05.02.2013 NCSP Board of Directors sets AGM Agenda

Novorossiysk Commercial Sea Port Group (“NCSP Group” or the “Group”) (LSE: NCSP, Moscow Exchange: NMTP) reports that its Board of Directors on 4 February 2013 approved the agenda for the 2013 Annual General Meeting of shareholders (AGM), including candidates for the annual election of the Board of Directors and the Audit Commission.

                                                   

The AGM agenda will include following items to be voted upon:

 

1)      Approval of the Group’s annual report

2)      Approval of the Group’s annual financial statements

3)      Approval of the distribution of the Group’s profit for FY 2012

4)      Approval of the amount, timing and form of dividends to be paid for FY 2012

5)      Election of the Group’s Board of Directors

6)      Election of the Group’s Audit Commission

7)      Approval of the Group’s auditor

 

The Board approved the following candidacies for the new Board of Directors.

 

Proposed by the Federal Agency for Property Management on behalf of the Russian Federation:

 

-           Alexander Tikhonov, Department Director at the Russian Federation Ministry of Transport

-           Vitaly Sergeychuk, Deputy Head of Division at the Russian State Property Management Service

 

Proposed by Novoport Holding Limited:

 

-           Rado Antolovich, CEO of NCSP Group

-           Mikhail Barkov, Vice President of Transneft

-           Alexander Vinokurov, President of Summa Group

-           Maksim Grishanin, First Vice President of Transneft

-           Sergey Kireev, CEO of Trasneft Service

-           Marat Shaydaev, First Deputy CEO of NCSP Group

 

The Board approved the following candidacies for the new Revision Commission:

 

Proposed by the Federal Agency for State Property Management on behalf of the Russian Federation:

 

-           Galina Baturina

-           Oleg Zenkov

-           Veronica Makeeva

-           Eduard Matko

 

Proposed by Novoport Holding Limited:

 

-           Ekaterina Vlasova

-           Tatiana Nesmeyanova

-           Margarita Russkikh

-           Artur Shamkut

 

About NCSP Group

 

NCSP Group is the largest port operator in Russia and the third-largest in Europe, in terms of cargo turnover. NCSP shares are traded on Russia's Moscow Exchange (ticker: NMTP) and on the London Stock Exchange in the form of GDRs (ticker: NCSP). 50.1% shares of PJSC “NCSP” belong to Novoport Holding Ltd, the beneficial owners of which are OJSC “Transneft” and Summa Group. NCSP Group cargo turnover in 2011 totalled 157 million tonnes. Consolidated revenue according to IFRS totalled $1,050 million and EBITDA was $550 million, in 2011. NCSP Group consolidates the following companies: PJSC “Novorossiysk Commercial Sea Port”, LLC “Primorsk Trade Port”, PJSC “Novorossiysk Grain Terminal”, OJSC “Novorossiysk Ship Repair Yard”, OJSC “NCSP Fleet”, OJSC “NLE”, OJSC “IPP”, CJSC “Baltic Stevedore Company” and CJSC “SFP”.

For more information contact:

 

Public relations: KSenko@ncsp.com 

Investor relations: Mshchur@ncsp.com