Detsky Mir’s Shareholders Approved an Interim Dividends for 9 Months 2020

Moscow, Russia, 21 December 2020 – PJSC Detsky Mir (“Detsky Mir” or the “Company”, MOEX: DSKY), the largest children’s goods omnichannel retailer in Russia, announces the results of its Extraordinary General Meeting of Shareholders (EGM) that took place on 17 December 2020.

The EGM passed the following resolutions by absentee vote:

1. Approve an interim dividend payment of the entire net profit for 9 months 2020 of RUB 3,754,120,000 or RUB 5.08 per ordinary share. Thus, the total amount of paid dividends in 2020 increases by 11.3% year-on-year to RUB 7.8 bn, corresponding to around RUB 10.58 per ordinary share.

2. Set the record date for dividend for 28 December 2020. The Company plans to pay out the indicated dividends by the end of 2020.

At the same time, the EGM decided to retain the previous version of the Company’s charter, as well as number of members of the Board of Directors for 10 people.

For additional information:

The Detsky Mir Group of Companies (MOEX: DSKY) is an omnichannel retailer and the leader in the children’s goods sector in Russia. The Group comprises the Detsky Mir and the Detmir Pickup retail chains, the detmir.ru online store and marketplace, as well as the Zoozavr pet supplies retail chain. The Company operates a retail chain of 805 Detsky Mir stores located in 319 cities in Russia, Kazakhstan and Belarus, 13 Detmir Pickup stores, as well as 14 Zoozavr stores as of 30 November 2020. The total selling space was approximately 872,000 square meters.

Detsky Mir Group’s shareholder structure as of the date of this announcement is as follows: Free float[1] – 100%.  

Websites: detmir.ru, ir.detmir.ru   

([1]) Excluding quasi-treasury shares and shares held by management and directors (0.7% of total shares)