The Board of Directors of sets up the record date for EGM and dividend payment.

23.10.2013 10:54

OJSC “Company” (RTS, MICEX: MVID), Russia’s largest consumer electronics retailer by revenue, announces the decisions of the Company’s Board of Directors on recommendations to the Extraordinary General Meeting (EGM) of shareholders.

The Board of Directors took a decision to call the EGM on December 11, 2013 and to recommend to the EGM to approve annual dividend in the amount of 13,8 rubles per 1 ordinary share of OJSC “Company”. The total recommended dividend will amount to approximately 2.5 billion RUB.

The Board recommended to the EGM that the dividend should be paid no later than end of 2013.

November 1, 2013 is set up as record date for the EGM of OJSC “Company” shareholders and for the dividend.