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.
PJSC Yuzhny, a leading grape producer in Ukraine, will pay UAH 7.301 million in dividends to its shareholders in 2024 at the rate of UAH 0.44 per ordinary share.
According to the company’s announcement in the information disclosure system of the National Securities and Stock Market Commission (NSSMC), the company’s supervisory board made the decision at an extraordinary remote shareholders’ meeting.
The Supervisory Board noted that it would approve the list of persons entitled to receive dividends on January 13, 2025, and that they will be paid in the period from January 14 to June 27 of this year in the full amount in proportion to the share of each shareholder.
According to the Opendatabot resource, PJSC Yuzny is one of the top twenty grape producers in Ukraine and ranks 11th in the financial results of 2023.
Founded in 1998 in the Bilhorod-Dnistrovskyi district of Odesa region, Yuzhny PrJSC specializes in growing grapes, grains, legumes and oilseeds.
In 2023, the company’s revenue amounted to UAH 23.85 million, net profit – UAH 5.271 million, debt obligations – UAH 11.378 million, assets are estimated at UAH 53.606 million. The authorized capital of the company is UAH 4.137 million. The company’s beneficiary is Danil Morshchagin.
Kernel Holding S.A. (Luxembourg), the holding company of one of the largest Ukrainian agricultural holdings, has refused to pay dividends for the 2024 fiscal year (FY, July 2023-June 2024) and will direct the received unconsolidated profit of $53.05 mln to reserves. As stated in the company’s announcement on the Warsaw Stock Exchange, such a decision was made by the shareholders’ meeting on December 10, at which the owner of 94.37% of the company’s shares Namsen Limited of the head of the board of directors and majority shareholder Andrew Werewski had 99.63% of the votes.
It is specified that 276 million 915.05 thousand votes were cast in favor of the decision, while against – 1 million 025.92 thousand. The meeting also approved the consolidated financial report of Kernel with a net profit of $167.95 million, which is 44% worse than 2023FY. The shareholders also confirmed PwC Société cooperative as independent auditor for the new fiscal year.
As reported, the agroholding’s revenue for the past FY grew by 4% to $3.581 bln, while EBITDA declined by 30% to $381 mln.
Kernel Agroholding is the world’s largest exporter of sunflower oil and one of the largest producers and sellers of bottled oil in Ukraine. In addition, it is engaged in the cultivation of agricultural products and their realization. Kernel’s net profit for 2023FY amounted to $299 mln, while the previous year the company finished with a net loss of $41 mln. The company’s revenue for 2023FY decreased by 35% to $3.455 bln, but EBITDA increased 2.5 times to $544 mln. Currently, Kernel’s shares are listed on the Warsaw Stock Exchange at the rate of 12.82 PLN (about $3.15) per unit.
Rush LLC, the owner of the EVA network in Ukraine, will allocate UAH 179.1 million of its net profit for the third quarter of 2024 to pay dividends.
According to the company’s announcement in the information disclosure system of the National Securities and Stock Market Commission (NSSMC), the sole member of the LLC made the decision on November 28.
Thus, the distribution of 50% of the net profit received in the third quarter of 2024 – UAH 179.1 million out of the total profit of UAH 358.3 million – was approved for the payment of dividends. Dividends will be paid no later than six months after the decision is made.
Earlier, in September, the company allocated UAH 133.8 million of its net profit for the second quarter of this year to pay dividends, and in July – UAH 148.8 million of its profit for the first quarter.
Rusch LLC, which manages the EVA network, was founded in 2002. As of June 31, 2024, the chain had 1080 operating stores.
According to Opendatabot, the owner of Rush LLC is Cyprus-based Incetera Holdings Limited (100%), with Ruslan Shostak and Valeriy Kiptyk as the ultimate beneficiaries.
At the end of 2023, the company’s revenue increased by 33.7% to UAH 21 billion compared to 2022, net profit by 26% to UAH 2.2 billion, and asset value by 45.2% to UAH 15.03 billion. In 2023, EVA paid UAH 2.02 billion in taxes and fees to the budgets of all levels.
At a meeting on November 5, shareholders of Ukrainian Fire Insurance Company (UPSC, Kyiv) plan to decide to allocate UAH 4.8 million of retained earnings for 2023 to dividends, according to the company’s information disclosure system.
The amount of dividends per share is UAH 0.3.
As reported, the insurer’s shareholders at a meeting on May 7, 2024, decided to allocate UAH 25.6 million of retained earnings for 2022 for dividends. The amount of dividends per share was UAH 1.6.
“UPSK” PrJSC was registered in 1993. The company specializes in motor, financial, travel, property, cargo and luggage insurance.
The insurer is a member of the Motor (Transport) Insurance Bureau of Ukraine and holds 36 insurance licenses: 20 for voluntary insurance and 16 for compulsory insurance.
According to the National Securities and Stock Market Commission, as of the second quarter of 2024, the owner of 99.999% of the insurer’s shares is Oleksandr Mikhailov.
The authorized capital of the insurer is UAH 100 million.
The insurance company “European Travel Insurance” (ETS, Kiev) will allocate UAH 95 million of retained earnings received for 2015-2021 (except 2019) for the payment of dividends. As the company reported in the information base of the NCSSM, such a decision was made at the general meeting of shareholders on September 30, 2024.
Thus, for the payment of dividends will be directed 3.895 million UAH of retained earnings of the company received for 2015, 7.655 million UAH – for 2016, 15.473 million UAH – for 2017, 16.1 million UAH – for 2018, 14.7 million UAH – for 2020 and 37.2 million UAH – for 2021.
Part of the profit for 2021, which is not directed to the payment of dividends according to this decision and is not directed to increase the authorized capital according to the minutes of the general meeting on April 27, 2023, will remain undistributed.
The message also specifies that dividends will be paid directly to shareholders from September 30, 2024 to March 30, 2025.
As reported, IC “European Travel Insurance” was founded in 2006. It occupies one of the leading positions in the travel insurance market of Ukraine. The company is a part of non-banking financial group “Euroinsurance Group”.
In 2023 it collected insurance premiums in the amount of UAH 151,2 mln, which is almost the same as a year earlier, having finished 2023 with net profit in the amount of UAH 12,937 mln.
