OREANDA-NEWS. June 27, 2012. The General Meeting of Shareholders of Dniprooblenergo on 26 June 2012 approved the results of the company’s financial and business activities in 2011 and determined the main activities for 2012.

 The shareholders resolved to accrue and pay dividends to 30% of the net profit and approved the total amount of annual dividends of UAH 13,000,981.52 (UAH 2.17 per 1 share).

 Out of this amount UAH 9.75 million dividends accrued on Dniprooblenergo’s stakes had held by Energy Company of Ukraine (ECU) and the State Property Fund of Ukraine before the company privatization in April 2012, and will be transferred to the State Budget of Ukraine.

 The meeting of shareholders also resolved to rename Dniprooblenergo to DTEK Dniprooblenergo and change the composition of the company’s Supervisory Board. DTEK Holdings B.V., DTEK Holdings Limited and Oleksandr Kushch, nominated by ECU, became the new members of the Company’s Supervisory Board. The General Meeting of Shareholders approved the new composition of the Company’s Audit Committee comprised of DTEK Investments B.V., DTEK LLC and ECU.