Gazprom may get EUR 13 mln in Lietuvos dujos dividends for 2010
VILNIUS. March 25 (Interfax) - The management at Lithuania's gas import and transportation company Lietuvos dujos suggests that company shareholders vote at their annual meeting April 20 to pay dividends totaling 120 million litai out of 2010 profits, meaning 37.06% owner OJSC Gazprom could receive 44.4 million litai, or roughly EUR 13 million.
Lietuvos dujos made 159.715 million litai in profits last year. The recommendation is that dividends be paid at a rate of 25.6 cents per share (each with par value of 1 litas), a company statement for the Nasdaq OMX Vilnius says.
Aside from Gazprom, E.ON Ruhrgas International owns 38.9% of Lietuvos dujos and the Lithuanian government 17.7%. If shareholders take the recommendation, the former would receive 46.8 million litai in dividends and the latter 21.2 million litai.
The litas exchange rate is pegged to the euro at 3.4528/EUR1.
