06.12.2016

HMS Group announces results of its Board of Directors meeting

Moscow, Russia – December 6, 2016 - HMS Hydraulic Machines & Systems Group PLC (LSE: HMSG, the "HMS Group") announces that the Company's Board of Directors held an ordinary meeting (the "Meeting") at Sun Hall Hotel Athens Avenue 6, 6302, Larnaca, Cyprus on December 05, 2016. Seven of eight of the Company's Directors were present at the Meeting.

The following significant matters were considered, discussed and approved at the Meeting:

1. Nine months 2016 IFRS Financial Statements review;

2. Interim dividends payment in respect of the nine months of 2016 in the amount of 3.41 RUB per one ordinary share, amounting to a total dividend of 399,527,286.07 RUB (the "Dividends"). The Dividends will be paid on January 26, 2017, to shareholders on the Company's register at close of business (UK time) on January 12, 2017 (the "Record Date");

3. The Group's Strategy up to 2022;

4. The List of participants of the Long-term Incentive Program (the "Program") for the Group's key executives for 2017;

5. New terms of a current work contract with Mr. Artem Molchanov, Managing Director (CEO) of HMS Group.

About HMS Group
HMS Group is the leading pump and compressor manufacturer, as well as provider of flow control solutions and related services for the oil and gas, petrochemistry, nuclear and thermal power generation, water and wastewater sectors in Russia and the CIS headquartered in Moscow, Russia. HMS Group’s products are mission-critical elements of projects across a diverse range of industries. HMS has a listing on the London Stock Exchange in the form of global depositary receipts (LSE: HMSG).

For further information, please contact:

Inna Kelekhsaeva
Deputy Head of Capital markets
Tel: +7 (495) 730-66-01
capital-markets@hms.ru
Alexander Rybin
Head of Capital markets
Tel: +7 (495) 730-66-01
capital-markets@hms.ru