REG - PJSC Tatneft - Tatneft EGM to approve 9m 2023 dividend

Tatneft' PAOAnnouncement

21/11/2023 15:30

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RNS Number : 1811U  PJSC Tatneft  21 November 2023

21 November 2023

 

Tatneft Board of Directors recommends dividends for 9m 2023 and convenes EGM

 

On 20 November 2023 the Board of Directors of PJSC Tatneft (the "Board") at
its meeting held by absentee voting resolved to convene an extraordinary
general shareholders meeting to be held by absentee voting (the "EGM") on 22
December 2023, and in case of lack of quorum a repeat EGM on 28 December 2023,
with the agenda of payment of dividends for the 9 months of 2023. The Board
further resolved to establish 28 November 2023 as the record date for
participation in the EGM.

The Board recommended to the EGM to:

approve the total dividend for the 9 months of 2023 as follows:

-       preferred shares: 6271% of the nominal (par) value, i.e. 62
Rubles 71 Kopecks, per share, including the dividend in the amount of 2754% of
the nominal (par) value, or 27 Rubles 54 Kopecks, per share already declared
based on the results for the 6 months of 2023;

-       ordinary shares: 6271% of the nominal (par) value, i.e. 62
Rubles 71 Kopecks, per share, including the dividend in the amount of 2754% of
the nominal (par) value, or 27 Rubles 54 Kopecks, per share already declared
based on the results for the 6 months of 2023, and

pay the dividends in cash within the timeframe set out in the legislation of
the Russian Federation in the amount of 3517%, or 35 Rubles 17 Kopecks, per
each preferred and ordinary share.

The Board recommended to the EGM to establish 9 January 2024 as the date for
determining the persons entitled to receive the dividends based on the results
for the 9 months of 2023.

 

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 Tatneft'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 and in accordance with applicable laws.

 

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