In accordance with the Listing Rules and best corporate governance practices, Etalon Group’s Board of Directors approved three regulations – on the Board of Directors Audit Committee, the Internal Audit Service and the Corporate Secretary – as well as the Company’s Dividend Policy.
The main provisions of the Dividend Policy remain unchanged: the recommended dividend payout is at least 40% of adjusted net profit under International Financial Reporting Standards (IFRS) for the relevant period. The Company will aim to pay dividends to shareholders at least once a year.
Trading in shares of IPJSC Etalon Group is expected to begin in early September 2025, following the completion of all standard procedures stipulated by the Moscow Exchange rules for shares to be included in its Level 2 list. Moving to the Level 2 list will create better conditions for the start of trading, as it will expand the range of investors who will be able to purchase the Company’s shares, thereby increasing the liquidity of the securities.
This and other recent announcements are available on the Etalon Group website:
https://www.etalongroup.com/en/news/.
IR Team
About Etalon Group
Founded in 1987, today Etalon Group is one of the leading nationwide players in Russia’s development and housing construction sector. The Company develops real estate projects for the middle class in Moscow, the Moscow region and St Petersburg. The Company has been actively developing in eight regions across Russia since 2021, with large-scale projects under way in Omsk, the Novosibirsk region, Ekaterinburg, Tyumen and Kazan. With 37 years of successful operations and ongoing regional expansion, the Company remains one of the largest players in the Russian real estate market. Since its foundation, Etalon Group has delivered 9.2 mln sqm of real estate.
Thanks to its integrated business model, Etalon Group creates added value for customers and shareholders at every stage of development, from land plot analysis and acquisition to the operation and maintenance of existing properties. Etalon Group employs more than 6,000 people.
Etalon Group’s total assets comprise 27 projects under development, unsold inventory at completed residential complexes and commercial properties, with total unsold NSA of 5.5 million sqm, as well as a construction and maintenance division. According to Nikoliers, the value of Etalon Group assets as of 31 December 2024 was RUB 305 billion.
In 2024, Etalon Group’s new contract sales totalled 699 ths sqm, or RUB 146.2 billion.
The Company’s revenue in 2024 amounted to RUB 131 billion, with EBITDA of RUB 27.6 billion.
Etalon Group shares are traded on the Moscow Exchange (ticker ETLN) and have been included in the Level 2 quotation list since September 2025.