Press release
Annual General Shareholders Meeting of JSC Lenenergo made a decision to direct 25 % of net profit for 2013 on dividends payment
On June 23, 2014 the Annual General Shareholders Meeting of JSC Lenenergo was held during which the following issues of the agenda were approved:
► On net profit distribution:
1. To approve the Annual report and the Annual accounting reporting of the Company for 2013.
2. To approve distribution of the Company's profit for 2013 fiscal year as follows:
Description: | RUB thousand |
Retained earnings (loss) of the reporting period: | 424,867 |
To distribute on: Reserve fund | 0 |
Profit on development | 318,637 |
Dividends | 106,229 |
Redemption of losses of past years | 0 |
3. To pay dividends on preferred shares of the Company by results of 2013 at the rate of RUB 0.4556 per one preferred share of the Company in a monetary form.
4. To pay dividends on ordinary shares of the Company by results of 2013 in the amount calculated in the following order (under the formula):
the size of dividends (in RUB) per one ordinary share is equal to 15 % of net profit of the Company for 2013 (according to the data of accounting reporting on the Russian accounting standards w/o income received from revaluation of financial investments divided on the actual number of the Company's placed ordinary shares on the date of drawing up of the list of persons entitled to receive dividends.
The calculated value of dividends per one ordinary share is equal to RUB 0.0391
Payment term of dividends to a nominal holder and a trustee which is a professional participant of securities market makes no more than 10 working days, to other shareholders registered in the register – 25 working days from the date of drawing up of the list of persons entitled to receive dividends.
5. To determine the date of drawing up of the list of persons entitled to receive dividends as July 11, 2014.
► On election of members of the Board of Directors of the Company:
To elect the Board of Directors of the Company as follows:
# | Full name of the candidate | Position of the candidate (at the time of nomination) |
1. | Rozova Eugenia Eugenyevna | Vice-Chairperson of the Committee on power and engineering support of St. Petersburg |
2. | Zotov Oleg Yuryevich | Chief of the State Administrative and Technical Inspection of St. Petersburg |
3. | Koptin Dmitry Viktorovich | Chairperson of the Committee on tariffs of St. Petersburg |
4. | Prokhorov Egor Vyacheslavovich | Deputy Director General on finance of JSC Rosseti |
5. | Lebedev Sergey Yuryevich | Director of Department of strategic development of JSC Rosseti |
6. | Snikkars Pavel Nikolayevich | Director of Department of development of power industry of the Ministry of Power Industry of Russia |
7. | Zafesov Jury Kazbekovich | Director of Department of procurement activity of JSC Rosseti |
8. | Zholnerchik Svetlana Semenovna | Deputy Director General of JSC Rosseti |
9. | Sorochinskiy Andrey Valentinovich | Director General of JSC Lenenergo |
10. | Kolyada Andrey Sergeevich | Head of share capital of Department of corporate governance and interaction with shareholders and investors of JSC Rosseti |
11. | Akimov Leonid Yuryevich | Director of Legal Department of JSC Rosseti |
12. | Komarov Valentin Mikhaylovich | Deputy Head of special projects of Department of implementation of special projects of JSC Rosseti |
13. | Serebryakov Konstantin Sergeevich | Head of SDC corporate events of Department of corporate governance and interaction with shareholders and investors of JSC Rosseti |
The Annual Shareholders Meeting also approved the following decisions:
► to elect the Audit Commission
► to approve the Charter in a new edition
► to approve the Regulations on the order of preparation and carrying out General Shareholders Meeting of the Company in a new edition
► to approve the Regulations on the Audit Commission of the Company in a new edition
► to approve the transaction on placement of additional ordinary shares of JSC Lenenergo to the city of St. Petersburg by public offering which is a related party transaction
► to approve the contract of responsibility insurance of directors and officials of the Company which is a related party transaction
Minutes of AGSM are placed on the Company's website:pdf
For reference:
JSC Lenenergo is the largest distribution grid company (the operator of networks 0.4-110 kV) serving the territory of St. Peters-burg and the Leningrad Region. Enters into JSC Rosseti Group.
http://www.lenenergo.ru/
Contact information
JSC Lenenergo
Investor Relations
Ulyana Davydova
T. +7 812 494 39 06
ir@lenenergo.ru
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