Notification by persons discharging managerial responsibilities

Mark Gyetvay, Deputy Chairman of the Management Board
Alexander Nazarov, Head of IR
+7 (495) 730-6013
ir@novatek.ru

 

Mikhail Lozovoy, Press-secretary
+7 (495) 721-2207
press@novatek.ru

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10 January 2017

Moscow, 10 January 2017.
 
1
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
VRN S.A.R.L.
2
Reason for the notification
a)
Position/status
Entity 100% owned by PDMR: Director Gennady Timchenko
b)
Initial notification/Amendment
Initial notification
3
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name
PAO NOVATEK
b)
LEI
-
4
Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
4.1
 
a)
Description of the financial instrument, type of instrument
 
Identification code
Ordinary shares
 
 
RU000A0DKVS5
 
b)
Nature of transaction
Off-market purchase by director of PAO NOVATEK Gennady Timchenko from VRN S.A.R.L.
c)
Price and volume
Price
RUB 783.70
Volume
770,000
d)
Aggregated information
 
Price
 
Volume
 
Total
 
 
783.70
 
770,000
 
RUB 603,449,000.00
 
e)
Date of transaction
2016-12-23
f)
Place of transaction
Outside a trading venue

PAO NOVATEK is one of the largest independent natural gas producers 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 80% of Russia’s natural gas production and approximately 16% of the world’s gas production. NOVATEK is a public joint stock company established under the laws of the Russian Federation. The Company’s shares are listed in Russia on Moscow Exchange (MOEX) and the London Stock Exchange (LSE) under the ticker symbol «NVTK».

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