NOVATEK Board of Directors recommends 2014 dividend

Марта 13, 2015

The total dividend distribution for 2014 is RR 10.3 per ordinary share (or RR 103 per GDR), which is 30.5% higher as compared to RR 7.89 (or RR 78.9 per GDR) for 2013.

NOVATEK announced the results of its Board of Directors meeting, whereby the Board recommended to the Annual General Meeting of Shareholders to approve dividend payments on the Company’s shares in the amount of RR 5.2 per ordinary share (or RR 52 per GDR), excluding the interim dividends of RR 5.1 per ordinary share (or 51 per GDR) paid for the six months of 2014.

The Company’s AGM will take place on 24 April 2015. Shareholders at the close of business on the 23 March 2015 will be entitled to participate in the Company’s AGM. The recommended date for compiling the list of shareholders entitled to receive dividends is 5 May 2015.