10th Jan 2017 13:30
Notification by Persons DischargingManagerial Responsibilities
Moscow, 10 January 2017
1 | Details of the person discharging managerial responsibilities / person closely associated | ||
a) | Legal person | LLC Volga Group | |
2 | Reason for the notification | ||
a) | Position/status | Entity 99,9% 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 | Return of stock under a loan agreement dated 22/12/15 | |
c) | Price and volume | Price RUB 584.50 | Volume 277,303,034 |
d) | Aggregated information
Price
Volume
Total |
584.50
277,303,034
RUB 162,083,623,373.00 | |
e) | Date of transaction | 2016-12-22 | |
f) | Place of transaction | Outside a trading venue |
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For further information, please visit www.novatek.ru or contact:
Press Service +7 (495) 721 2207 | Investor Relations +7 (495) 730 6013
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PAO NOVATEK is Russia's largest independent gas producer and the second-largest natural gas producer in Russia. Founded in 1994, the Company is engaged in the exploration, production, processing and marketing of natural gas and liquid hydrocarbons. The Company's upstream activities are concentrated 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 16% of the world's gas production. NOVATEK is a public joint stock company established under the laws of the Russian Federation. The Company's shares are listed in Russia on Moscow Exchange (MOEX) and the London Stock Exchange (LSE) under the ticker symbol «NVTK».
Related Shares:
NVTK.L