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NOVATEK Board of Directors recommends 1H 2015 dividend

MOSCOW--(BUSINESSWIRE)--

NOVATEK BOARD OF DIRECTORS RECOMMENDS 1H 2015 DIVIDEND

Moscow, 24 August 2015. OAO NOVATEK (“NOVATEK” or the “Company”) announced the results of its Board of Directors (“the Board”) meeting held today. The Board discussed the Company’s results for the first half 2015 and recommended to the Extraordinary General Meeting of Shareholders (“EGM”) convened on 25 September 2015 the size of the interim dividends for the first half 2015.

The Board recommended to the EGM to approve an interim dividend payment for the first half 2015 in the amount of RR 20,039,619,600, which is 30% of the consolidated net profit under...


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