INTER RAO Lietuva to pay EUR 0.56 dividend per share

At today’s Annual General Meeting shareholders of AB INTER RAO Lietuva decided to pay a dividend of EUR 11.2 million, or EUR 0.56 per share, for the 2014 financial year.

“The decision of the General Meeting means that almost the entire standalone net profit of AB INTER RAO Lietuva for 2014 was allocated for dividend payment. Simultaneously, the amount corresponds to more than 90% of the Group’s consolidated net profit for 2014. Paying out most of the profits to shareholders is in line with our dividend policy, which we have consistently carried on since our debut on the Warsaw Stock Exchange. Our intention is to continue this policy also in the coming years”, said Giedrius Balčiūnas, the CEO of AB INTER RAO Lietuva.

The dividend record date was scheduled for 15th May and the dividend will be paid out on 28th May.

Today’s Annual General Meeting also adopted a resolution to change the nominal value of the shares and the authorised capital of the Company from litas to euros, by establishing that the nominal value of one share is equal to EUR 0.29 and that the authorised capital of the Company is equal to EUR 5.8 million. In connection with these changes, shareholders also approved new wording of Articles of Association of the Company.

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