OJSC TNK-BP Held EGM
OREANDA-NEWS. October 06, 2011. ТNK-BP announced that its Russian holding company, OJSC TNK-BP Holding (MICEX: TNBP, TNBPP) held an extraordinary general shareholders meeting. The meeting approved dividend payment for the 6 months of 2011 of RUR 3.41 per one ordinary and one preferred share, as previously recommended by the Board of Directors. The total dividend amount is 52.7 bn rubles, reported the press-centre of TNK-BP.
OJSC TNK-BP Holding dividends for the first half-year of 2011 will be paid to shareholders included in the register as of August 19, 2011, in cash in Russian rubles by bank transfer according to the bank details of the shareholders or their nominees no later than 60 days from the date of the decision.
The main shareholder of OJSC TNK-BP Holding is Novy Investments Ltd., which is part of TNK-ВР Group. Payment of dividends to Novy Investments Ltd. is of a technical nature and does not lead to an automatic dividend payment to shareholders of the parent company TNK-BP Ltd. (BP and AAR). The dividends to be paid to Novy Investments Ltd. are planned to be used for financing TNK-BP capital investments in Russia and for mutual settlements among TNK-BP Group companies.
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