The Board of Directors of IDGC of the North-West, JSC has recommended to the annual General Meeting of Shareholders to pay dividend on ordinary shares of the Company following 2012 financial year results in an amount of 0.0001614 RUR per ordinary share of the Company in monetary form within 60 days upon such dividend payment decision.
Additionally taken at the session that took place on May 20 was decision on allocation of the Company profit (loss) for 2012 financial year. The unallocated profit of the Company amounting to 61.8 mln RUR is to be allocated as follows:
• profit for development – 43.3 mln RUR;
• dividend – 15.5 mln RUR;
• reserve fund – 3 mln RUR.
The annual General Meeting of Shareholders of IDGC of the North-West has been appointed for June 21, 2013.