On September 11, Ukrnafta management board are going to discuss dividends for 2011-2013

The shareholders of the Ukrainian largest oil production company Ukrnafta are going to discuss profit distribution for 2011-2013 and agree the order and the terms of dividends payment at the annual shareholders session on September 11th. They can also renew the supervisory council and the revision committee of the enterprise. The changing of the management board and its chairman is not included to the agenda as yet. The session will listen to the reports of the management board, the supervisory council and the revision committee for 2011-2013, agree the decision on their results and the annual reports and the balances for the period. Besides from that, the agenda presupposes the agreement of the terms of civil-judicial and labor contracts that will be closed with the members of the supervisory council and the revision committee, and the set the volume of their rewarding.

The session is convoked by the active Ukrnafta management board. Naftogaz Ukraine initiates the shareholders session on September 27th.