On April 28, 2014, a scheduled in presentio meeting of the Rosneft Board of Directors was held in St. Petersburg to consider issues related to the annual general shareholders meeting of the Company for the year 2013, Rosneft says in its press release.
The Board of Directors preliminary approved the Company’s 2013 annual report and recommended that the AGSM adopts a resolution to pay dividends of 12.85 rubles per one ordinary share which constitutes 25% of the Company IFRS net profit. The total amount Rosneft will use for dividend payment will be equal to RUB136.187bln. Thus, the Company’s dividends will rise by 59.6% versus 2012.