The board of directors of Norilsk Nickel recommended for the AGM approval the dividend payment for the full financial year 2015 in the amount of RUB 230.14 per one ordinary share. The total dividend distribution will amount to approximately $548 million. The board of directors has also proposed to set the dividend record date on June 21, 2016
The board of directors decided to support the Olympic ski resort Rosa Khutor by approving a 3-year financing program of this facility via acquiring shares of Belfund Investments Limited for a total consideration of $250.5 million. The acquisition of the shares will be executed in several installments during 2016-2017. This decision was made in full accordance with Norilsk Nickel’s dedicated program to support mass sports in Russia.
The board of directors also approved of the new structure of the company’s management board which would include the following members: Vladimir Potanin, chairman of the management board and the president, Onik Aznauryan, Sergey Batekhin, Elena Bezdenezhnykh, Andrei Bougrov, Vladislav Gasumyanov, Sergey Dyachenko, Marianna Zakharova, Larisa Zelkova, Elena Kondratova, Sergey Malyshev, Nina Plastinina, and Alexander Ryumin. (Ukrainian metal)