Sea Port of Saint-Petersburg will pay dividends in the amount of RUB 558 per ordinary share

Sea Port of Saint-Petersburg says the annual general meeting of its shareholders held on the 10th of June 2016 approved the annual report of the Company for 2015 and annual accounting report.

As a result of operations in 2015, the revenues of SPSP accounted for 5 billion 817 million 409 thousand Rubles, which is 37% more than the similar figure for 2014. Net profit of the Company increased by more than 2 times and amounted to 2 billion 292 million 801 thousand 255 Rubles.

The shareholders made a decision to pay dividends in the amount of 558 Rubles per each ordinary share (in addition to the dividends paid on the basis of the results of operations for 9 months of 2015 in the amount of 542 Rubles per ordinary share).

According to the results of voting, the following Board of Directors of SPSP was elected: Oleg Bukin, Viktor Kirilenko, Pavel Oleynik, Igor Fedorov, Sergey Chelyadin. The review committee of the Company now includes: Natalia Belyaeva, Yulia Gorbunova, Nadezhda Klimakhina, Marina Konstantinova, Ekaterina Popova.

AO “KPMG” was approved as the company’s auditor in 2016.

OJSC “Sea Port of Saint-Petersburg” (included in UCL Port – stevedoring division of the International transportation group UCL Holding) – is the largest operator, rendering services on handling of all types of dry cargoes in the Greater Port of Saint-Petersburg.  It operates by modern multipurpose specialized terminals for handling of general and bulk cargoes and specialized terminals for ro-ro cargoes. In 2015 the turnover of the company amounted to 7.9 mln tons.