Results of NOVATEK Extraordinary General Meeting of Shareholders
OAO Novatek
RESULTS OF NOVATEK’S EXTRAORDINARY
GENERAL MEETING OF SHAREHOLDERS
OAO NOVATEK (hereinafter “NOVATEK” or the “Company”) today announced the
results of its Extraordinary General Meeting of Shareholders (“EGM”),
held on 15 October 2009.
The EGM approved the payment of an interim dividend in the amount of RR
3,036,306,000 or RR 1.00 per ordinary share (RR 10.00 per GDR). The
interim dividend is payable 60 days after shareholder approval, to
shareholders of record as of 9 September 2009.
The Company’s EGM also approved amendments to the following NOVATEK
corporate documents: the Charter, Regulations for the General Meeting of
Shareholders, Regulations for the Board of Directors and Regulations for
the Management Board.
For more information regarding the voting details of NOVATEK’s EGM
please go to the Company’s website, www.novatek.ru/eng/ir/meeting/.
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For further information, please visit www.novatek.ru
or contact:
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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 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”.
