RNS Number : 5540N
O'Key Group SA
02 September 2011
 



Press Release

2 September 2011

 

 

O'KEY GROUP ANNOUNCES INTERIM DIVIDEND OF USD 0.099481 PER SHARE

 

 

O'Key Group S.A., ("O'Key Group", "the Group" or "the Company"), one of the leading food retailers in Russia (LSE ticker: OKEY), today announces the decision to pay interim dividend for 1H 2011.  All related materials have been published on the company's website, www.okmarket.ru.

 

The Company is announcing today that the Board of Directors has approved an aggregate amount of distributable interim dividend of USD 26,787,750.59 in respect of the period from 1 January 2011 to 30 June 2011.

 

Dividend per Share in issue equals to USD 0.099481, rounded down to two digits after the decimal point, i.e. to the nearest cent.

 

The dividend payment will be made on 14 September 2011 to shareholders on the register on 12 September 2011. The ex-dividend date will be 14 September 2011.

 

 

 

 

 

 

 

 

____________________________________________________________________________________________

COMPANY OVERVIEW

 

"O'KEY" is one of the largest retail chains in Russia. Its primary retail format is the modern Western European hypermarket under the "O'KEY" brand, complemented by "O'KEY - Express" supermarkets.

 

The Company opened its first hypermarket in St. Petersburg in 2002 and has demonstrated continuous growth ever since.  As at 31 December 2010, O'KEY had 57 stores across Russia: 35 hypermarkets with an aggregate selling space of approximately 260,000 square meters and 22 supermarkets with an aggregate selling space of approximately 27,000 square meters.

 

In accordance with the audited consolidated financial statements for FY 2010, O'KEY's revenue was RUR 82,667 million, while its like-for-like revenue growth rate was 7.7% and EBITDA margin was 8.6%.

____________________________________________________________________________________________

For further information please contact:

 

Maksim Kravtsov                                                                                        Artem Glushenko

Head of Investor Relations                                                                       Head of Public Relations

Num. +7(495)6636677, ext. 220                                                              Num. +7(495)6636677, ext. 338

e-mail: ir@okmarket.ru                                                                             e-mail: corpcom@okmarket.ru

www.okmarket.ru                                                                                       www.okmarket.ru


This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
DIVDKBDDNBKDCCK