Amsterdam, 25 November 2021 – X5 Retail Group N.V. ("X5" or the "Company", LSE and MOEX ticker: FIVE), a leading Russian food retailer that operates the Pyaterochka, Perekrestok and Chizhik retail chains, is pleased to announce the declaration of an interim dividend for 9M 2021.
The interim dividend amounts to RUB 20 bn, or RUB 73.65 per GDR (gross amount subject to taxes and fees), which represents 57% of X5 Group's 9M 2021 net profit under IFRS 16. The record date for the dividend payment has been set as 17 December 2021 and the ex-dividend date is 16 December 2021. Dividends will be payable within 45 days of the announcement in accordance with the dividend policy.
X5 Group CEO Igor Shekhterman said: "X5 Group continues to implement its strategy aimed at delivering double-digit topline growth by expanding existing and new businesses. At the same time, we remain focused on digitalisation and our strategic commitment to be with our customers at every stage of their journey. This, combined with enhanced CVPs across our retail operations, has enabled us to deliver solid profitability as we grow our business. We continue to share our success with shareholders, paying out dividends in line with X5's dividend policy and the guidance we provided at our Capital Markets Day."
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