The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksROSN.L Regulatory News (ROSN)

  • There is currently no data for ROSN

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

Regular Meeting of the Board of Directors

15 Apr 2011 07:00

RNS Number : 9827E
OJSC OC Rosneft
15 April 2011
 



 

Rosneft Board of Directors recommends a 20% dividend increase, to RUB 2.76 per share

On 14 April 2011, the Board of Directors of Rosneft convened in regular session to discuss issues relating to the Annual General Meeting of Company shareholders (on the results of 2010).

The Board approved the following agenda topics:

- Approval of the annual report;

- Approval of annual financial statements, including profit and loss statements (profit and loss accounts);

- Approval of the distribution of profits based on the 2010 results;

- Size, timing and form of payment of dividends for 2010;

- Remuneration and compensation for expenses to members of the Board of Directors;

- Election of Board Directors;

- Election of Audit Committee members;

- Approval of the Company auditor;

- Amendments and supplements to the Company's Charter;

- Approval of transactions in which the Company has an interest (is a party).

Rosneft's Board of Directors pre-approved the Company's Annual Report for 2010 and recommended that the Annual General Meeting of shareholders approve a dividend of RUB 2.76 per share for 2010, representing a 20% increase over 2009.

The total amount, if accepted by the shareholders, as the Board recommends, will be allocated to pay dividends amounting to RUB 29 billion 251 million, or 15.2% of net profit under Russian Accounting Standards (11.7% year before).

In accordance with Russia law on joint stock companies, dividend payments will be made simultaneously to all bearers of shares not later than 9 August 2011.

The Board of Directors recommended the Audit-Consulting Group Business Systems Development to conduct an audit of Rosneft and its subsidiaries for the period 2007-10 inclusive.

 

 

Rosneft

Information Division

v_voevoda@rosneft.ru

Tel.: +7 (495) 221 31 06

Fax: +7 (495) 411 54 21

April 15, 2011

 

 

These documents contain projections or other forward-looking statements regarding future events. All statements herein, other than the statements on historical accounting periods, are statements that may be deemed forward-looking statements due to all kind of risks and uncertainties and other factors that could cause the actual events or results to differ materially from those contained expressly or by implication in these projections or forward-looking statements. We assume no obligation and do not intend to update these statements to reflect actual events, the occurrence of unanticipated events or factors that could affect the forward-looking statements.

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
ROMGGUWGCUPGUAA
Date   Source Headline
8th Jun 20121:59 pmRNSManagement Increase Stakes in Charter Capital
8th Jun 20128:12 amRNSDmitry Avdeev Appointed Vice President at Rosneft
31st May 20121:27 pmRNSRosneft Announces Results of Share Buyback
31st May 20128:48 amRNSPublication of Rosneft Full Annual Report for 2011
23rd May 20122:23 pmRNSIgor Sechin Appointed President of Rosneft
8th May 20127:00 amRNSRosneft and Statoil Sign Cooperation Agreement
2nd May 20122:30 pmRNSRosneft Net Profit Up 55.6% in Q1 2012
30th Apr 20127:00 amRNSAnnual Financial Report (FSA Requirements)
30th Apr 20127:00 amRNSBoard Recommends Increasing Dividends by 25%
26th Apr 20127:00 amRNSResults of Regular Meeting of Board of Directors
25th Apr 20122:04 pmRNSRosneft and Eni Sign Cooperation Agreement
16th Apr 20124:35 pmRNSRe Rosneft and ExxonMobil Cooperation Agreement
16th Apr 20127:01 amRNSResults of Extraordinary Meeting of Shareholders
15th Mar 20121:34 pmRNSRosneft Consolidates Stake in OJSC Vostsibneftegaz
15th Mar 20121:29 pmRNSAcquisition of 35.3% Stake in Taas-Yuryakh
7th Mar 20128:42 amRNSResult of BoD Meeting
1st Mar 20122:30 pmRNSRosneft is switching to IFRS reporting
28th Feb 20124:30 pmRNSResult of Meeting
3rd Feb 20121:30 pmRNS2011 Consolidated Financial Results
2nd Feb 20121:03 pmRNSAcquisition of a stake in Taas-Yuryakh Project
23rd Jan 20128:00 amRNSRosneft reserves as of 31/12/2011
22nd Dec 20113:19 pmRNSRosneft President comments on 2011 results
22nd Dec 20112:14 pmRNSResults of Board of Directors
8th Dec 20112:55 pmRNSRosneft signs a memorandum with PDVSA
28th Oct 20112:00 pmRNSRosneft Publishes Q3 2011 Financial Statements
26th Oct 20113:34 pmRNSNew Appointment at Rosneft
26th Oct 20112:40 pmRNSRosneft's 3rd Quarter Results
24th Oct 20112:00 pmRNSDirector/PDMR Shareholding
7th Oct 20112:21 pmRNSDirector/PDMR Shareholding
15th Sep 20112:35 pmRNSDirector/PDMR Shareholding
14th Sep 201111:00 amRNSEGM Statement
30th Aug 20114:24 pmRNSCooperation Agreement with ExxonMobil
29th Jul 20111:48 pmRNSQ2 2011 and 1H 2011 financial results
29th Jun 20117:38 amRNSNotification of Change of Management Shareholding
28th Jun 20118:02 amRNSResults of Meeting of the Board of Directors
18th May 201110:59 amRNSInformation Statement
5th May 201110:52 amRNSRosneft Acquires 50% of Ruhr Oel GmbH
28th Apr 20113:41 pmRNS1Q2011 US GAAP Financial Results
28th Apr 20112:51 pmRNSPublication of Rosneft's Annual Report for 2010
27th Apr 20117:00 amRNSNotification of Change in Management Shareholding
20th Apr 20117:00 amRNSRosneft Announces Share Repurchase Program
15th Apr 20117:00 amRNSRegular Meeting of the Board of Directors
12th Apr 201111:10 amRNSResults of the Meeting of the Board of Directors
4th Mar 20117:32 amRNSRegular meeting of the Board of Directors
17th Feb 201112:38 pmRNSRosneft fully replaced its oil reserves in 2010
4th Feb 20119:22 amRNS2010 US GAAP Financial Results
17th Jan 20118:04 amRNSRosneft and BP Form Strategic Alliance
23rd Dec 20102:14 pmRNSNotification of Change of Director's Shareholding
10th Dec 20103:35 pmRNSNotification of Change of Management Shareholding
1st Nov 20102:00 pmRNSQ3 and 9M 2010 Financial Statements

Due to London Stock Exchange licensing terms, we stipulate that you must be a private investor. We apologise for the inconvenience.

To access our Live RNS you must confirm you are a private investor by using the button below.

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.