REG - PJSC Tatneft - Board Recommends 3Q Dividends

Tatneft' Imeni V.D. Shashina PAOAnnouncement

23/11/2021 08:05

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RNS Number : 2547T  PJSC Tatneft  23 November 2021

23 November 2021

 

Tatneft Board of Directors resolved to convene an extraordinary shareholders
meeting and recommended to pay the dividends for the 6 months of 2021

 

On 23 November 2021 the Board of Directors of PJSC Tatneft (the "Company")
resolved to convene an extraordinary shareholders meeting and recommended to
the shareholders to approve the dividends based on the results for the 9
months of 2021 in the amount of of 9 rubles 98 kopecks per each preferred and
ordinary share (998% of nominal (par) value of each share) with the total
(inclusive of already paid 6m 2021 interim dividends of RR16.52 per share) for
the 9 months of 26 rubles 50 kopecks per each preferred and ordinary share,
which represents 50% of net income of PJSC Tatneft under Russian Accounting
Standards (RAS) in the said period.

 

The extraordinary shareholders meeting will be held on 29 December 2021 by
absentee voting (the "EGM"). The list of persons entitled to participate in
the EGM is set as of 5 December 2021.

 

The Board of Directors further proposed to the shareholders to approve at the
EGM 10 January 2022 as the date on which persons entitled to receive the
dividends based on the 9 months of 2021 results shall be determined.

 

This press release contains inside information.

 

Forward-looking statements and waiver of liability: This press release
contains statements about future events and expectations that are
forward-looking in nature. Any statement in this press release that is not a
statement of historical fact is a forward-looking statement that involves
known and unknown risks, uncertainties and other factors which may cause
actual results, performance or achievements expressed or implied by such
forward-looking statements to differ. PJSC Tatneft assumes no obligations to
update the forward-looking statements contained herein to reflect actual
results, changes in assumptions or changes in factors affecting these
statements. The amounts and percentages mentioned or referred to in this press
release could be presented after rounding and, therefore, they might differ
from the actual sums and results contained in the Company's reporting
documents. PJSC Tatneft shall bear no responsibility to correct or reimburse
any sums which might constitute the difference between the amounts mentioned
in this press release and those in respective reporting documents, and all
payments are made by PJSC Tatneft exclusively on the basis of decisions made
by its authorised corporate bodies in the amounts and within the corporate
proceedings set out in such decisions.

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