Results of the Annual General Meeting of Shareholders of «KazTransOil» JSC
"KazTransOil" JSC held its Annual General Meeting of shareholders on May 28, 2013.
A range of issues was provided for consideration of shareholders, including on confirmation of consolidated annual financial statements of “KazTransOil” JSC for 2012, confirmation of procedure of distribution of net profit of “KazTransOil” JSC for 2012, taking decision on dividends payment on ordinary shares, confirmation of size of dividend for 2012 in calculation per one ordinary share of “KazTransOil” JSC etc.
In line with resolution of shareholders meeting consolidated annual financial statements of “KazTransOil” JSC for 2012 was confirmed, according to which consolidated revenues from core activity of the company increased for 1.8% comparing to indicator of 2011 and comprised 143 bln 061 mln tenge, while consolidated net profit amounted to 33.5 bln tenge, exceeding the result of 2011 for 29.1%.
Also shareholders of “KazTransOil” JSC approved procedure of distribution of net profit for 2012 and decision on dividends payment on ordinary shares and confirmation of size of dividend for 2012 in calculation per one ordinary share of the company was made. Thus, the size of dividend on one ordinary share of “KazTransOil” JSC amounts to 75 tenge and/or 10.3% to offering price. The total amount of dividend for 2012 makes up 28 847 667 925 tenge, or 86% of consolidated net income for 2012.
List of shareholders, entitled to receive dividends on ordinary shares of “KazTransOil” JSC upon the results of 2012 will be fixed as of 00:00 am 13 June 2013, and payment of the dividends shall be made starting from 4 July 2013.
The General Meeting of Shareholders also made decisions on early termination of powers of member of the Board of Directors of “KazTransOil” JSC Darbayev A.A. starting from 20 March 2013 and on election of representative of “KazMunayGas” NC JSC Zhylkyshiev K.B. to the membership of the Board of Directors of the company till expiration of terms of powers of the Board of Directors of “KazTransOil” JSC on a whole.
"KazTransOil" JSC - thenational operator of the Republic of Kazakhstan on the main pipeline. It is the largest oil transportation company of the Republic of Kazakhstan, which owns a diversified network of oil pipelines and water lines with total length of 7600 km. “KazTransOil” JSC transports approximately 59% of total volume of oil produced in the country for export and for internal market.
The common shares of "KazTransOil" JSC were listed on the Kazakhstan Stock Exchange. In the result of IPO in November-December of 2012, 33 989 citizens of the Republic of Kazakhstan and 10 accumulative pension funds became the shareholders of "KazTransOil" JSC.
Almaz Massalin, Head of Investor Relations Service
+7 7172 555 049
Arman Maikenov, Corporate Secretary
+7 7172 555 034
Raisa Samakova, Head of Press Office
+7 7172 555 135
Payment Agent(only for shares in the nominal holding of Central Securities Depository JSC)
Central Securities Depository JSC
28, microdistrict Samal-1,
The Republic of Kazakhstan
Telephones: +7 (727) 262 03 09, 262 04 02, 262 06 22, 262 11 01, 262 12 23, 262 14 04