Zaporozhye Iron Ore Combine shareholders intend to discuss the paying of dividends for 2014.
The extraordinary meeting of shareholders is scheduled for January 30, according to Minerfin, a.s., owning 51.1697% of the company shares.
Out of the 1.129 billion UAH of net profit for 2014, the company will spend 850 million UAH to pay dividends, or 7.57 UAH per ordinary share.
279.12 million of net profit will remain undistributed.
The shareholders also plan to re-elect the board of directors, make amendments to the statutory documents, liquidate the revision commission and approve of a number of major deals. (Ukrainian metal)
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