OREANDA-NEWS. On 14 August 2009 was announced, that OJSC VolgaTelecom (RTS: NNSI/NNSIP, MICEX: VTEL/VTELP, ADR: VLGAY) had paid dividend on its preferred registered uncertified A type shares.

At August 07, 2009 the total dividend paid on preferred shares amounted to RUB 278 million. The size of dividend accrued on one preferred share is RUB 3.600753. The dividend was paid to shareholders in cash.

The resolution of the size of dividend and the time period of its payment was passed by annual general meeting of OJSC VolgaTelecom’s shareholders on June 08, 2009. The size of dividend accrued on preferred shares amounted to RUB 295 million. Non-performance of obligation to pay dividend in full is related to the non-appearance of shareholders in the issuer’s office for receiving dividend by cash, and also to incorrect or incomplete information on the requisites of the bank accounts and mailing addresses of shareholders.