07 June 2004 10:47
CENTRAL TELEGRAPH BOOSTS 2003 DIVIDENDS
The dividends will be paid from July 15 to December 15, 2004.
Central Telegraph paid 0.0425 rubles per common and 0.0425 rubles
MOSCOW. June 7 (Interfax) - Shareholders of Moscow's Central Telegraph decided at an AGM on Friday to pay out
dividends for 2003 of 0.195 rubles per type A preferred share and 0.0702 rubles per common share, company materials
show.
per preferred share for 2002.
The shareholders selected Ernst & Young as the company's auditor.
Shareholders also elected a seven-member board of directors, which includes advisor to the General Director of
Rostelecom Vladimir Ajalov, Deputy General Director of Svyazinvest Vadim Belov, Russian Federal Property Fund consultant
Tatiana Bogdanova, General Director of Central Telegraph Vaagn Martirosian, the main specialist of the electric-
relations department of Svyazinvest Pavel Navoyev, the main specialist for the Russian Federal Property Fund Svetland
Pankova and Deputy General Director of Svyazinvest Yevgenniy Yurchenko.
Central Telegraph has charter capital of 221.56 million rubles divided into 166.167 million common and 55.389 million
Type A preferred shares with a par value of 1 ruble. At the beginning of 2003 the company carried out a thousand-fold
share split, and Type B preferred shares were converted into common shares.
The major shareholders in Central Telegraph are Svyazinvest, with 71.83% of common shares and 38.25% of the charter
capital, the Russian Federal Property Fund has 22% of the charter capital and Cypriot-based Taft Enterprises Limited has
9.23% of common shares and 4.91% of the charter capital.
[Interfax] |
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