Severalmaz BOD proposed the holders to pass the 2013-dividends due to the lack of net profit, the company informed.
The annual meeting will be held May 20. The dividends and interest-bearing deals should be considered along with other issues.
Severalmaz (Arkhangelsk reg., TIN 2901038518) was formed in Mar. 1992 to develop M.Lomonosov's field which includes 6 kimberlite pipes. The extraction was launched in 2005 to provide 1mln ton/year.
The share capital is split in 389457070 common stocks of 1 rub. par. ALROSA is a major holder.
The 2013-net losses moved down 0.54% (IAS) to 183mln rub. from 184mln rub.; revenues dropped 34.41% to 1.077bn rub. from 1.642bn rub.; pretax losses increased 26.77% to 251mln rub. from 198mln rub.