Last checked at 4 Jul 2014 07:35
Press release
NCSP Board Elects Chairman and Calls EGM
04 July 2014
NCSP Group(LSE: NSCP; MICEX: NMTP) hereby announces that on July 3, 2014 PJSC NCSP's Board of Directors approved the following decisions:
To elect Maxim Grishanin, First Vice-President of Transneft JSC, as Chairman of PJSC NCSP's Board of Directors.
To hold an extraordinary General meeting of PJSC NCSP's shareholders on August 13, 2014 at 11:00 a.m. at the Morskoy Culture Center, at 9 Naberezhnaya Admirala Serebryakova, Novorossiysk.
To establish the record date for registering shareholders, eligible to participate in the extraordinary General meeting of shareholders, as July 13, 2014.
To approve the following agenda of the extraordinary general meeting of shareholders:
Item 1: Early termination of powers of General Director (CEO) of PJSC NSCP.
Item 2: Election of the new General Director (CEO) of PJSC NCSP.
To nominate Sultan H. Batov, CEO of LLC Baltic Stevedore Company, to the position of General Director (CEO) of PJSC NCSP.
About NCSP Group
NCSP Group is the largest port operator in Russia and the third-largest in Europe, in terms of cargo turnover. 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 2013 totalled 141 million tonnes. Consolidated revenue according to IFRS in 2013 totalled USD 928 million and EBITDA was USD 510 million. NCSP Group consolidates the following companies: PJSC Novorossiysk Commercial Sea Port, LLC Primorsk Trade Port, PJSC Novorossiysk Grain Terminal, OJSC Novorossiysk Ship Repair Yard, OJSC NCSP Fleet, OJSC NLE, OJSC IPP, CJSC Baltic Stevedore Company, and CJSC SFP.
Contacts
Kristina Senko, Public Relations; KSenko@ncsp.com
Mikhail Shchur, Investor Relations; MShchur@ncsp.com