For Shareholders

Shareholders of JSC Lenenergo possess a set of rights towards the Company, thus their observance and protection is provided by the Board of Directors and Director General of the Company.

An independent Registrar is keeping the register of shareholders. Selection and appointment of an independent registrar who has all the necessary technical facilities and impeccable reputation, enables the Company to ensure reliable and efficient registration of property rights on shares and other securities of the Company.

Shareholders are entitled to regular and timely information about the activities of the Company in the amount and manner consistent with legal requirements.

Shareholders, owners of voting shares have the right to participate in the General Meeting of Shareholders with a right to vote on all issues within its competence.

Shareholders, owners of A-type preferred shares are entitled to participate in the General Meeting of Shareholders with a right to vote on the following issues:

  • On reorganization and liquidation of the Company;
  • On amendments and alterations to the Articles of Association, restricting the rights of shareholders - owners of A-type preferred shares.

The Company for the purpose of the proper observance and protection of the indicated right is obliged to organize a General Meeting of Shareholders in a way that participation of the shareholders do not pose for them with large and time-consuming costs, ensuring equal treatment of all shareholders.

The Company undertakes to provide information to shareholders on the agenda of the General Meeting of Shareholders in the amount and in time for shareholders to make informed decisions.

In the cases stipulated by Law and the Charter of the Company, the Board of Directors is preparing objective-based recommendations for the shareholders.

All information concerning the General Meeting of Shareholders must be obligatory disclosed on the Company's website on the Internet.

Shareholders are entitled to a portion of net profit of the Company in the form of dividends.

The Company for the purpose of proper observance and protection of the indicated right undertakes to pay declared dividends within terms determined by the General Meeting of Shareholders.

Shareholders' rights are governed by the provisions of the Articles of Association and internal documents of the Company.

Rights of shareholders holding at least 1% of the shares:

Rights of shareholders holding in aggregate at least 2% of the shares:

Rights of shareholders holding in aggregate at least 10% of the shares:

Rights of shareholders holding in aggregate at least 25% of the shares: