Information for Shareholders and Investors
The Company’s authorized capital is equal to 24,353,545,787 rubles and is divided into 48,707,091,574 ordinary shares with 0.5 ruble par value each. In 2008, additional emission of ordinary shares was performed in connection with OJSC MOESK restructuring through consolidation of OJSC Moscow City Power Grid Company.
In accordance with the Company’s Articles of Association, the Company may issue 3,718,126 additional ordinary shares with 0.5 ruble par value each for the total amount of 1,859,063 rubles.
Information of Registered Issues of Shares
|Public registration number of issue||Date of public registration of issue||Number of issued shares, ea.||Par value, RUB||Registration date of report on issue results|
|1-01-65116-D||31.05.2005||28 249 359 700||0.5||31.05.2005|
|1-01-65116-D-001D*||30.06.2008||20 457 731 874||0.5||31.07.2008|
|* Individual code 001 D of public registration number 1-0165116-D-001D assigned to the additional issue of securities was cancelled on November 18, 2008 (Order of Federal Financial Markets Service No. 08-2788/pz-i).|
Structure of shareholding as of May 18, 2015 (date when the list of persons entitled to attend the annual General Meeting of Shareholders was prepared)
Shares on the Stock Market
|Stock exchange||CJSC MICEX Stock Exchange|
|Trading start date||03.02.2006|
|Quotation list||First level from 09.06.2014 (А1 from 19.02.2009)|
|Bloomberg code||MSRS RX Equity, MSRS RU Equity, MSRS RM Equity|
MICEX Trading Results
|Minimum share price per year*, RUB||1.0950||0.8650||0.7430||- 14.10%|
|Maximum share price per year*, RUB||1.7771||1.4548||1.2250||- 15.80%|
|Closing prices on the last trading day of the year, RUB||1.389||1.250||0.750||- 40.00%|
|Average-weighted price as of the last trading session of the year, RUB||1.453||1.330||0.751||- 43.53%|
|Number of transactions per year, ea.||59,872||42,772||19,991||- 53.26%|
|Traded value per year:|
|RUB mln||6.447||8,793||250||- 97.16%|
|mln ea.||5.390||6,580||297||- 95.49%|
Dynamics of Market Capitalization, RUB billion
Dynamics of Prices and Traded Value for PJSC MOESK Stock
Inclusion in Indexes
|Index||Index code||Inclusion date||Weight of shears in index, % 30.12.2015|
|2-tier stock index (in RUB)||MICEXSC||16.09.2014||2.44|
|2-tier stock index (in USD)||РТС-2||16.09.2014||2.44|
|Broad market index (in RUB)||MICEX BMI||30.12.2011||0.04|
|Broad market index (in USD)||RUBMI||31.12.2011||0.04|
|MICEX power stock index (in RUB)||MICEX PWR||03.07.2006||2.61|
|RTS energy stock index (in RUB)||RTSeu||15.09.2006||2.61|
Dynamics of PJSC MOESK Stock Market value and Stock Indexes
1. 04.02.15. — The rating agency Expert RA (RAEX) upgraded the management quality ranking of MOESK to A++.gq (Exceptionally high level of governance quality).
2. 03.03.15. — Accounting report according to the RAS. The net profit of OJSC MOESK for 2014 according to the RAS was 8.2 bln rubles.3. 06.04.15. — Accounting report according to the IFRS. The Group’s profit in 2014 was 8.1 bln rubles, which is 58.52% lower than in 2013. 4. 08.04.15 — Moody’s confirmed the credit rating of OJSC MOESK at the level Ba2. 5. 06.05.15. - Accounting report according to the RAS. The net profit of OJSC MOESK for Q1 2015 was 2.4 bln rubles. 6. 22.05.15. — The Board of Directors of OJSC MOESK recommended to the annual General Meeting of Shareholders to pay dividends on the ordinary shares in the amount of 0.0422 ruble per share. 7. 24.07.15. — Accounting report according to the RAS. The net profit of PJSC MOESK for H1 2015 was 3.2 bln rubles. 8. 27.08.15. — Accounting report according to the IFRS. The profit of PJSC MOESK according to the IFRS for H1 2015 grew by 29.4% to 5.6 bln rubles. 9. 10.09.15. — The Company’s Board of Directors reviewed the program for Company capitalization increase. 10. 30.10.15. — Accounting report according to the RAS. The net profit of PJSC MOESK for 9 months of 2015 was 7.7 bln rubles, EBITDA was 28.4 bln rubles. 11. 11.12.15. — Analyst’s Day: the Company’s executives presented their assessment of operation in 2015 and perspectives of further development. 12. 11.12.15. — PJSC MOESK consolidated 100% of the authorized capital of its subsidiary OJSC “Energotsentr”. 13. 15.12.15. — the Board of Directors of PJSC MOESK approved the Business Plan including the investment program and information on the key operation risks for 2016.
Information on Dividends
(*Information on profit distribution in accordance with
the resolutions of annual general meetings of shareholders (AGMS)
|Category||AGMS 2013 based on results of 2012||AGMS 2014 based on results of 2013||AGMS 2015 based on results of 2014|
|Volume of declared (accrued) dividends (total), including:||4,296||2,910||2,055|
|volume of paid dividends (RUB mln)||4,296||2,910||2,055|
|Share of dividend payments in net profit,%||25||25||25|
|Dividend per share, RUB||0.088201||0.05975||0.0422|
|Dividend yield, %1||5.85||4.11||3.17|
The Company’s dividend policy shall ensure the financial interest of the shareholders, enhance the investment attractiveness of the Company and increase its market capitalization. The policy is based on the balance of Company interests and shareholder interests.
The Company’s dividend policy is governed by the Regulations on the Dividend Policy approved by the resolution of the Company’s Board of Directors dated September 2, 2010 (Minutes No. 114 dated September 3, 2010).
1 The dividend yield is calculated as ratio of dividend per share to market value of shares.
2 Market value as of the last trading session of the year according to moex.com