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Economy 12/07/2013 Uztransgaz to pay dividends for 2012
Uztransgaz to pay dividends for 2012
Tashkent, Uzbekistan (UzDaily.com) -- Uztransgaz joint stock company will pay dividends for 2012, the company’s statement said.

As reported earlier, net income of Uztransgaz grew from 1.346 trillion soums in 2011 to 1.457 trillion soums in 2012.

According to the decision of shareholders, Uztransgaz will direct 786.28 million soums to payment of dividends on preferential shares and about 51.005 billion soums – on ordinary shares.

The size of the dividend per share makes up 111.1371 soums or 11.1% to par value and on preferential share – 250 soums or 25% to nominal.

Total number of shares, on which dividends are paid, makes up 460,843,846 units.

Shareholders kept other part of net income undistributed. The funds will be accrued at Uzbekneftegaz and reinvested into Uztrangaz.

The main shareholders of Uztransgaz are Uzbekneftegaz (51% or 235,030,361 ordinary shares) and the State Committee of Uzbekistan on privatization, demonopolization and development of competition (48.3% or 222,625,002 ordinary shares).

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