Report of Foreign Issuer Pursuant to Rule 13a-16 or 15d-16 (6-k)
July 30 2021 - 9:20AM
Edgar (US Regulatory)
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 6-K
Report
of Foreign Private Issuer
Pursuant to Rule 13a-16 or 15d-16 of
the Securities
Exchange Act of 1934
For the month of July,
2021
Commission File Number: 001-15094
Mobile TeleSystems PJSC
(Translation of registrant’s name
into English)
4, Marksistskaya Street
Moscow 109147
Russian Federation
(Address of principal executive offices)
Indicate by check mark whether the registrant files or will
file annual reports under cover Form 20-F or Form 40-F.
Form
20-F x Form 40-F ¨
Indicate by check mark if the registrant is submitting the Form
6-K in paper as permitted by Regulation S-T Rule 101(b)(1): ¨
Indicate by check mark if the registrant is submitting the Form
6-K in paper as permitted by Regulation S-T Rule 101(b)(7): ¨
MTS Board Recommends H1 2021 Dividend
July 30,
2021
MOSCOW,
Russia – Mobile TeleSystems PJSC (“MTS” or “the Company”) (NYSE: MBT; MOEX: MTSS), Russia’s largest
mobile operator and a leading provider of media and digital services, announces the Company’s Board of Directors (“BoD”
or “the Board”) has recommended a semi-annual dividend payment based on H1 2021 financial results.
During a meeting on July 29,
2021 the Board reached the following decisions:
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To call for and set September 30, 2021 as
the date of an Extraordinary General Meeting of shareholders (“the EGM”) to be held in absentia.
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To set the record date for the Company’s
shareholders entitled to participate in the EGM as August 27, 2021.
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To recommend that the EGM approves semi-annual
dividends of RUB 10.55 per ordinary MTS share (RUB 21.10 per ADR), or a total of RUB 21.1 billion (RUB 21,082,925,616.25), based
on H1 2021 financial results.
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To recommend that the EGM set the record date
for shareholders entitled to receive dividends for H1 2021 as October 12, 2021.
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To approve the agenda for the EGM, as well as
procedures surrounding the preparation and organization of the EGM.
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To approve amended versions of the Company’s
Code of Business Conduct & Ethics, Policy on Compliance with Anti-Corruption Legislation, and Policy on Managing Conflicts of
Interest.
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Additional materials
related to the EGM will be published by August 30, 2021 on the MTS Investor Relations website at:
http://ir.mts.ru/about-mts/corporate-governance/shareholders-meeting/
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For further information, please contact in Moscow:
Investor Relations Department
Mobile TeleSystems PJSC
Tel: +7 495 223 2025
E-mail: ir@mts.ru
Learn more about MTS. Visit the official
blog of the Investor Relations Department at www.ir.mts.ru/ir-blog
* * *
Mobile TeleSystems PJSC (“MTS” -
NYSE: MBT; MOEX: MTSS), Russia’s leading mobile connectivity and digital services provider, offers a range of mobile, fixed-line,
and digital services. We serve over 80 million mobile subscribers in Russia, Armenia, and Belarus, and about 9 million customers in Russia
of fixed-line services, including fixed voice, broadband internet, and pay-TV.
To keep pace with evolving customer demand, MTS is redefining
what telecommunications services are by offering innovative products beyond its core network-related businesses in various tech segments,
including Big Data, financial and banking services, internet of things, OTT, cloud computing, systems integration and e-commerce. We leverage
our market-leading retail network as a platform for customer services and sales of devices and accessories. MTS maintains its leadership
in the Russian mobile market in terms of revenue and profitability. MTS is majority-owned by Sistema PJSFC. Since 2000, MTS shares have
been listed on the New York Stock Exchange and since 2003 - on the Moscow Exchange. For more information, please visit: www.ir.mts.ru.
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Some of the information in this
press release may contain projections or other forward-looking statements regarding future events or the future financial performance
of MTS, as defined in the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. You can identify forward
looking statements by terms such as “expect,” “believe,” “anticipate,” “estimate,” “intend,”
“will,” “could,” “may” or “might,” and the negative of such terms or other similar expressions.
We wish to caution you that these statements are only predictions and that actual events or results may differ materially. We do not
undertake or intend to update these statements to reflect events and circumstances occurring after the date hereof or to reflect the
occurrence of unanticipated events. We refer you to the documents MTS files from time to time with the U.S. Securities and Exchange Commission,
specifically the Company’s most recent Form 20-F. These documents contain and identify important factors, including those
contained in the section captioned “Risk Factors” that could cause the actual results to differ materially from those contained
in our projections or forward-looking statements, including, among others, the severity and duration of current economic and financial
conditions, including volatility in interest and exchange rates, commodity and equity prices and the value of financial assets; the impact
of Russian, U.S. and other foreign government programs to restore liquidity and stimulate national and global economies, our ability
to maintain our current credit rating and the impact on our funding costs and competitive position if we do not do so, strategic actions,
including acquisitions and dispositions and our success in integrating acquired businesses, potential fluctuations in quarterly results,
our competitive environment, dependence on new service development and tariff structures, rapid technological and market change, acquisition
strategy, risks associated with telecommunications infrastructure, governmental regulation of the telecommunications industries and other
risks associated with operating in Russia and the CIS, volatility of stock price, financial risk management and future growth subject
to risks.
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SIGNATURES
Pursuant to the requirements
of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned,
thereunto duly authorized.
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MOBILE TELESYSTEMS PJSC
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By:
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/s/ Vyacheslav Nikolaev
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Name:
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Vyacheslav Nikolaev
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Title:
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CEO
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Date:
July 30, 2021
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