Eurasia Mining Plc (“Eurasia” or the “Company”), the palladium, platinum, rhodium, iridium and gold producing company, is pleased to announce that the Board has adopted the Company’s Dividend Policy (the “Policy”) further to the requests from Eurasia’s shareholders.
The Policy extends the provisions of the Company’s Articles on the declaration and payment of a dividend.
The purpose of the Policy is to provide a high degree of transparency to Eurasia shareholders and other interested parties as regards the calculation of the dividend amount and to explain the principles applied by the Board for the preparation of the recommendation to the Company general meeting on the dividend amount.
The Board established that the target dividend amount shall be at least 80% of the Company’s adjusted net income (calculated as described in the Policy).
A copy of the Policy is available at http://www.rns-pdf.londonstockexchange.com/rns/5730X_1-2022-1-5.pdf and on Eurasia’s website at:
Christian Schaffalitzky, Executive Chairman of Eurasia commented: “The Directors are pleased to approve the Company’s Dividend Policy targeted at better governance and transparency, while we are implementing our strategy as announced “.
A copy of this announcement is also available on Eurasia’s website at:
For further information, please contact:
Eurasia Mining Plc
+44 (0) 20 7932 0418
Christian Schaffalitzky / Keith Byrne
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