30th Jun 2014 15:22
Results of Annual General Meeting of Shareholders
Moscow, 30 June 2014 - PIK Group (LSE: PIK), one of Russia's leading residential real estate developers, held its Annual General Meeting on June 30, 2014. A quorum of shareholders was present at the AGM.
The AGM approved the 2013 Annual Report and financial statements. The AGM also approved no dividend distribution based on the fiscal year results.
The following Board of Directors of OAO PIK Group where elected by the shareholders:
1. | Pavel A. Poselenov |
2. | Marina A. Zinovina |
3. | Dmitry V. Kanushkin |
4. | Ilya A. Stepanishev |
5. | Marina V. Grenberg |
6. | Alexey A.Blanin |
7. | Zumrud Kh. Rustamova |
8. | Jean Pierre Saltiel |
9. | Dmitry A. Pleskonos |
The Annual General Shareholders Meeting also elected the Audit Commission, approved the size of remuneration and reimbursement of expenses to the members of the Board of Directors, as well as approving Directors' liability insurance transactions. ZAO BDO was approved as PIK Group's auditor for 2014. The ninth edition of the Charter of PIK Group was also approved.
About PIK Group
PIK Group is a leading Russian real estate developer, focusing on large-scale residential projects within the Moscow Metropolitan Area and selected Russian regions. Since its foundation in 1994, PIK-Group has become a market leader in mass market residential property sector completing over 14 million square meters of affordable housing across the country. The Group has a substantial diversified land bank of net selling area of 6.9 million square meters and a dedicated professional team with over 11,000 employees. For more information please visit: http://www.pik-group.com
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Investors | Media |
Andrey Machanskis | Public Relations |
Head of Investor Relations | |
Tel: +7 495 505 97 33 ext. 1157 / 1315 | Tel: +7 495 505 97 33 ext. 1010 /1014 |
E-mail: [email protected] | E-mail: [email protected] |
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