IPP, CJSC Baltic Stevedore Company, and CJSC SFP.