Board Recommends Dividends for 9m2022Source: RNS
Board convenes EGM and recommends dividends for 9m2022
16 November 2022
The Board of Directors of Tatneft convenes EGM and recommends dividends for the 9 months of 2022
On 15 November 2022 the Board of Directors of PJSC Tatneft (the "Company") at its meeting held by absentee voting resolved to convene the extraordinary general shareholders meeting to be held by absentee voting (the "EGM") on 22 December 2022 with the agenda to approve the payment of dividends for the 9 months of 2022.
The Board of Directors further resolved to establish 27 November 2022 as the record date for participation in the EGM. The Board of Directors recommended to the EGM to approve the dividends for the 9 months of 2022 per each preferred and ordinary share: 3957% of the nominal (par) value, i.e. 39 Rubles 57 Kopecks per share (including the declared dividend for the 6 months of 2022 of 3271% of the nominal (par) value, i.e. 32 Rubles 71 Kopecks per share); the recommended dividend payment for the 9 months of 2022 in addition to already declared and paid dividend for the 6 months of 2022 is 6 Rubles 86 Kopecks (686% of the nominal (par) value) per each preferred and ordinary share.
If there is no quorum at the EGM held on 22 December 2022, the EGM shall be reconvened on 27 December 2022 by absentee voting with the same agenda.
The Board of Directors further recommended to the EGM to establish 10 January 2023 as the date for determining the persons entitled to receive the dividends based on the results for the 9 months of 2022.
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.