MTS said about the decisions of the meeting aktsionirovana days, the company “Mobile TeleSystems” (MTS) has announced some of the decisions adopted at the General meeting of shareholders of MTS OJSC held on June 25, 2009.
The shareholders decided:
Approve the annual report of MTS OJSC for 2008 and annual financial statements of MTS OJSC for 2008 according to Russian accounting standards;
To pay annual dividends for 2008 in the amount of 20.15 rubles. per share (income per share amounted to 8.0%). Dividends are not paid on 37.762.257 shares acquired MTS in September 2008
year in the framework of a mandatory share repurchase. The total dividend will amount 39,40 bn (1.158, $ 3 billion). Dividends will be paid until the end of 2009.
In addition, the shareholders approved the Board of Directors of OJSC “Mobile TeleSystems”, which included:
Anton Abugov – first Vice-President, head of strategy and development, Sistema;
Alexey Buyanov – senior Vice President, chief financial AFK “System”;
Mohanbir Gyani – independent member of the Board of Directors of MTS OJSC;
Sergey Drozdov senior Vice President, head of property complex, Sistema;
Tatyana Yevtushenkov – the adviser of the President of JSC “Sberbank of Russia”;
Ron Sommer first Vice President of Sistema JSFC, head of business unit “Telecommunication assets”;
Daniel Crawford is an independent member of the Board of Directors of MTS OJSC;
Paul Ostling, independent member of the Board of Directors of MTS OJSC;
Mikhail Shamolin President of MTS OJSC.
