Tatneft-3

Notice of Dividend Amount • May 23, 2022

National Storage Mechanism | Additional information

RNS Number : 4742M

PJSC Tatneft

23 May 2022

23 May 2022

Tatneft Board of Directors recommended to pay dividends for 2021

On 23 May 2022 the Board of Directors of PJSC Tatneft (the "Company") resolved to recommend to the annual general shareholders meeting to be held by absentee voting (the "AGM") to be held on 23 June 2022 to approve the dividends for 2021, taking into account previously paid dividends for the six and nine months of 2021, as follows: 

preferred shares: 4264% of the nominal (par) value, i.e. 42 Rubles 64 Kopecks per share; 

ordinary shares: 4264% of the nominal (par) value, i.e. 42 Rubles 64 Kopecks per share. 

The 2021 final dividend (in addition to the interim dividends for the six and nine months of 2021) of 16 Rubles 14 Kopecks (1614% of the par value) per each preferred and ordinary share to be paid in cash pursuant to the requirements of Russian law.

The Board of Directors recommended to the AGM to establish 8 July 2022 as the date for determining the persons entitled to receive the dividends based on the results of 2021.

The remaining net income of the Company, after the dividends payment, shall be accounted for as accumulated income. 

The Board of Directors also approved the materials and ballots relating to the AGM.

This press release contains inside information.

Forward-looking statements and waiver of liability: This press release contains statements about future events and expectations that are forward-looking in nature. Any statement in this press release that is not a statement of historical fact is a forward-looking statement that involves known and unknown risks, uncertainties and other factors which may cause actual results, performance or achievements expressed or implied by such forward-looking statements to differ. PJSC Tatneft assumes no obligations to update the forward-looking statements contained herein to reflect actual results, changes in assumptions or changes in factors affecting these statements. The amounts and percentages mentioned or referred to in this press release could be presented after rounding and, therefore, they might differ from the actual sums and results contained in the Company's reporting documents. PJSC Tatneft shall bear no responsibility to correct or reimburse any sums which might constitute the difference between the amounts mentioned in this press release and those in respective reporting documents, and all payments are made by PJSC Tatneft exclusively on the basis of decisions made by its authorised corporate bodies in the amounts and within the corporate proceedings set out in such decisions.

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