RNS Number : 6101N
19 May 2015
PJSC TransContainer ("TransContainer") (TRCN), Russia's leading intermodal Transportation equipment for shipping cargo via various means of transport. Containers are durable enough for repeated use and can be stacked. Containers are divided into medium-duty (three- and five-tonne), which conform to former Soviet Union standards and are still used for shipments in Russia and the CIS, and ISO (20- and 40-foot) containers, which are used for Russian and international shipments. The universal standard unit TEU (twenty-foot equivalent unit) was introduced to measure transport flow volumes.
container transportation and The process of organising a chain of delivery, and managing that chain in the broadest sense. This chain may encompass both deliveries of raw materials needed for production and management of material resources at an enterprise, delivery to warehouses and distribution centres, sorting, handling, and final distribution at the points of consumption. In the context of transportation services, the main service is that of delivering cargo across a delivery route.
logistics company, announces that on 18 May 2015 its Board of Directors recommended the Annual General Meeting of shareholders ("AGM"), which will be held on 24 June 2015, to retain the dividend payout ratio at 25% of TransContainer's net income for the year 2014 under Russian Accounting Standards. A total dividend of RUB 986 million, or RUB 70.96 per ordinary share, is to be distributed to shareholders. One TransContainer ordinary share corresponds to ten GDRs.
Shareholders registered at the record date of 10 July 2015 will be entitled to receive a dividend payment.
Andrey Zhemchugov, Director, Capital Markets and Investor Relations:
+7 495 637 9178, +7 495 609 6062
Tony Friend / Galyna Kulachek / Jenny Payne
+44 (0) 20 7457 2020
TransContainer (LSE ticker: TRCN) is the leading intermodal container transportation company in Russia. It is the market leader in Russia by A specialised type of rolling stock designed to carry ISO containers.
flatcar fleet size, container transportation by rail and rail-side A place equipped for the trans-shipment and storage of containers. A container terminal
typically includes one or more container yards. Rail-based container terminals are equipped with spur tracks for loading and unloading containers to/from railroad platforms (cars).
container terminal throughput. As of 31 December 2014, it owned and operated about 27 thousand flatcars and more than 64 thousand ISO containers. It owns a network of 46 rail-side container terminals in Russia, 19 rail-side terminals in Kazakhstan (through its joint venture company KedenTransService) and operates one terminal in Slovakia. Company's sales network comprises about 130 sales offices across Russia as well as presence in the CIS, Europe and Asia. TransContainer is listed at Moscow Exchange and LSE. Company's major shareholder with 50% +2 shares is United Transportation and Logistics Company, established by Russian Railways, Belorussian Railway and Kazakhstan Temir Zholy.
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