29 Jun 2018 13:59
The results of the Annual General Meeting of Shareholders
29 June 2018. Moscow, Russia. - PJSC ROSSETI (LSE: RSTI) (the "Company"), the largest electricity transmission and distribution grid company in Russia announces the results of the Annual General Meeting of Shareholders ("AGM").
The following resolutions were passed at the AGM:
1. Approve of the Annual Report of the Company for 2017.
2. Approve of the annual accounting (financial) statements of the Company for 2017.
3. Approve of the Company's profit distribution based on performance results for 2017.
4. No dividend payment shall be made on the Company's preferred or ordinary shares for 2017.
5. Dividends be paid in the amount of 0.04287 rubles per preference share of the Company and in the amount of 0.011965 rubles per ordinary share of the Company based on performance results for 1 quarter 2018.
09 July 2018 be set as the date of the list of the persons entitled to dividends for 1 quarter 2018.
6. No remuneration to the members of the Board of Directors who are non-governmental officers shall be paid for serving on the Board of Directors.
7. Remuneration for serving on the Company's Internal Audit Commission shall be paid to the members of the Company's Internal Audit Commission other than those who holds public office in the amount, prescribed in the Company's internal documents.
8. Elect the following members of the Board of Directors of the Company:
Stanislav AshirovBoris AyuyevOleg BarkinVasily BelovOleg DubnovAlexander KalininVyacheslav KravchenkoPavel LyvinskyAndrey MurovAlexander NovakMichail RasstryginNikolay RogalevAnatoly TikhonovSergey ShmatkoNikolay Shulginov
9. Elect the following members of the Internal Audit Commission of the Company:
Angelika ZadoroznayaTatyana ZobkovaDmitry SimochkinNataly SinitsinaNina Khakimova
10. Approve RSM RUS as the Auditor of the Company.
11. Approve of a revised version of the Articles of Association of the Company.
12. Approve of a revised version of the Regulations for the Board of Directors of the Company.
13. Approve of a revised version of the Regulations for the Management Board of the Company.
14. Approve modification of the Regulations for Remuneration and Compensation for the Members of the Board of Directors.
15. Approve of a revised version of the Remuneration and Compensation for the Members of the Internal Audit Commission.
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For further information please contact:
PJSC ROSSETI
Maria Stepanova Yulia Martynova | +7 495 995 5333 (ext. 3961) +7 495 995 5333 (ext. 3834) |
Horizon
Maria Novokreschenova Yaroslav Gryaznov | +7 495 225 0335 +7 495 225 0335 (ext. 1010) |
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Public Joint Stock Company ROSSETI (PJSC ROSSETI) is one of the largest electric grid companies in the world. The Company manages 2.34 million kilometers of power lines and 502,000 substations with more than 781 GVA of transformer capacity. The number of the ROSSETI Group's employees is 215,000.
ROSSETI comprises 36 subsidiaries and dependent companies, including 15 interregional grid companies and one transmission grid company. The controlling shareholder with an 88.04% stake in the Company is the government represented by the Federal Agency for State Property Management of the Russian Federation.