RNS Number : 4841G
30 May 2017
FOR IMMEDIATE RELEASE
30 May 2017
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 26 May 2017 its Board of Directors recommended the Annual General Meeting of shareholders ("AGM") to approve a dividend payment of RUB 650.4 million, representing 50% of undistributed net income under Russian Accounting Standards for 2016, or RUB 46.81 per ordinary share (one TransContainer ordinary share corresponds to ten GDRs).
On 4 October 2016, the Company paid out interim dividends for the first six months of 2016 in the total amount of RUB 1.31 billion, or 100% of the net income under Russian Accounting Standards for the first half of 2016.
Shareholders registered at the record date of 11 July 2017 will be entitled to receive a dividend payment.
First Deputy CFO
+7 495 637 9178
+7 495 609 6062
Galyna Kulachek/ Dinara Shikhametova
+44 (0) 20 7457 2020
TransContainer (LSE ticker: TRCN) is the leading intermodal container transportation company in Russia with a market share of approximately 47%. 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 at 31 March 2017, it owned and leased 23,432 flatcars and 68,453 ISO containers. TransContainer also owns a network of rail-side container terminals, located at 44 railway stations across Russia and operates one terminal in Slovakia under a long-term lease agreement. The Company's joint venture JSC Kedentransservice ("Kedentransservice", or "KDTS") also operates 19 inland rail-side terminals in Kazakhstan. The Company's sales network comprises of 111 sales outlets in Russia, along with additional outlets across 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.
This information is provided by RNS
The company news service from the London Stock Exchange