NOVATEK’s shareholders OK interim dividends
The Extraordinary General Meeting of Shareholders (“EGM”) of OAO NOVATEK (“NOVATEK” or the “Company”) held on 16 October 2012 resolved to pay dividends for the first half 2012, the Company press release said.
The EGM approved the interim dividends in the amount of RR 3.0 per one ordinary share or RR 30.0 per one Global Depositary Receipt with the total dividend distribution amounting to RR 9.1 billion. The dividends will be paid in cash by 15 December 2012. The list of persons entitled to receive dividends was compiled as at 10 September 2012.
The EGM also approved a long-term contract for the procurement of gas from OAO Sibur Holding.