KMG EP to direct $730 mln to dividends payment in 2013

Date: 09:19, 14-05-2014.

Almaty. May 14. KazTAG - KazMunayGas Exploration and Production plans to direct $730 mln to dividends payment for 2013, reports the press-service of the company.

"The order of net profit distribution and size of the dividends per one ordinary and privileged share have been approved at the annual meeting of shareholders and session of EP KMG board. According to the solution of the shareholders the size of the dividends in 2013 will make up 1976 tenge per one share (both ordinary and privileged) including taxes," reads the message.

The sum of the dividends will make up about 135 bln tenge in 2013 (about $730 mln).

The payment will start on June 24 2014.

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