SUAL Requests Rusal for an Extraordinary Shareholders’ Meeting on Dividends

SUAL Requests Rusal for an Extraordinary Shareholders’ Meeting on Dividends

Minority Shareholder Calls for Dividend Distribution:

SUAL Partners, a significant minority shareholder of Rusal, has approached the aluminum company with a request for an extraordinary general shareholders’ meeting. The purpose is to discuss and potentially distribute dividends for the period of January to September 2023.

Upcoming Meetings Highlight Dividend Discussions:

The Board of Directors of Rusal will address SUAL’s request in their meeting scheduled for November 4. Furthermore, another board meeting is set for November 10, 2023, with an item on the agenda being the potential convening of a shareholder meeting to discuss dividends.

Shareholder Participation Details:

For those looking to partake in the shareholder meeting, be advised that the registration is anticipated to close on November 16.

Snapshot of Company Stakes:

Rusal stands as a prominent aluminum producer on the global scale, particularly outside China. It also holds the title of the primary aluminum producer within Russia. Major ownership lies with En+ Group, which boasts a 56.88% stake, and SUAL Partners following closely with 25.52%.

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