Press Releases and Events
NOVATEK’s shareholders approve interim dividends
Moscow, 15 October 2014. The Extraordinary General Meeting of Shareholders (“EGM”) of OAO NOVATEK (“NOVATEK” or the “Company”) held on 14 October 2014 resolved to pay dividends for the first half 2014.
The EGM approved the interim dividends in the amount of RR 5.1 per one ordinary share or RR 51.0 per one Global Depositary Receipt with the total dividend distribution amounting to RR 15.5 billion. The list of persons entitled to receive dividends will be compiled as at 27 October 2014. The dividends will be paid in cash by 3 December 2014.
For more information regarding the voting details of NOVATEK’s EGM please go to the Company’s website: www.novatek.ru/en/investors/meetings/.
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.