Gazprom

Share Issue/Capital Change • Jul 15, 2016

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RNS Number : 3792E

PJSC Gazprom

15 July 2016

RELEASE

15.07.2016

Gazprom buying out its own shares from Vnesheconombank

Gazprom Group today signed a number of agreements with Vnesheconombank to purchase a block of ordinary shares and ADRs representing Gazprom's ordinary shares that amounts to 3.59 per cent of the Company's equity capital.

«Gazprom's shares are strongly undervalued by the market and have considerable growth potential. This is why we seized the opportunity to buy out a large block of our shares», said Alexey Miller, Chairman of the Gazprom Management Committee.

INFORMATION DIRECTORATE, PJSC GAZPROM

www.gazprom.ru

__________________________________________________________________________

Media                                                                                    Investment Community

+7 (495) 719-10-77                                                                        +7 (495) 719-34-83

+7 (495) 719-47-36

+7 (495) 719-24-32

+7 (495) 719-28-01

pr@gazprom.ru                                                                     ir@gazprom.ru

This information is provided by RNS

The company news service from the London Stock Exchange

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