OREANDA-NEWS. July 03, 2012. DIXY Group, OJSC [RTS: DIXY], one of the Russia's leading retailers of foods and everyday products, announced the results of the Annual General Meeting of Shareholders.

The Annual General Meeting of Shareholders held on June 28, 2012 resolved to:

Approve the annual RAS (Russian Accounting Standards) financial results for the fiscal year 2011; not to pay dividends for the fiscal year 2011, and to allocate the Company's net profit for fical year 2011 in the amount of RUR 147,199,761.44 for the reserve fund and further development of the Company.

Approve STEK Auditing Service LLC as the auditor of RAS financial statements of DIXY Group, OJSC.

Set the amount of pretax remuneration for independent members of the Board of Directors for the years 2012 and 2013 at the amount of USD 25,000 per quarter, and not to pay compensation to other members of the Board of Directors for the 2012-2013 period.

Elect the Board of Directors of DIXY Group, OJSC, comprised of 7 members:

Sergey Katsiev

Vladimir Katsman

Igor Kesaev

Aleksandr Prisyazhnyuk (independent director)

Dmitry Rischenko

Xavier Fernandes Rosado (independent director)

Ilya Yakubson

Elect the Internal Audit Commission of DIXY Group, OJSC.

Approve possible credit transaction(s) between DIXY Group, OJSC and its affiliates for amount not exceeding RUR 18 billion.

Approve the new version of the Charter of DIXY Group, OJSC.