Last checked at 17 Jun 2013 14:30
Press release
PJSC NCSP AGM Results
17 June 2013
NCSP Group (LSE: NSCP; Moscow Exchange: NMTP) announces the results of PJSC NCSP's Annual General Meeting of Shareholders held on 17 June 2013.
The following decisions were made on the AGM agenda items:
·; to approve PJSC NCSP's Annual Report (unconsolidated);
·; to approve PJSC NCSP's annual financial accounts (unconsolidated according to RAS);
·; to distribute PJSC NCSP's net profit (unconsolidated according to RAS) for 2012of RUB 5,094,169,413.98 as follows:
o to allocate RUB 454,916,839.75 for payment of dividends;
o to allocate the remaining portion of the nonconsolidated profit in the amountof RUB 4,639,252,574.23 for PJSC NCSP development;
·; to pay dividends for 2012 by 16 August 2013 at the rate of RUB 0.02362 per share;
·; to elect the following members of the Board of Directors (supervisory board);
o Mikhail Barkov,
o Alexander Vinokurov,
o Maxim Grishanin,
o Vitaliy Sergeychuk,
o Alexander Tikhonov,
o Marat Shaydaev;
Viktor Olerskiy, the seventh member of the Board, is appointed by the Government of the Russian Federation as the State's representative on the Board of Directors under the "golden share" rule;
·; to elect the following members of the Audit Commission of PJSC NCSP
o Ekaterina Vlasova,
o Eduard Matko,
o Tatiana Nesmeyanova,
o Margarita Russkikh;
Veronica Makeeva, the fifth member of the Audit Commission, is appointed by the Government of the Russian Federation as the State's representative to the Audit Commission;
·; to approve Deloitte & Touche CIS as PJSC NCSP's auditor;
·; to approve changes and amendments to the charter of PJSC NCSP;
·; to approve payment of remuneration to members of the Board of Directors and Audit Commission, with the exception of those who hold positions in civil service, of RUB 40,000 for members of the Board of Directors and RUB 12,000 for members of the Audit Commission.
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). 50.1% shares of PJSC "NCSP" belong to Novoport Holding Ltd, the beneficial owners of which are OJSC "Transneft" and Summa Group. NCSP Group cargo turnover in 2012 totalled 159 million tons. Consolidated revenue according to IFRS in 2012 totalled USD 1,034 million and EBITDA was USD 591.5 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".
For more information please contact:
Media relations: KSenko@ncsp.com
Investor relations: MShchur@ncsp.com