CenterTelecom Pays Out 2006 Dividend on Type Preferred Shares
OREANDA-NEWS. On August 16, 2007 CenterTelecom has completed payment of dividends to holders of type A registered uncertified preferred shares in the amount of RUR 0,3893300 per share, reported the press-centre of CenterTelecom.
The total payment reached RUR190,272 million, or 92,9% of all dividends paid on CenterTelecom’s preferred shares. The company paid RUR204,785 million as dividends on all type A shares for 2006.
The company fulfilled its obligations related to the payments of dividends on this type of share in full excluding instances where the company was not liable for payment in accordance with Clause 44 of the Federal Law “About Joint Stock Companies” and Regulations on Dividend Policy approved by the Board of the Directors of CenterTelecom on June 10, 2004, specifically:
non-appearance of shareholders for receipt of dividends;
absence of the shareholder’s bank details or wrong bank details.
CenterTelecom has allocated funds for dividend payments on this type of share in full.
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