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The issue of paying dividends for the first quarter of 2016 will be considered by 22 on April by YATEC shareholders - EastRussia | Far East

Irkutsk
Ulan-Ude

Blagoveshchensk
Chita
Yakutsk

Birobidzhan
Vladivostok
Khabarovsk

Magadan
Yuzhno-Sakhalinsk

Anadyr
Petropavlovsk-
Kamchatsky
Moscow

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The issue of paying dividends for the I quarter 2016g will be considered by 22 April shareholders of YATEK

Shareholders of OAO Yakutia Fuel and Energy Company (YATEK) at an extraordinary meeting of 22 April will consider the issue of paying dividends based on the results of the first quarter of 2016

The issue of paying dividends for the I quarter 2016g will be considered by 22 April shareholders of YATEK
This was said in a statement.

The recommendations of the board of directors on the amount of payments will be determined later.

The meeting will be held in absentia. The register of shareholders entitled to participate in the meeting is closed 3 March 2016.

For the first quarter of 2015, the company paid 0,4086 rubles per one ordinary share, sending 337,9 million rubles for payments.

In the first half of 2015, the company paid dividends in the amount of 0,4034 rubles per share, sending 333,6 million rubles to payments.

According to the results of 9 months of 2015, the size of dividends amounted to 0,4123 rubles per share, 340,939 million rubles were allocated for payments.
The company has not yet disclosed the financial results of 2015 of the year and the first quarter of 2016 of the year.

The authorized capital of YATEK is 826 million 919 thousand 375 rubles, it consists of ordinary shares with a nominal value of 1 ruble each.

OAO Yakutsk Fuel and Energy Company (up to 2010 of the year, Yakutgazprom) is the main gas producing company in Yakutia and the only supplier of gas for the entire region. YATEK owns licenses for industrial development of the Srednevilyuisky and Mastakhsky gas-condensate fields, geological exploration, exploration and production in the Mirny and Tolonsky hydrocarbon areas, as well as geological exploration within the Tymtaydsky subsoil section in Yakutia.

The main shareholder of YATEK is the head of GK Suma Ziyavudin Magomedov (through OOO Investor he owns 82,06% of shares).