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Result of AGM

23rd Jun 2011 14:55

RNS Number : 0122J
O.A.O. Tatneft
23 June 2011
 



On 23 June 2011 OAO Tatneft issued the following press-release:

 

Annual Shareholders Meeting of OAO Tatneft for 2010

 

Annual shareholders meeting of OAO Tatneft (the "Company") for 2010 was held on 23 June 2011, in Almetievsk, Tatarstan.

 

Shareholders elected a new Board of Directors of the Company. The following directors were elected:

 

Radik Raufovich Gaizatullin

Minister of Finance of the Republic of Tatarstan

Sushovan Ghosh

Managing Director of SGI Group Ltd.

Nail Gabdulbarievich Ibragimov

First Deputy General Director of Production of OAO Tatneft, Chief Engineer

Rais Salikhovich Khisamov

Deputy General Director of OAO Tatneft, Chief Geologist

Vladimir Pavlovich Lavushchenko

Deputy General Director for Economics of OAO Tatneft

Nail Ulfatovich Maganov

First Deputy General Director of OAO Tatneft, Head of Oil and Refined Products Sales Department

Renat Halliulovich Muslimov

Counsel to the President of the Republic of Tatarstan for the Development of Oil and Gas Fields

Renat Kasimovich Sabirov

Assistant to the Prime-Minister of the Republic of Tatarstan on Oil, Gas and Chemical Complex

Valery Yurievich Sorokin

General Director of Svyazinvestneftekhim

Shafagat Fahrazovich Takhautdinov

General Director of OAO Tatneft

Mirgazian Zakievich Taziev

Head of the Almetievneft NGDU of OAO Tatneft

Azat Kiyamovich Khamaev

Minister of Land and Property Relations of the Republic of Tatarstan

Maria Leonidovna Voskresenskaya

Director of Brentcross Ltd.

David William Waygood

Director of Waygood Limited

 

Shareholders also elected the following members of the Revision Committee of the Company: 

 

Nazilya Faizrakhmanovna Galieva

Economist of Control and Revision Department of OAO Tatneft

Ferdinand Renatovich Galiullin

Chief Accountant of the Dzhalilneft NGDU of OAO Tatneft

Venera Gibadullovna Kuzmina

Economist of normative research station of OAO Tatneft

Nikolai Kuzmich Lapin

Head of Control and Revision Department of OAO Tatneft

Lilya Rafaelovna Rakhimzyanova

Head of the Oil Production Section with the Ministry of Economy and Industry of the Republic of Tatarstan

Alfiya Azgarovna Sinegaeva

Head of Labor and Personnel management Department of OOO Tatneft-Almetyevskremservis

Ranilya Ramilyevna Gizatova

Deputy head of planning and economics department Elhovneft NGDU of OAO Tatneft

Tamara Mikhailovna Vilkova

Deputy Chief Accountant of OAO Tatneft, Deputy Head of the Accounting Department of OAO Tatneft

 

The following persons were appointed pursuant to the exercise of the Golden Share rights of the Tatarstan Government:

 

to the Board of Directors of the Company - Rustam Nurgalievich Minnikhanov, the President of the Republic of Tatarstan;

 

to the Revision Committee of the Company - Sariya Kashibulkhakovna Yusupova, Deputy Head of Economic Analysis Department of the Ministry of Finance of the Republic of Tatarstan.

 

Shareholders appointed Energy Consulting/Audit as an auditor of the Company for the statutory audit for 2011 under Russian accounting standards.

 

Upon consideration of the results of 2010, shareholders approved the following dividends in cash for 2010 (30% of the net profit in the amount of approximately 11,6 bln Rubles):

 

preferred shares: 502% of the nominal (par) value, i.e., 5 Rubles 2 Kopecks per share;

common shares: 502% of the nominal (par) value, i.e., 5 Rubles 2 Kopecks per share.

 

The shareholders also approved:

 

1. The Report of the Board of Directors on the result of Company's activities in 2010 and the Annual Report of the Company for 2010.

2. The annual accounting report, including profit and loss statement, of the Company for 2010.

3. Profit distribution upon results of the financial year.

4. New versionto the Charter of the Company.

5. Amendments to the Regulations of the Board of Directors.

 

After the annual shareholders meeting, the Board of Director of the Company held its first meeting on which Rustam Minnikhanov was elected as the Chairman of the Board.

 

The Board also elected the members and appointed chairmen of the following committees of the Board of Directors:

 

- Audit Committee, Chairman - Sushovan Ghosh, Independent Director, a Member of the Board of Directors of OAO Tatneft;

- Corporate Governance Committee, Chairman - Victor I. Gorodny, Deputy General Director of OAO Tatneft, Head of Property Department of OAO Tatneft;

- Human Resources and Compensation Committee; Chairman - David Waygood, Independent Director, a Member of the Board of Directors of OAO Tatneft.

 

Forward-looking statements: This press-release may contain certain forward-looking statements of OAO Tatneft. OAO Tatneft does not guarantee occurrence of any events mentioned in such statements as well as term of their occurrence.

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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