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Notification by persons discharging managerial responsibilities and persons closely associated with them

Moscow, 1 February 2017.
 
1
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
Gennady Timchenko
2
Reason for the notification
a)
Position/status
Director
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
Return of stock to the PDMR under a stock loan agreement dated 20.01.2016 with LLC Volga Group an entity 99.99% directly owned by the PDMR
c)
Price and volume
Price
RUB 546.50
Volume
34,167,892
d)
Aggregated information
 
Price
 
Volume
 
Total
 
 
546.50
 
34,167,892
 
RUB 18,672,752,978.00
 
e)
Date of transaction
20.01.2017
 
f)
Place of transaction
Outside a trading venue
 
4.2
 
a)
Description of the financial instrument, type of instrument
 
Identification code
Ordinary shares
 
 
RU000A0DKVS5
 
b)
Nature of transaction
Return of stock to the PDMR under a stock loan agreement dated 28.04.2016 with LLC Volga Group an entity 99.99% owned by the PDMR
c)
Price and volume
Price
RUB 613.80
Volume
400,934,172
d)
Aggregated information
 
Price
 
Volume
 
Total
 
 
613.80
 
400,934,172
 
RUB 246,093,394,773.60
 
e)
Date of transaction
20.01.2017
f)
Place of transaction
Outside a trading venue
4.3
 
a)
Description of the financial instrument, type of instrument
 
Identification code
Ordinary shares
 
 
RU000A0DKVS5
 
b)
Nature of transaction
Transfer of stock by the PDMR to LLC Volga Group under a stock loan agreement dated 20.01.2017, an entity 99.99% directly owned by the PDMR
c)
Price and volume
Price
RUB 726.00
Volume
713,175,098
d)
Aggregated information
 
Price
 
Volume
 
Total
 
 
726.00
 
713,375,098
 
RUB 517,765,121,148.00
 
e)
Date of transaction
20.01.2017
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.