Rosneft shareholders accept 2.3 rubles per share div for 2009
ST. PETERSBURG. June 18 (Interfax) - Shareholders in Rosneft voted at their AGM on June 18 to accept a dividend of 2.3 rubles per share for 2009, an Interfax correspondent reports from the meeting.
This is 20% higher than the 1.92 rubles the oil company paid for 2008. The total payout will be 24.4 billion rubles, or 11.7% of net profit to Russian Accounting Standards (RAS).
Business Systems Development (RBS) will audit Rosneft for 2010.
The AGM approved the allocation of 78,297 shares as remuneration for independent directors in 2009: VTB chief Andrei Kostin, Vice President of the Russian Academy of Sciences Alexander Nekipelov, and Barclays Capital head Hans-Joerg Rudloff will receive 26,099 shares.
The AGM also approved a number of interested-party transactions.
Rosneft has 10.6 billion issued shares and more than 160,000 shareholders. OJSC Rosneftegaz, controlled by the Federal Property Agency, owns 75.16%, Rosneft subsidiary LLC RN-Razvitie owns 9.44% and individuals own 0.51%.
Rosneft sold 15% of its shares for $10.6 billion in an IPO in June 2006. This is the first time the AGM has been held outside Moscow.