Transneft to spend 25% of its net profit for dividends-2014

​At the annual meeting on June 30th 2015 the shareholders of Transneft approved the payment of dividends-2014 at the volume of 2.946 bln roubles.

The company will spend 1.768 bln roubles for general shares (318.67 roubles/share), 1.178 bln roubles for privileged shares (757.87 roubles/share).

The shareholders approved the annual report and annual accounting report for 2014, elected a new Board of Directors and revision Committee, auditors of the company.

The company’s net profit in 2014 under IAS fell by 63% to 59.5 bln roubles.