15th Oct 2014 14:15
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: http://www.novatek.ru/en/investors/meetings/.
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For further information, please visit www.novatek.ru or contact:
| Press Service | Investor Relations | ||||||||||||||||
| +7 (495) 721 2207 | +7 (495) 730 6013 | ||||||||||||||||
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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 Autonomous Region, which is the world’s largest natural gas producing area and accounts for approximately 90% of Russia’s natural gas production and approximately 17% 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 in Russia on Moscow Exchange (MOEX) and the London Stock Exchange (LSE) under the ticker symbol «NVTK».
Copyright Business Wire 2014
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