Translation. Region: Russian Federation –
Source: NOVATEK – Novatec – An important disclaimer is at the bottom of this article.
The Board of Directors of PJSC NOVATEK recommended dividends for the first half of 2025.
Moscow, August 22, 2025. The Board of Directors of PJSC NOVATEK (hereinafter referred to as "NOVATEK" and/or the "Company") discussed the Company's operating results for the first half of 2025 and decided to hold an extraordinary absentee vote of the General Meeting of Shareholders of PJSC NOVATEK (hereinafter referred to as the "Meeting") with the closing date for accepting voting ballots being September 24, 2025. The Board of Directors approved the following agenda for the Meeting:
On the payment of dividends based on the results of the first half of 2025.
The Board of Directors recommended that the Extraordinary General Meeting of Shareholders adopt a decision to pay dividends on ordinary shares of PJSC NOVATEK based on the results of the first half of 2025 in the amount of 35.50 rubles per share.
The list of persons entitled to vote in decisions taken by the general meeting of shareholders will be compiled on September 1, 2025. The Board of Directors proposed setting the date on which persons entitled to receive dividends are determined as October 6, 2025.
NOVATEK PJSC is one of the largest independent natural gas producers in Russia. In 2017, the Company entered the international LNG market with the successful launch of the Yamal LNG project. Founded in 1994, the Company is engaged in the exploration, production, processing, and marketing of gas and liquid hydrocarbons. The fields and license areas of NOVATEK's subsidiaries and affiliates are located primarily in the Yamal-Nenets Autonomous Okrug, the world's largest natural gas producing region, accounting for approximately 80% of Russia's gas production and approximately 15% of global gas production. NOVATEK is a public joint-stock company established under the laws of the Russian Federation.
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