Press Releases and Events
Notification by Persons Discharging Managerial Responsibilities and Persons Closely Associated with them
Moscow, 20 March 2020.
1 | Details of the person discharging managerial responsibilities / person closely associated | ||
a) | Person that consummated the transaction | Type of person: Natural person Name of the natural person: Leonid Mikhelson | |
2 | Reason for the notification | ||
a) | Position/status | The notification is made by the person discharging managerial responsibilities, Chairman of the Management Board | |
b) | Initial notification/Amendment | Initial notification | |
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | ||
a) | Name | PAO NOVATEK | |
b) | LEI | 2138008R6GCRVBDFA581 | |
4 | Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted | ||
4.1 | |||
a) | Description of the financial instrument, type of instrument Identification code | Global Depositary Receipts US6698881090 | |
b) | Nature of transaction | Sale (First leg of the REPO trade) | |
c) | Price and volume | Price, Euro 57.15565768 | Volume 62,920 |
d) | Aggregated information Price Volume Total | Euro 57.15565768 62,920 Euro 3,596,233.98 | |
e) | Date of transaction | 17.03.2020 10:02:03 | |
f) | Place of transaction | OTC market | |
4.2 | |||
a) | Description of the financial instrument, type of instrument Identification code | Ordinary shares RU000A0DKVS5 | |
b) | Nature of transaction | Sale (First leg of the REPO trade) | |
c) | Price and volume | Price, Euro 5.9777572 | Volume 160,450 |
d) | Aggregated information Price Volume Total | Euro 5.9777572 160,450 Euro 959,101.43 | |
e) | Date of transaction | 17.03.2020 11:34:34 | |
f) | Place of transaction | OTC market | |
PAO NOVATEK is one of the largest independent natural gas producers 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 Area, 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.