Major Shareholding Notification • Aug 5, 2013
Major Shareholding Notification
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National Storage Mechanism | Additional information
CHANGE IN SHAREHOLDING OF NOVATEK
Moscow, 05 August 2013. OAO NOVATEK (“NOVATEK” and/or the “Company”) has received a notice from OOO Santata regarding a decrease in its equity stake in the Company from 11.75% to 7.125%.
In accordance with a press release for the Volga Group, which includes OOO Santata, the change is due to repo transactions necessary under financing terms with international and Russian banks and does not affect the consolidated shareholding in NOVATEK by the Volga Group.
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For further information, please visit www.novatek.ru or contact:
| Press Service | Investor Relations | ||||
| +7 (495) 721 2207 | +7 (495) 730 6013 | ||||
| [email protected] | [email protected] | ||||
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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 90% of Russia’s natural gas production and approximately 17% 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 MICEX-RTS Stock Exchange and the London Stock Exchange (LSE) under the ticker symbol “NVTK”.
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