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Rosneft M&A Activity 2016

Oct 12, 2016

6489_rns_2016-10-12_ef2b258a-c50d-4499-b27c-77e3e821e00d.html

M&A Activity

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National Storage Mechanism | Additional information

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RNS Number : 3937M

Rosneft Oil Company

12 October 2016

Announcement of the acquisition of the Government's Stake of Bashneft

Rosneft today signed the Sale and Purchase Agreement for the Government's stake of Bashneft Public Joint Stock Company and fully fulfilled its obligations under the agreement, by paying RUB 329.7 bln to the accounts of the Federal Treasury. The deal for the acquisition of the controlling share of the Company is closed.

Rosneft Information Division

Tel.: + 7 (499) 517-88-97

October, 12, 2016

These materials contain statements about future events and expectations that are forward-looking in nature. Any statement in these materials 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. We assume no obligations to update the forward-looking statements contained herein to reflect actual results, changes in assumptions or changes in factors affecting these statements.

This information is provided by RNS

The company news service from the London Stock Exchange

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