Shareholders YUGOK consider question on payment on dividends on 24/08

04 Aug 2016
According to information provided by Business News Agency PRIME, the shareholders of AO Yuzhuralzoloto Group of Companies (UGC) will consider the payment of dividends at an extraordinary general meeting on August 24  (SGC).
The list of persons entitled to attend the general meeting of shareholders will be compiled as of August 15, 2016.
Last time the company paid dividends for the year of 2009: 75 million rubles at the rate of $0.75 per common share.
As reported, on the results of 2015, UGC obtained net profit of 1.283 billion rubles according to RAS, against a loss of 3.647 billion a year earlier. The financial result in 2013 was a net profit of 374.3 million rubles.
UGC is one of top five Russian gold mining companies. The company's assets include deposits in the Chelyabinsk region, in the Trans-Baikal Krai, Krasnoyarsk Krai and the Republic of Khakassia.
The main shareholder is Konstantin Strukov, chairman of the Board of Directors, member of the Legislative Assembly of the Chelyabinsk region through Cyprus Company UGOLD Ltd (99,995%).
Source: Economical Information Agency «PRIME» http://gold.1prime.ru