Shareholders of AK Altynalmas approved annual financial statements and decide not to pay dividends on ordinary shares for 2019

11.08.20 11:02
/KASE, August 11, 2020/ – AK Altynalmas (Almaty), whose shares are officially listed on Kazakhstan Stock Exchange (KASE), has informed KASE about decisions of the annual general meeting of shareholders held on July 17, 2020: - to approve the company's consolidated financial statements for 2019; - to approve the following procedure of distribution of the company's net income for 2019: - to use net income on development of the production; - not to accrue dividends on ordinary shares, not to approve the amount of a dividend; - to take note of the fact of absence of shareholders' appeals against actions of the company and its executives in 2019; - to take note of the amount and structure of remuneration to members of the company's Board of Directors and Management Board. Decisions on a total of seven issues of the agenda were taken at the general meeting of shareholders. This information is available (in Kazakh and Russian) at – https://kase.kz/files/emitters/ALMS/alms_annual_shareholders_meeting_results_170720_968.pdf [2020-08-11]