PUBLIC JOINT-STOCK COMPANY CHELYABINSK ZINC PLANT For Immediate Release - April 27, 2016
JSC Chelyabinsk Zinc Plant to hold Annual General Meeting on June 28, 2016Chelyabinsk, Russia - April 26, 2016 - The Board of Directors of JSC Chelyabinsk Zinc Plant ("JSC CZP") (LSE, MOEX: CHZN) adopted a decision to hold an Annual General Shareholders' Meeting of JSC CZP on June 28, 2016.
The Board of Directors of JSC CZP has set May 20, 2016 as the record date for preparing the list of shareholders entitled to participate in the Annual General Meeting.
Shareholders can participate in the meeting personally or submit voting ballots which will be counted for the purposes of the meeting's quorum.
Completed voting ballots should be forwarded to the following addresses:
JSC Chelyabinsk Zinc Plant, 24 Sverdlovsky Trakt, Chelyabinsk 454008, Russian Federation.
JSC "VRK", 16 Dobrolyubova Street, 5th floor, Yekaterinburg, 620014, Russian Federation. The deadline for submission of completed voting ballots: June 26, 2016.
The Annual General Meeting will be held at the following venue: The Conference Hall of the plant administration building (bldg. 4), situated at: 24 Sverdlovsky Trakt, Chelyabinsk, Russian Federation.
The Annual General Meeting will start at 10:00AM (local time), with the registration of meeting participants beginning at 09:00AM (local time).
The Annual General Meeting will address the following agenda items:The adoption of the annual report and annual financial statements, including the profit and loss account of JSC CZP based on the results of the 2015 year.
Distribution of profits and losses of JSC CZP based on the results of the 2015 year.
The election of the Board of Directors of JSC CZP.
The election of the Audit Commission of JSC CZP.
The appointment of the external auditors of JSC CZP.
The approval of an interested party transaction in relation to the obtaining of directors and officers liability insurance for JSC CZP.
The determination of the cost for the provision of directors and officers liability insurance for JSC CZP.
The adoption of redrafted Charter of JSC CZP.
The adoption of redrafted Regulations on the Board of Directors of JSC CZP.
The Board of Directors of JSC CZP has decided to recommend to the Annual General Shareholders' Meeting of JSC CZP not to declare or pay annual dividends based on the results of the 2015 year. Retained earnings at the amount of RUB 2,336,276 thousand based on 2015 results to allocate to finance investment activity of the Company.
The information (materials) that must be provided to shareholders in preparation for the Annual General Shareholders' Meeting will be on display from June 08, 2016 (on business days during business hours from 10:00AM to 04:00PM) at the Department of corporate and property relations of JSC CZP: 24 Sverdlovsky Trakt, Chelyabinsk, Russia, 454008.
About Chelyabinsk Zinc Plant
Chelyabinsk Zinc Plant is the leading Russian zinc and zinc alloys producer. In 2015 the plant produced 171,002 tonnes of salable SHG zinc.
According to consolidated IFRS accounts, revenue in 2014 was RUB 16,508 mln and EBITDA was RUB 3,825 mln.
Ordinary shares of CZP are traded on the Moscow exchange under ticker CHZN and Global Depository Receipts (GDR) are traded on the London Stock Exchange under ticker CHZN.
Investor and Media Contacts:Natalya Vasilieva, PR, ngv@zinc.ru
Tel: +7 (351) 799-01-52Evgeny Ponomarev, IR, eyp@zinc.ru
Tel: +7 (963) 998-55-58JSC Chelyabinsk Zinc Plant issued this content on 27 April 2016 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 27 April 2016 07:48:19 UTC
Original Document: http://en.zinc.ru/netcat_files/197/196/20160427_CHZN_Press_Release.pdf
