NOVATEK

Director's Dealing • Feb 1, 2016

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RNS Number : 6794N

OAO Novatek

01 February 2016

FOR IMMEDIATE RELEASE

Notification by persons discharging

managerial responsibilities

Moscow, 1 February 2016. OAO NOVATEK ("NOVATEK" and/or the "Company") has received notice from the member of the Company's Board of Directors Gennady Timchenko regarding a change in his direct equity stake of ordinary shares of NOVATEK. 

Name	% of ordinary shares prior to notification	% of ordinary shares after notification	Date of notification of change in equity stake
Gennady Timchenko	14.33%	13.20%	01.02.2016

The Company has also received a notification from Volga Group about an increase in its direct equity stake of ordinary shares of NOVATEK from 9.13% to 10.26%.

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For further information, please visit www.novatek.ru or contact:    

Press Service +7 (495) 721 2207  press@novatek.ru	Investor Relations +7 (495) 730 6013 ir@novatek.ru

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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 Autonomous Region, which is the world's largest natural gas producing area and accounts for approximately 80% of Russia's gas production and approximately 16% 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 in Russia on Moscow Exchange (MOEX) and the London Stock Exchange (LSE) under the ticker symbol «NVTK».

This information is provided by RNS

The company news service from the London Stock Exchange

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