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Dividends for 2010

Following the decision of general meeting of shareholders of MOTOR SICH JSC from March 24, 2011 where it was taken the decision to spend a part of net profit in an amount equal to 19.8 mln. UAH for dividend payment which is equivalent of 10 UAH per one share, the Supervisory Board of MOTOR SICH JSC adopted following resolution:

            1. Consider May 16, 2011 as the fixed date of compiling the shareholder register for dividend payment;

            2. Dividend payment starts from May 16, 2011 and lasts till September 24, 2011. Shareholders, who do not apply for dividends within the established period, and do not confirm their requisites, will receive dividends after they apply and confirm their requisites.   

            3. Dividend payment is effected at the shareholder’s option: bank transfer to clearing account, mail transfer or via the cash office of Company (for shareholders - legal persons: bank transfer to clearing account).


Dividend amount paid out to legal persons comes to 10.00 UAH per one share.


Under dividend payment income tax is withheld from natural persons in an amount equal to 5% which comes to 0.50 UAH. Dividend amount paid out to natural persons comes to 9.50 UAH per one share.

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