TGK-1 to hold annual general shareholders meeting June 18
ST. PETERSBURG. May 3 (Interfax) - The board of directors of OJSC TGK-1 has decided to schedule the company's annual general shareholders meeting for June 18, TGK-1 said in a statement.
The list of shareholders with the right to participate in the meeting was compiled on May 2.
The meeting's agenda includes approving the annual financial report and balance sheet, distributing TGK-1's profit, electing a new board of directors, confirming the company's auditor for 2012, and approving several deals.
Last month, TGK-1's board of directors recommended that the company's shareholders decide on dividend payouts for 2011 of 0.000048741 rubles per share of par value 0.01 rubles each at the annual meeting. For 2010, TGK-1 paid out dividends of 0.000046791 rubles per share. Dividends could therefore grow by 4.2%.
TGK-1 has charter capital of 38,543,414,165.71 rubles divided into 3,854,341,416,571 ordinary shares of par value 0.01 rubles each.
TGK-1 manages 55 power stations in St. Petersburg, Karelia, and the Leningrad and Murmansk regions. Its installed power capacity is 7,024 MW, and its heat capacity is 14,735 Gcal/h.
Gazprom controls TGK-1.
