Last checked at 1 Jul 2015 13:55
CORRECTION TO RESOLUTIONS
Items 10-12 were removed, as resolutions on new regulations on the Board of Directors, the General Director, and the Management Board were not passed. Item 13 changed to Item 9. Wording corrected "To approve the new amended edition of the Charter of PJSC NCSP". The full amended text shown below.
Press release
Results of PJSC NCSP 2015 AGM
1 July 2015
NCSP Group (LSE: NSCP; MICEX: NMTP) hereby reports that the Annual general meeting of PJSC NCSP shareholders, held on 30 July 2015, has approved the following resolutions.
1. To approve of the 2014 annual report (unconsolidated).
2. To approve of the 2014 annual financial accounts (unconsolidated).
3. To approve the following distribution of profits for 2014 (unconsolidated):
distribute as dividends retained earnings accumulated prior to 2014 in the total amount of 4,499,092,877.44 rubles.
4. To approve of the amount and terms of payment of dividend for 2014 as follows:
pay the dividend for 2014 from retained earnings in cash in the amount of 4,499,092,877.44 rubles at the rate of 0.2336 rubles per share;
establish the record date for registering shareholders eligible to receive the dividend as 13 July 2015;
pay dividend to nominal holders in the period from 14 July to 27 July 2015;
pay dividend to other shareholders in the period from 14 July to 17 August 2015.
5. To approve the remuneration of the members of the Board of Directors, who are not government employees, in the amount of 40 000 rubles, as determined by company's by-laws.
6. To approve the remuneration of the members of the Audit Commission, who are not government employees, in the amount of 12 000 rubles, as determined by company's by-laws.
7. To elect the following members to the Board of Directors (supervisory board) of PJSC NCSP:
Mikhail V. Barkov; Maksim S. Grishanin; Vladimir A. Kayashev; Sergey S. Kireev;Vitaliy Y. Sergeychuk; Marat M. Shaydaev.
The Board of Directors of PJSC NCSP consists of seven seats. Six Directors are elected at AGM, and the seventh Director is appointed by the Government of Russia as state's representative on the Board under the golden share right. Since 2011 this post is held by Viktor Olerskiy, Deputy Minister of Transportation.
8. To elect the following members of the Audit commission:
Ekaterina A. Vlasova; Tatyana P. Nesmeyanova; Margarita V. Russkih; Irina A. Timofeeva.
The fifth member of the Audit Commission, is appointed by the Government of the Russian Federation under the golden share right. This position is held by Nadezda V. Zhikhareva.
9. To approve Deloitte & Touche CIS as the auditor for 2015.
10. To approve the new amended edition of the Charter 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 2014 totalled 131 million tonnes. Consolidated revenue to IFRS in 2014 totalled USD 956 million and EBITDA was USD 569 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