Mosenergo to boosts 2013 dividend one-third
MOSCOW. June 4 (Interfax) - Shareholders in Mosenergo voted at their annual meeting to accept a dividend of 0.04 rubles per share for 2013, an Interfax correspondent reports from the meeting.
Mosenergo paid 0.03 rubles per share for 2012.
The genco had a net profit of 8.028 billion rubles in 2013 under Russian accounting standards. The board of directors recommended that 6.4 billion rubles of the earnings be allocated to the accumulation fund, partly for investment purposes this year, and that 1.6 billion rubles be paid as dividends.
Mosenergo has 39,749,359,700 issued ordinary shares, par value 1 ruble each. Its main shareholders are Gazprom EnergoHolding with 53.50% and the City of Moscow with 26.45%. CJSC Inter RAO Capital owns another 5.05%.
The AGM elected a board of directors with two changes from the previous board.
The new members are Dmitry Bakatin, consultant to the Moscow office of Sputnik Investment Limited (Cyprus), and Andrei Berezin, head of the City of Moscow's Property Department.
Three other representatives of the City of Moscow retained their seats on the board: Deputy Mayor Pyotr Biryukov Biryukov, city fuel and energy department chief Pavel Livinsky and Vladimir Pogrebenko, deputy head of the city property department.
Other directors to be re-elected included Gazprom Deputy CEO Valery Golubev; the deputy head of the gas giant's Finance and Economics Department, Alexander Dushko; Gazprom management board member Yelena Mikhailova; and Kirill Seleznev, head of Gazprom's Department for Marketing and Gas and Hydrocarbons Processing.
Anatoly Gavrilenko, general director of CJSC Lider, kept his seat on the board, as did Ilnar Mirsiyapov, member of the management board at Inter RAO ; Denis Fyodorov, general director of Gazprom EnergoHolding; and Vitaly Yakovlev, general director of Mosenergo.
