OREANDA-NEWS. July 17, 2014. Rostelecom OJSC (MOEX: RTKM, RTKMP; OTCQX: ROSYY), Russia’s national telecommunications operator, today announces the final dividend payment per ordinary share after determining the amount of ordinary shares outstanding as at July 14, 2014 (excluding the treasury shares on Rostelecom’s balance sheet).

As at July 14, 2014, the total amount of Rostelecom treasury shares amounted to 163,345,372 ordinary and 33,217,816 preferred shares.

A dividend of RUB 3.115959860078 will be payable per ordinary share. This equates to a total ordinary share dividend payout of RUB 7.808 billion.

The Annual General Meeting of Shareholders previously approved a dividend of RUB 4.848555414552 per preferred share, which takes the total preferred share dividend payout to RUB 1.016 billion.

The Company will pay out dividends totalling RUB 8.824 billion, or 25% of 2013 net profit according to Russian Accounting Standards (“RAS”) and 37% of 2013 net profit in accordance with International Financial Reporting Standards (“IFRS”).