Elax PrJSC (Kharkiv), one of the leading suppliers of products and integrated solutions in the field of automation and power supply for industrial enterprises, will pay UAH 50 million in dividends to shareholders based on the results of its operations in 2024 at the rate of UAH 62.5 thousand per share (par value UAH 1).
According to the company’s announcement in the information disclosure system of the National Securities and Stock Market Commission (NSSMC), the decision was made by the general meeting of shareholders on February 17.
The dividend payment period is set from March 4 to July 27, 2025, and will be paid in installments of UAH 10 million.
The company does not disclose the amount of net profit in 2024 (in January-September 2024, according to Clarity Project, it amounted to UAH 39.34 million, retained earnings – UAH 103 million).
According to the NSSMC, as of the third quarter of 2024, the company’s shareholders were Iryna and Dmytro Kolchyk (69.625% and 30.375% of the authorized capital, respectively).
According to the company’s annual report, based on the results of its operations in 2023, dividends were paid in the amount of UAH 50 thousand per share for a total amount of UAH 40 million. In 2023, the company earned UAH 41.8 million in net profit (3.3 times more than a year earlier), with net income increasing 2.5 times to UAH 338.6 million.
Elax provides comprehensive services for the creation of automated process control systems (APCS) based on equipment from leading global manufacturers, develops power supply systems and performs electrical installation and commissioning.
In 2022, it partially relocated production to Rivne.
Customers of the company’s products and services include Metinvest, MHP, Kernel, Lactalis, Nestle, Dyckerhoff, and Zdorovye pharmaceutical company.
According to Clarity Project, in January-September 2024, the company increased its net income by 8% compared to the same period in 2023, to UAH 201.2 million, with net profit growing 2.5 times to UAH 39.3 million.
The shareholders of PrJSC “Production Association ‘Stalkanat’ (Odesa) intend to allocate UAH 60 million 511,837 thousand for dividends at the rate of UAH 0.58 per share from the profit for 2024, and leave the rest as retained earnings.
This issue is included in the agenda of the general meeting of shareholders scheduled for March 10 this year in remote mode.
However, no profit figures for 2024 are provided.
The shareholders plan to review the CEO’s report for 2024 and determine the main areas of activity in 2025. They will also consider the report of the Supervisory Board for the previous year, the conclusions of the audit report of the auditor, and approve measures based on the results of the report review.
It is also planned to approve the results of financial and economic activities for 2024, make a decision on the distribution of profits for the past year, and approve the annual report.
As reported, in 2023, Stalkanat reduced its net profit by 13.8% year-on-year to UAH 280.060 million from UAH 325.073 million. Retained earnings at the end of the year amounted to UAH 373.626 million.
“Stalkanat is one of the largest producers of steel ropes and reinforcing strands in Eastern Europe and a leader in the production of hardware products in Ukraine.
According to the third quarter of 2024, David Nemyrovsky holds a 50% stake, Anton Mikhalenko – 23.7%, and Maria Kondratyuk – 23.1%. Earlier, the company reported that an individual, Vitaliy Dubovich, owned 3.199998% of its shares.
The authorized capital of Stalkanat currently amounts to UAH 17.736 million, with a share price of UAH 0.17.
At a meeting on February 17, the shareholders of Arsenal Insurance (Kyiv) plan to decide to allocate UAH 50.1 million of profit for 2021 for dividends, according to the information disclosure system of the National Securities and Stock Market Commission (NSSMC).
As noted in the draft decision of the meeting, given that the company complies with the solvency capital requirements, there are no significant risks of violation.
The amount of dividends per ordinary share is planned to be approved at UAH 167. To establish that dividends shall be paid directly to shareholders in proportion to the number of shares owned by each of them within a period not exceeding six months from the date of adoption of such a decision.
Arsenal Insurance is the legal successor of Arsenal-Dnipro, which has been operating in Ukraine since 2005. It is represented in all regional centers and some major cities of the country.
According to the National Bank of Ukraine, the company is among the top ten insurers in Ukraine in terms of premiums collected in the first nine months of 2024.
Dnipro Aluminium Plant (Dnipro), which produces aluminum profiles, intends to allocate 64.93% or UAH 10 million of its net profit for 2023 as dividends at the rate of UAH 6,440 per ordinary registered share with a par value of UAH 1,846.1.
The relevant issue was included in the agenda of the extraordinary general meeting of shareholders scheduled for February 4 this year, which was published in the system of the National Securities and Stock Market Commission (NSSMC).
The dividend payment period is proposed to be set from February 21 to August 4, 2025.
According to the company, the remaining UAH 5.402 million of net profit (or 35.07%) is proposed to be left undistributed.
The agenda also includes the issue of shareholders’ prior consent to enter into transactions during the year with a total maximum amount of UAH 130 million, including contracts for the supply of car windows for Ukrzaliznytsia and Kyiv Electric Car Repair Plant, industrial enterprises for up to UAH 100 million, as well as contracts for the provision of banking services for UAH 30 million.
In addition, the shareholders intend to consider entering into a general agreement with the First Ukrainian International Bank for the provision of banking services with a general limit (lending/overdraft/guarantees/bill avalization) of UAH 30 million and valid until September 25, 2029.
Dnipro Aluminium Plant was registered in July 1997. It produces aluminum profiles using Italian equipment, including general-purpose profiles and TEKNO building profile systems under the license of the Italian S.L.L. SPA.
According to the Clarity Project, in 2023, the plant’s net income increased by 57% compared to 2022, with net profit increasing more than 7 times to UAH 15.4 million.
Retained earnings amounted to UAH 48.67 million.
As of the third quarter of 2024, the company’s CEO Oleh Danchenko owns 28.3323% of the company’s shares, his son Oleksandr owns 6.5035%, Mykhailo Senektutov owns 19.2531%, Ivan Sosnovsky owns 14.2949%, and Igor Levin owns 14.2305%.
The authorized capital of the company is UAH 19.95 million.
At the meeting on February 7, the shareholders of VUSO Insurance Company (Kyiv) plan to decide to allocate UAH 44.959 million of retained earnings for 2023 for dividends, the company reported in the information disclosure system of the National Securities and Stock Market Commission (NSSMC).
At the same time, it is specified that the rest of the profit for 2023 in the amount of UAH 16.106 million is planned to remain undistributed. The company’s total net profit for 2023 amounted to UAH 61.065 million.
The agenda of the meeting also specifies that dividends will be paid in full directly to shareholders in accordance with the procedure established by law within six months from the date of the relevant decision by the general meeting of shareholders.
VUSO Insurance Company was founded in 2001. The company holds 50 licenses: 34 – for voluntary and 16 – for compulsory types of insurance, and is represented in all regions of Ukraine. VUSO is a member of the Motor (Transport) Insurance Bureau of Ukraine (MTIBU), the League of Insurance Organizations of Ukraine, and the Nuclear Insurance Pool.
OJSC “Meridian” named after Korolyov” (Kyiv), a part of the state concern ‘Ukroboronprom’, paid dividends to shareholders for 2023 totaling UAH 10.985 million at the rate of UAH 10.9038 per share of UAH 0.5 par value.
According to the information published in the disclosure system of the National Securities and Stock Market Commission (NSSMC), this decision was made by an extraordinary meeting of shareholders on December 5.
At the same time, the dividend payment period is from November 27 to December 31, 2024. Dividends are paid through the depository system and directly to shareholders.
According to the NSSMC for the third quarter of 2024, the state, represented by Ukroboronprom, owns 50.0001% of shares in OJSC Meridian named after Korolyov, and another 40.0753% is owned by Meridian Union LLC, one of the beneficiaries of which, according to Clarity Project, is Vadym Hryb, co-owner of the Tekt investment company.
According to the agenda of the meeting, several options for the distribution of the net profit of UAH 12.205 million received in 2023 were put forward for approval by the shareholders, including 90% of the profit with a payment of UAH 10.9038 per share for dividends, and 10% to replenish the reserve capital.
The agenda also included the issue of the distribution of net profit received in 2024, according to the draft decision, it was planned to set the share of net profit to be allocated to dividends at 35%, and 65% to be used to replenish reserve capital.
“Founded in 1953, Meridian Korolyov is a diversified enterprise specializing in the development and serial production of electronic devices for various purposes, including radio measuring instruments: frequency meters, spectrum analyzers, and generators.
The company also performs galvanizing, laser cutting of metals, and plastic molding.
According to Clarity Project, the company increased its net revenue by 24% in 2023 to UAH 177.43 million compared to 2022, while net profit decreased by 27% to UAH 12.2 million.
