28th Apr 2010 16:01
NOVATEK's AGM APPROVES 2009 DIVIDENDS
Moscow, 28 April 2010. OAO NOVATEK ("NOVATEK" and/or the "Company") announced that the Annual General Meeting of Shareholders (AGM) approved the Company's dividends payment for 2009.
The AGM resolved to pay dividends in the amount of RR 1.75 per one ordinary share or
RR 17.5 per one Global Depositary Receipt (GDR). The total dividend distribution for 2009, including interim dividends paid for first half of 2009, amounts to RR 2.75 per one ordinary share or RR 27.5 per one GDR.
The interim dividend is payable 60 days after shareholder approval to shareholders of record of the list of persons entitled to receive dividends compiled on 22 March 2010, which also coincided with the date for making a list of those entitled to attend the Company's AGM.
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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 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), MICEX Stock Exchange 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
Related Shares:
NVTK.L