MOSCOW, March 10. The Board of Directors of OAO NOVATEK recommended to the shareholders at the annual meeting on April 22 to take a decision on dividend payment for 2015 of $ 6.9 rubles per share, according to the company.
See also
NOVATEK is ready to involve Japanese companies in the framework of the project “Arctic LNG”
Dividends recommended at the rate of 6.9 rubles per one ordinary share (or 69 rubles per one GDR), excluding the interim dividend of 6.6 rubles per one ordinary share (or 66 rubles per GDR) paid for the first six months of 2015.
Thus, the total dividend for 2015 will amount to 13.5 rubles per share (or 135 rubles per GDR), which is 31% higher, compared to 10.3 rubles (or 103 rubles per GDR) for 2014.
The annual meeting will be held on April 22, 2016, the register closing date for participation is March 21. Recommended date of making the list of shareholders entitled to receive dividends on 4 may.
As previously reported, the final dividend of NOVATEK for 2014 amounted to 5.2 rubles per share.
Adjusted net profit of NOVATEK’s attributable to shareholders for 2015 by the international financial reporting standards (IFRS) in comparison with previous year has grown in 2,1 times – to 74.4 billion rubles.
Major shareholders of NOVATEK are the structure of Russian businessman Leonid Mikhelson and Gennady Timchenko, and also French Total, which owns the 18,64% of the company’s shares.
