Last checked at 11 May 2016 09:41
CORRECTION TO NOTICE OF AGM, RECORD DATE, AND DIVIDEND
AGM date corrected to 24 June 2016. All other details unchanged. Full amended text shown below.
Notice of AGM, Record Date, and Dividend
11 May 2016
NCSP Group (LSE: NSCP; MICEX: NMTP) announces that in a meeting dated 04 May 2016 PJSC NCSP's Board of Directors approved these decisions according to the minutes of the meeting dated 10 May 2016.
1. To hold PJSC NCSP's Annual General Meeting of Shareholders in the form of joined attendance at 12:00 am on 24 June 2016 at 9 Admirala Serebryakova embankment, Novorossiysk, Russian Federation, registration of participants beginning at 10:00 am.
2. To establish the record date for registering shareholders eligible to participate in the Annual General Meeting of Shareholders as 16 May 2016.
3. Voting bulletins may be mailed to:
Independent Registrar Company for NCSP, 8 Ivana Franko str., Moscow, 121108, Russian Federation; NCSP Corporate Secretary office 104 at 2 Mira str., Novorossiysk, 353907, Russian Federation.
4. To approve the agenda of the Annual General Meeting of Shareholders as follows:
1.1. Approval of the annual report (unconsolidated);
1.2. Approval of the annual financial accounts (unconsolidated);
1.3. Approval of distribution of profits for 2015 (unconsolidated);
1.4. Approval of the amount, record date, and terms of payment of dividends for 2015;
1.5. Approval of remuneration to the members of the Board of Directors, who are not government employees, in the amount determined by company's by-laws;
1.6. Approval of remuneration to the members of the Audit commission, who are not government employees, in the amount determined by company's by-laws;
1.7. Election of the Board of Directors (supervisory board);
1.8. Election of the Audit commission;
1.9. Approval of the Auditor;
1.10. Approval of amendments to the Charter of PJSC NCSP;
1.11. Approval of amendments to the Regulations on the Board of Directors;
1.12. Approval of amendments to the Regulations on the General Meeting of Shareholders;
1.13. Approval of amendments to the Regulations on Executive Board;
1.14. Approval of amendments to the Regulations on General Director;
1.15. Approval of interim dividend for Q1 2016.
2. To approve the following recommendation for the Annual general meeting of shareholders regarding distribution of profits for 2015:
2.1. do not distribute the profits for 2015 due to the absence thereof; to acknowledge the loss in the amount of 5,198,617 rubles; not to declare and not to pay the divided for 2015.
3. To approve the following recommendation for the Annual general meeting of shareholders regarding payment of dividend for Q1 2016:
3.1. To pay dividend for Q1 2016 in the amount of 1,000,000,431.28 rubles in cash.
3.2. To determine the dividend per share as 0.0519216 rubles;
3.3. To establish the record date for shareholders eligible to receive the dividend for Q1 2016 as 05 July 2016. Ex-dividend date for GDR holders shall be one business day prior to the record date;
3.4. To pay dividend for Q1 2016 to nominal holders from 18 July to 19 July 2016, and to other registered shareholders from 25 July 2016 to 05 August 2016.
About NCSP Group
NCSP Group is the largest port operator in Russia and the third largest in Europe, in terms of cargo turnover in 2015. NCSP shares are traded on Russia's Moscow Exchange (ticker: NMTP) and on the London Stock Exchange in the form of GDRs (ticker: NCSP). NCSP Group cargo turnover in 2015 totalled 139.7 million tonnes. Consolidated revenue to IFRS in 2015 totalled USD 877 million, and EBITDA was USD 657 million. NCSP Group consolidates the following companies: PJSC Novorossiysk Commercial Sea Port, LLC Primorsk Trade Port, JSC Novorossiysk Grain Terminal, OJSC Novorossiysk Ship Repair Yard, OJSC NCSP Fleet, JSC NLE, OJSC IPP, Baltic Stevedore Company LLC, and JSC SFP.
Contacts
Kristina Senko, Public Relations: KSenko@ncsp.com
Mikhail Shchur, Investor Relations: MShchur@ncsp.com