Supervisory Board of Alrosa is recommend to approve payment of 1.47 rubles per share for 2014

The Supervisory Board of Alrosa will consider recommendations on dividends for 2014 on Thursday.

Alrosa’s management submitted a proposal to the Supervisory Board to pay 1.47 rubles per share by results of 2014, as in the previous year, a source familiar with the draft resolution of the Supervisory Board reported to the Interfax.

This option was the main in the discussion of dividend payment with "paper" loss in 2014. The fact that the Alrosa’s management offered this option was reported by the acting president of the company' Ilya Ryaschin at the Investor Day on April 7. Meanwhile, then, according to him, the final decision wasn’t taken and discussions with major shareholders continued. First, the Federal Property Management Agency and the Ministry of Finance were ambivalent about the Alrosa’s proposal, a source in one of the specialized agencies said.