Voting Results History
Extraordinary General Meeting of Shareholders
Agenda items | For | Against | Withheld |
|---|---|---|---|
1. To approve the related party transaction (Deed of Indemnity (hereinafter – “the Deed”) governed by the English law) subject to the following material terms and conditions: Parties: OAO NOVATEK, GPB-Financial Services LTD, SIB (Cyprus) Limited and/or their affiliates. Subject of the transaction: In view of the fact that OAO NOVATEK is planning to raise one or several loans from Novatek Finance Limited funded through the issue and placement of Novatek Finance Limited loan participation notes (Eurobonds) in one or several tranches in the international capital markets for the total amount of USD 1,500,000,000 (One billion five hundred million) (or its equivalent in any other currency) with an annual interest rate of up to 9% and for the period of up to 10 years for each of the loans, OAO NOVATEK assumes obligations to reimburse and compensate certain expenses under the Deed as provided therein within the below stated liability cap to GPB-Financial Services LTD, SIB (Cyprus) Limited and/or their affiliates and other parties to which there will be applicable the Deed provisions relating to reimbursement or compensation of possible expenses, and OAO NOVATEK assumes other liabilities envisaged by the Deed. Beneficiaries: GPB-Financial Services LTD, SIB (Cyprus) Limited and/or their affiliates and other parties to which there will be applicable the Deed provisions relating to reimbursement or compensation of possible expenses. | 80.8465% | 0% | 0.0902% |
2. To approve the related party transaction (Gas Supply Contract) between ОАО NOVATEK (Supplier) and ОАО Mosenergo (Buyer) subject to the following material terms and conditions: Subject of the transaction: natural gas supply. Gas supply volume: not more than 27,150,000,000 (twenty seven billion one hundred fifty million) cubic meters. Price of the transaction: not more than RR 155,500,000,000 (one hundred and fifty five billion five hundred million) including 18% VAT. The gas price is calculated for the period of 2013 – 2015 based on the forecasted increase in gas prices for RF industrial consumers and the price for gas transportation through the gas distribution network. Delivery period: 2013 – 2015. | 80.8664% | 0% | 0.0703% |
3. To approve the related party transaction (Natural Gas Liquids (NGL) Transportation and Processing Service Agreement)) between ОАО NOVATEK (Customer) and ОАО SIBUR Holding (Contractor) subject to the following material terms and conditions: Subject of the transaction: NGL transportation from Purovsky Plant to OOO Tobolsk-Neftekhim; NGL processing at gas fractionation facilities of OOO Tobolsk-Neftekhim; Volume of transported and processed NGL: not more than 24,000,000 (twenty for million) tons; Transaction price: not more than RR 36,000,000,000 (thirty six billion) including 18%VAT. The services price is calculated for the period from 2014 to 2033 according to formula based on the difference between the cost of LPG railroad transportation from ООО Tobolsk-Neftekhim to LPG consumer markets against the cost of LPG transportation from the Purovsky Plant to similar markets subject to the cost of processing and forecasted increase of formula components; Delivery period: 2014 through 2033 (inclusively). | 80.7163% | 0% | 0.0908% |
4. To approve the related party transaction (NGL Supply Contract) between ОАО NOVATEK (Supplier) and ОАО SIBUR Holding (Buyer) subject to the following material terms and conditions: Subject of the transaction: NGL supply; NGL supply volume: not more than 36,000,000 (thirty six million) tons; Price of the transaction: not more than RR 410,000,000,000 (four hundred and ten billion) including 18% VAT. The NGL price is determined according to formula based on the market value of products received as a result of NGL processing. The NGL price is calculated for the period from 2014 to 2033 according to formula based on the market value of products received as a result of NGL processing subject to forecasted increase of formula components; Delivery period: 2014 through 2033 (inclusively). | 80.7163% | 0% | 0.0908% |
5. To approve the related party transaction (LPG Supply Contract) between ОАО NOVATEK (Supplier) and ОАО SIBUR Holding (Buyer) subject to the following material terms and conditions: Subject of the transaction: LPG supply LPG supply volume: not more than 8,000,000 (eight million) tons; Price of the transaction: not more than RR 100,000,000,000 (one hundred billion) including 18% VAT. The LPG price is calculated for the period from 2014 to 2033 according to formula based on LPG export price set at the shipment point (exclusive of custom duty and transportation costs) subject to the expected increase of formula components; Delivery period: 2014 through 2033 (inclusively). | 80.7163% | 0% | 0.0908% |