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NOVATEK’s AGM Approves 2016 Dividends
Mark Gyetvay, Deputy Chairman of the Management Board
Alexander Nazarov, Head of IR
+7 (495) 730-6013
Mikhail Lozovoy, Press-secretary
+7 (495) 721-2207
21 April 2017
Moscow, 21 April 2017. PAO NOVATEK (“NOVATEK” and/or the “Company”) announced that the Annual General Meeting of Shareholders (“AGM”) approved the total dividend payment for 2016.
The total dividend for 2016 will amount to RR 13.9 per one ordinary share or RR 139 per one Global Depositary Receipt (GDR), including the interim dividends of RR 6.9 per ordinary share or RR 69 per one GDR paid for the first half 2016.
The shareholders of record as at 2 May 2017 will be entitled to receive dividends.
The dividend is payable in cash not later than 8 June 2017.
PAO NOVATEK is Russia’s largest independent gas producer and the second-largest natural gas producer in Russia. 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 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 16% 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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