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NOVATEK Board ?f Directors announces date of Annual General Meeting of Shareholders

10th Mar 2010 07:00

FOR IMMEDIATE RELEASE

NOVATEK BOARD ?F DIRECTORS ANNOUNCES DATE OF ANNUAL GENERAL MEETING OF SHAREHOLDERS

Moscow, 10 March 2010. OAO NOVATEK (the "Company") today has announced that the Company's Board of Directors (the "Board") has determined the date for NOVATEK's Annual General Meeting of Shareholders ("AGM").

The Company's AGM will take place on 28 April 2010. Shareholders of record at the close of business on the 22 March 2010 will be entitled to participate in the Company's AGM. All relevant materials pertaining to the AGM will be made available to shareholders of record through the appropriate notification channels.

***

For further information, please contact:

Press Service

+7 (495) 721 2207

[email protected]

Investor Relations

+7 (495) 730 6013

[email protected]

***

OAO 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 Region, which is the world's largest natural gas producing area and accounts for over 90% of Russia's natural gas production and 20% of the world's gas production. NOVATEK is an open joint stock company established under the laws of the Russian Federation. The Company's shares are listed on the Russian Trading System (RTS) and the London Stock Exchange (LSE) under the ticker symbol 'NVTK' and on the NASDAQ PORTAL System as Rule 144A GDR under the ticker symbol "NVATY".

Copyright Business Wire 2010


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