Rosneft holds general meeting of shareholders

Rosneft holds general meeting of shareholders

Holders of 92.9 % of the company’s shares took part in the annual general meeting of Rosneft shareholders held in Khabarovsk. 

The meeting approved the annual report, annual financial statements, profit distribution of Rosneft for 2013.

The decision was taken to distribute 136,186.6 million rubles (12 rubles 85 kopecks per share) for dividends. The approved dividend amount equals 25% of company’s IFRS net profit and exceeds the previous year figure by 59.6%. The dividends will be paid to the nominal shareholders and professional securities market participants by July 22, 2014, and to other shareholders registered in the shareholders register by August 12, 2014.

Shareholders also elected the new board of directors consisting of 9 persons.

Press Release, July 2, 2014