16 August 2011
NLMK to hold Extraordinary General Meeting of Shareholders
NLMK’s Meeting of the Board of Directors, held on August 15, 2011, resolved to convene an Extraordinary General Meeting of Shareholders (EGM) in the form of absentee voting. The deadline for the receipt of voting ballots was fixed at September 29, 2011.
The following agenda was adopted:
1. Payment (declaration) of dividends for H1 2011 on ordinary issued shares;
2. Approval of new versions of NLMK’s internals documents.
The Board of Directors has recommended that the EGM declare dividends for H1 2011 on ordinary issued shares in the amount of RUR1.40 per ordinary share.
The dividends will be paid within 60 days after NLMK EGM’s approval, and before November 28, 2011.
The list of persons entitled to participate at the EGM will be prepared on the basis of the NLMK Shareholder Register as of 00:00, August 16, 2011 (or 24:00, August 15, 2011).
Information submitted in the course of EGM preparation will be available at NLMK’s corporate website after August 29, 2011.
The Board of Directors has approved the new version of the Information Policy Regulations. Moreover, a related party transaction that had occurred in the normal course of business – non-residential premises lease agreement with the Sotsialnoye Razvitiye (Social Development) Non-State Pension Fund – was approved.