The Board of Directors of PJSC NOVATEK recommended that shareholders pay dividends for 2024 at the rate of 82.15 rubles per ordinary share, including interim dividends paid based on the results of the first half of 2024 in the amount of 35.5 rubles. per share. This is stated in the company's message.
The Board of Directors decided to hold an annual absentee voting of the shareholders' meeting with the deadline for accepting voting ballots on April 17, 2025. The list of persons entitled to vote at the decision-making meeting of shareholders will be compiled on March 24, 2025.
The shareholders had previously decided to pay dividends based on the results of 2023. Total dividend payments are 78.59 rubles per ordinary share, including interim dividends paid based on the results of the first half of 2023 in the amount of 34.5 rubles per ordinary share.
NOVATEK's board of directors also recommended that shareholders pay dividends for the first half of 2023 in the amount of 104.75 billion rubles at the rate of 34.5 rubles. per share. The shareholders approved the payments.
PJSC NOVATEK is an independent producer of natural gas in Russia. Established in 1994, the company is engaged in the exploration, production, processing and sale of gas and liquid hydrocarbons. NOVATEK's fields and licensed areas are located primarily in the Yamalo-Nenets Autonomous Okrug.
The normalized profit attributable to the shareholders of PJSC NOVATEK, excluding the effect of exchange differences, amounted to 553.4 billion rubles in 2024, which is 4.6% higher than in 2023. Revenue from sales and normalized EBITDA, taking into account the share of joint ventures in EBITDA, amounted to 1.546 trillion rubles and 1.008 trillion rubles, respectively, an increase of 12.7% and 13.2%.
