Result of AGM
June 20 2007 - 11:33AM
UK Regulatory
RNS Number:7313Y
Evraz Group S.A.
20 June 2007
Evraz Group S.A. Resolutions of the Annual General Meeting
LUXEMBOURG, June 20, 2007 - Evraz Group S.A. (LSE: EVR) announces that all
resolutions proposed to the shareholders were duly passed at the Annual General
Meeting held on Wednesday, June 20, 2007, including, inter alia, the following:
1. Approval of the reports of the Board of Directors and of the auditor on the
accounts as per December 31, 2006 and of the decision for allocation of the
profit, which for the period ending on December 31, 2006 amounts to
EUR 222,213,213:
- To distribute annual dividends to the holders of record of shares in the
share register of the Company as of June 6, 2007 in proportion to their
participation in the share capital of the Company, provided that (1) the
dividend per 1 GDR shall be Euro equivalent of USD 1.10 (one US dollar and
ten cents) and (2) the dividend per 1 share in the Company shall be Euro
equivalent of USD 3.30 (three US dollars and thirty cents).
- The total amount shall be calculated per the official exchange rate set out
by the Central Bank of Luxembourg as of May 23, 2007. The dividends shall be
paid by September 2007 at the latest. Payment of the dividends to the GDRs
holders shall be made by The Bank of New York as custodian.
2. Statutory elections:
2.1. To re-elect the following directors for a period ending immediately
after the approval of the annual accounts of the Company for the year ending on
December 31, 2007:
- Mr. Alexander Abramov
- Mr. Otari Arshba
- Mr. Alexander Frolov
- Mr. James Campbell
- Mr. Philippe Delaunois
- Ms. Olga Pokrovskaya
- Mr. Terry Robinson
- Mr. Eugene Shvidler
- Mr. Eugene Tenenbaum
2.2. To elect Ms. Alexandra Trunova as statutory auditor of the Company for a
period ending immediately after the approval of the annual accounts of the
Company for the year ending on December 31, 2007.
2.3. To elect Ernst & Young, a company having its registered office at 7, Parc
d'Activite Syrdall, L-5365 Munsbach as external auditor of the Company for a
period ending immediately after the approval of the annual accounts of the
Company for the year ending on December 31, 2007.
3. Authorisation to the Board of Directors to delegate the daily management of
the Company's business and to appoint Mr. Alexander V. Frolov as managing
director (administrateur-delegue/CEO) of the Company with the mandate expiring
on the date of approval by the annual shareholders meeting of the Company's
accounts for the year ending on December 31, 2007.
Copies of the resolutions passed (other than resolutions concerning ordinary
business) will be submitted to the UKLA for publication through its Document
Viewing Facility, which is situated at:
Financial Services Authority
25 The North Colonnade
Canary Wharf
London E14 5HS
Tel. 020 7066 1000
# # #
For further information:
Evraz Group
Corporate Affairs and Investor Relations
Irina Kibina
Tel: +7 495 232 1370
IR@evraz.com
Evraz Group S.A. is one of the largest vertically-integrated steel and mining
businesses. In 2006, Evraz Group produced 16.1 million tonnes of crude steel.
Evraz Group's principal assets include three of the leading steel plants in
Russia: Nizhny Tagil (NTMK) in the Urals region and West Siberian (Zapsib) and
Novokuznetsk (NKMK) in Siberia, as well as Palini e Bertoli in Italy, Evraz
Vitkovice Steel in the Czech Republic, and Evraz Oregon Steel Mills
headquartered in the USA. Its fast-growing mining businesses comprise Evrazruda,
the Kachkanarsky (KGOK) and Vysokogorsky (VGOK) iron ore mining complexes,
Yuzhkuzbassugol company and an equity interest in the Raspadskaya coal company.
The mining assets enable Evraz Group to be a vertically-integrated steel
producer. Evraz Group also owns and operates the Nakhodka commercial sea port,
in the Far East of Russia. Evraz vanadium operations comprise Strategic
Minerals Corporation, USA, and a 54.1% equity interest in Highveld Steel and
Vanadium Corporation, South Africa. For further information visit www.evraz.com
This information is provided by RNS
The company news service from the London Stock Exchange
END
RAGEAKKEADEXEFE
Evraz (LSE:EVR)
Historical Stock Chart
From Jul 2024 to Aug 2024
Evraz (LSE:EVR)
Historical Stock Chart
From Aug 2023 to Aug 2024
Real-Time news about Evraz Plc (London Stock Exchange): 0 recent articles
More Evraz Group S.A. News Articles