(AGENPARL) – gio 21 aprile 2022 FOR IMMEDIATE RELEASE
NOVATEK’s AGM Approves
Dividends
Moscow,
April
PAO NOVATEK (“NOVATEK” and/or the “Company”) announced
that the Annual General Meeting of Shareholders (“AGM”) approved the total dividend payment
The total dividend distribution for 2021 is RR 71.44 per ordinary share, representing an increase
of 100.9% as compared to RR 35.56 for 2020.
The total recommended dividend payout amount
for 2021 is RR 216,913,700,640, which is consistent with the Company’s Dividend Policy of
distributing not less than 50% of the consolidated net profit under IFRS ad
justed for the items
unrelated to the Company’s core business and non
cash items.
The shareholders of record as at
will be entitled to receive dividends.
The dividend is payable in cash not later than
June
further
information
please
visit
novatek
contact:
Press Service
Investor Relations
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, producti
on, 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 produ
cing 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.