MMK posted Board of Directors resolutions
OJSC MMK announces that a meeting of the MMK Board of Directors was held today, April 19, 2013. Resolutions passed by the Board are specified below.
The Board issued a recommendation for the MMK Annual General Shareholder Meeting (AGM) to consider approving the Board-nominated Company Auditor.
The Board preliminary approved the Company’s 2012 Annual Report.
The Board recommended that MMK’s AGM declares no final dividend for FY 2012. MMK’s extraordinary general meeting (held on 29 December 2012) approved the decision to pay dividends in the amount of RUR 0.28 per common share of the issued stock based on the company performance for 9M 2012. Such payment was executed within 60 days following the EGM decision.
Decision has been passed to liquidate Buskulsky Mine Management Company, MMK’s subsidiary in the Republic of Kazakhstan.
The Board has outlined the scope of documents (information) to be forwarded as reference to the shareholders prior to the AGM and approved the order in which such documents (information) have to be presented. Voting ballot has been approved.
To check and review the above reference information the Company shareholders may visit the offices of Status Registrar Company in Magnitogorsk (9, Zavenyagina St.) or MMK Shareholder Desk (70, Kirova St.) after April 23, 2013. Office hours: Mon-Fri, 9:30 am-5:30 pm local time (both locations are closed for break 12:00 pm-1:00 pm).
Investor Relations Department
Andrey Serov, Head of IR
tel.: +7 (3519) 24-52-97
MMK Communications Department