NOVATEK shareholding changes
Moscow, 29 December 2007. OAO NOVATEK today has received a notice from it’s shareholder, SWGI Growth Fund (Cyprus) Ltd, of the effected sale under a private placement of 171,854,919 ordinary shares in NOVATEK comprising 5.6599% in NOVATEK share capital.
Bluebird Securities S.A., a company incorporated in Luxemburg, earlier announced in a press release that is has acquired 171,854,919 ordinary shares in NOVATEK in a transaction arranged and financed by Deutsche Bank AG, London Branch.
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. Upstream activities of the Company’s subsidiaries and joint ventures 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.