28 Jun 2010 18:11

Norilsk Nickel to pay 210 rubles a share, Deripaska elected to board

MOSCOW. June 28 (Interfax) - Shareholders in MMC Norilsk Nickel voted at their AGM on June 28 to accept a dividend of 210 rubles on ordinary shares, an Interfax correspondent reports from the meeting.

The company will pay shareholders 50% or $1.325 billion of its net profit for 2009.

Oleg Deripaska, core shareholder in United Company Rusal (UC Rusal), which owns a blocking stake in Norilsk, was elected to the board of directors, as was the aluminum giant's corporate development manager, Maxim Skokov, and first deputy general director, Vladislav Solovyev.

Vladimir Potanin's Interros also got three representatives elected: Andrei Bugrov, managing director; Marianna Zakharova, head of the legal department; and Andrei Klishas, vice president.

Norilsk Nickel itself is represented on the new board by Vladimir Strzhalkovsky, the chief executive; Oleg Pivovarchuk, his first deputy; and Dmitry Kostoyev, head of finance and economics.

In other words, the core shareholders each got three seats on the board.

Alexander Voloshin, chairman of the old board, was not elected to the new board.