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Results of NOVATEK’s Extraordinary General Meeting of Shareholders
17 October 2011
Moscow, 17 October 2011. OAO NOVATEK (hereinafter “NOVATEK” and/or the “Company”) announced that the Extraordinary General Meeting of Shareholders (“EGM”) approved the Company’s dividend payment based on NOVATEK’s results for the first half of 2011 prepared in accordance with Russian accounting standards.
The EGM resolved to pay dividends in the amount of RR 2.50 per one ordinary share or
RR 25.00 per one Global Depositary Receipt. The total dividend distribution for the first half of 2011 amounts to RR 7,590,765,000.
The interim dividend is payable 60 days after shareholder approval, to shareholders of record of the list of persons entitled to receive dividends compiled on 8 September 2011, which also coincided with the date for making a list of those entitled to attend the Company’s EGM.
For more information regarding the voting details of NOVATEK’s EGM please go to the Company’s website, http://www.novatek.ru/en/investors/meetings/ .
PAO NOVATEK is the largest independent natural gas producer in Russia, and in 2017, entered the global LNG market by successfully launching the Yamal LNG project. Founded in 1994, the Company is engaged in the exploration, production, processing and marketing of natural gas and liquid hydrocarbons. The Company’s upstream activities are concentrated mainly in the prolific Yamal-Nenets Autonomous Region, which is the world’s largest natural gas producing area and accounts for approximately 80% of Russia’s natural gas production and approximately 15% of the world’s gas production. NOVATEK is a public joint stock company established under the laws of the Russian Federation. The Company’s shares are listed in Russia on Moscow Exchange (MOEX) and the London Stock Exchange (LSE) under the ticker symbol “NVTK”.
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