OREANDA-NEWS. May 06, 2011. A meeting of the Board of Directors of Ingosstrakh OJSIC took place in Moscow where a decision was made on the convocation of the Annual General Meeting of Shareholders of Ingosstrakh OJSIC on May 27, 2011. The Directors also approved the agenda of the General Meeting of Shareholders which includes the following issues: election of the new Board of Directors member, Revision Committee, approval of the annual report, balance sheet, company profit and loss account for 2010, auditor insurer, distribution of profit, including payment of dividends on the results of last year’s activity of Ingiosstrakh OJSIC, etc.

The Board of Directors of Ingosstrakh OJSIC recommended the Annual General Meeting of Shareholders to approve the distribution of net profit on the results of activity in 2010 in the following way: leave 2,478,025,000 rubles or 95.02% from the net profit undistributed as capitalized income; allocate 130,000,000 rubles or 4.98% from the net profit on payment of dividends under the shares of Ingosstrakh OJSIC for 2010 in the amount of 5.2 kopecks for one registered ordinary share (5.2% from the share’s nominal value). The members of the Board of Directors also determined the procedure and forms of dividend payment.