PAO КТК (КТК, MICEX: KBTK), one of the largest producers and exporters of thermal coal in Russia, informs that Annual General Meeting of shareholders was held on 30 May 2016 which approved the annual report and financial statements of the company based on 2015 results and elected the Board of Directors.
According to the voting results of the shareholders the following nominees enlisted in the list, which had been previously approved by the Board of Directors, were elected to the Board of Directors of PAO KTK:
The shareholders resolved to retain the net profit received on the basis of 2015 results at the disposal of the Company. Dividends on shares of the Company for 2015 will not be paid.
AO KPMG was appointed as an Auditor of financial statements of Public Joint Stock Company Kuzbasskaya Toplivnaya Company under IFRS and RAS standards for 2016.
Contacts for press, analysts and investors:
Elena Sarycheva
Head of Public Affairs Department
+7 (3842) 36-47-62
es@oaoktk.ru
