RU EN
We are on social networks:

Press Releases and Events

Notification by persons discharging managerial responsibilities

Moscow, 10 January 2017.
 
1
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
VRN S.A.R.L.
2
Reason for the notification
a)
Position/status
Entity 100% owned by PDMR: Director Gennady Timchenko
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
-
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
Ordinary shares
 
 
RU000A0DKVS5
 
b)
Nature of transaction
Off-market purchase by director of PAO NOVATEK Gennady Timchenko from VRN S.A.R.L.
c)
Price and volume
Price
RUB 783.70
Volume
770,000
d)
Aggregated information
 
Price
 
Volume
 
Total
 
 
783.70
 
770,000
 
RUB 603,449,000.00
 
e)
Date of transaction
2016-12-23
f)
Place of transaction
Outside a trading venue

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.