Vladimir Potanin made another offer partners “Norilsk Nickel” the refusal of payment of dividends for 2020, limiting their minimum level of $1 billion, Mr. Potanin explains that the necessity of liquidation of consequences of accident with a spill of diesel fuel at TPP-3 under the Norilsk. According to experts, “RUSAL”, which is due to the dividends MMC covers the mortgage payments, will reject the proposal. After the announcement of the proposal of the company’s shares fell by 3.9%.The head of Norilsk Nickel Vladimir Potanin have proposed that the joint agreement waive the payment of dividends for the year 2020, and the final dividend for the year 2020 to limit a minimum level of $1 billion, reported “Interfax”. The representative of “Interros” Vladimir Potanin confirmed this information “Kommersant”. Mr. Potanin has declared “to Interfax” that “the decision to reduce payments will enable shareholders to show solidarity with the company.”Mr. Potanin sent a letter to RUSAL, founded by Oleg Deripaska, and Crispian Roman Abramovich and Alexander Abramov, in which he indicated that the accident at TPP-3 under the Norilsk will have a significant impact on the financial performance of the company. “Interros” owns about 34% of Norilsk Nickel shares, “RUSAL” — 27,8%, Crispian — 4,2%.5 Jun during communication with the President Vladimir Potanin said that the company will assume all expenses on liquidation of consequences of leak, the damage from which is estimated at RUB 10 billion and will pay a fine, “how many counted”. June 9 during the conference call, senior Vice President of MMC Sergei Malyshev said that the company does not expect changes in the dividend policy because of the costs of the liquidation of the accident. “The impact on the total volume of all capital investments will be limited, perhaps they will grow on 5-10%. As for the dividend, I hope our policy will not change,” he said. Capex of Norilsk Nickel scheduled for this year in the amount of $2.5 billion, we are talking about the sum of $125-250 million this year, Vladimir Potanin, has already made an offer to its partners to freeze payments because of the crisis in global markets and falling prices for metals. “During the crisis no need to annoy people high dividends, he explained in an interview with “Komsomolskaya Pravda” in April.— It is better to create reserves. So this year I suggested that the main shareholders to consider the postponement of the payment of dividends until you resolve the situation. But the support from colleagues from RUSAL received. Therefore, in accordance with the agreement, we have a formula that has a minimum dividends that we must pay, we will pay”. Dividends from the MMC cover payments on the debt of “RUSAL”. In 2019, the dividends from Norilsk Nickel amounted to $1.1 billion, payments on loans of about $600 million “Colleagues I can also understoods, they have their own financial difficulties, they substantially solve at the expense of dividends, “Norilsk Nickel”,”— said Vladimir Potanin.Irina Elizarovskaya from Raiffeisenbank believes that “RUSAL” will refuse the new proposal of Vladimir Potanin. The company has a high debt, and the price of aluminium is now at the lows. “B” sent a request “RUSAL”.On the background of the proposal of Vladimir Potanin MMC shares accelerated the fall. On the Moscow stock exchange shares fell 3.9% to $ 19.5 thousand RUB Eugene Zainullin
