MHP paid USD 77 mln of dividends

During the nine-month period ended 30 September 2018, the agro-industrial holding Myronivsky Hliboproduct (MHP) paid dividends to shareholders of approximately USD 77 million.

On 6 March 2018, the Board of Directors of MHP SE approved payment of an interim dividend of USD 0.7492 per share, equivalent to approximately USD 80 million, on 26 April 2018 to shareholders on the register as of 20 April 2018. The Board of Directors approved that no dividend will be paid on the company’s shares held in treasury.

The Board of Directors of MHP SE also acknowledged the consent of WTI Trading Limited (the company's major shareholder) for dividends to be paid later than on the declared dividend payment date (but not later than 1 November 2018), with no interest accrued on the amount of dividend paid later.

Previously it was reported that MHP had improved its revenue for 9M 2018 by 17% to USD 1.14 billion (9M 2017: USD 970 million).