United Machine Building Works/OMZ pays dividend for 2005

12 January 2007 (09:48)

United Machine Building Works (aka OMZ (Obedinennye Mashinostroitelnye Zavody, formerly United Heavy Machinery)) has fully paid the dividend for 2005, spending 33,000 RUR. The decision to set the dividend at 0.012 RUR per one preference share was made at the annual general meeting on June 5, 2006. It was also decided not to pay the ordinary share dividend, reports the spokesperson for United Machine Building Works.

The company’s authorized capital comes to 3.823m RUR; it is divided into 35.48m ordinary shares and 2.75m preference shares with face value of .1 RUR. These shares are available at Russian stock exchanges (RTS and MICEX); the ADRs can be found at stock exchanges in London, Berlin, Stuttgart, and Munich, as well as on the U.S. after market.

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