Polyus Gold to hold AGM May 25, register to close April 18

Home > Newsroom > Top Stories > Polyus Gold to hold AGM May 25, register to close April 18

Polyus Gold to hold AGM May 25, register to close April 18

MOSCOW. April 12 (Interfax) - Directors at Polyus Gold at a meeting on Tuesday scheduled this year's annual shareholders' meeting for May 25, the gold miner said in a statement.

The register closes on April 18.

The agenda will include standard items, including dividends. The company has already paid 26.23 rubles per share or a total of 5 billion rubles in 9M 2011 dividends.

OJSC Polyus Gold is 95.4%-owned by the Jersey-registered Polyus Gold International Ltd (PGIL), whose main beneficiaries are Suleiman Kerimov's Nafta Moskva (40.2%) and Mikhail Prokhorov's Onexim (38.6%). The PGIL board has recommended that shareholders accept a dividend of $0.0421 a share for 2011 or a total of $115 million, which is 25% of consolidated net profit.