Enel OGK-5 board recommends shareholders waive dividends for 2012
MOSCOW. April 25 (Interfax) - The board of directors of OGK-5 has recommended that shareholders waive dividends for 2012, the company said in a statement.
Enel OGK-5 last paid a dividend for 2006: 0.00634689 rubles per share.
The company plans to draw up its dividend policy before year-end.
Registered in Yekaterinburg, Enel's production facilities are the Nevinnomysskaya State District Power Plant (GRES), the Konakovskaya GRES, the Sredneuralskaya GRES and the Reftinskaya GRES, located for the most part in the Urals, as well as in the center and south of Russia. The company's total installed power capacity is 9,576 MW, and its heat capacity is 2,448 Gcal/h.
Italian concern Enel owns 56.43% of Enel OGK-5's stock. Another 26.43% belongs to PFR Partners Fund I Limited, 5.12% belongs to the European Bank for Reconstruction and Development (EBRD), and 12.02% belongs to other minority shareholders.
