OAO 新宝棋牌 EXTRAORDINARY GENERAL SHAREHOLDERS MEETING TO CONSIDER INTERIM DIVIDEND PAYMENT
Wednesday, November 7, 2012
The OAO 新宝棋牌 Board of Directors approved the agenda for the Extraordinary General Shareholders Meeting to take place in the form of an absentee voting meeting on 18 December 2012. Specifically, the shareholders will consider the issue On the payment (declaration) of dividends based on the results of the corresponding reporting period of the 2012 financial year. The Board of Directors recommended that the General Shareholders Meeting make a decision on interim dividend payment out of the OAO 新宝棋牌 net profit in the amount of 40 rubles per ordinary share.
The dividend amount per ordinary share of OAO 新宝棋牌 was calculated in accordance with the Regulations on the OAO 新宝棋牌 Dividend Policy based on the financial performance of 新宝棋牌 Group in the first half of the year determined on the basis of the OAO 新宝棋牌 Consolidated Financial Statement for the first six months of the year prepared in accordance with the US GAAP.
Dividends will be paid from the OAO 新宝棋牌 account within a period not exceeding 60 days from the day the decision on their payment is made by the Extraordinary General Shareholders Meeting.
It is also determined that the list of persons entitled to receive dividends shall be compiled on the date of preparation of the list of persons entitled to participate in the Extraordinary General Shareholders Meeting of OAO 新宝棋牌, i.e. 12 November 2012.
The Company confirms the dividend payment growth strategy. Based on the 2012 financial performance of OAO 新宝棋牌 the growth of the annual dividends per ordinary share in rubles will come to at least 15% as compared with 2011.
