Board of Directors 1H 2023 div and EGM decisions

PJSC Tatneft

15 August 2023

 

15 August 2023

Tatneft Board of Directors recommends dividends for 1H 2023 and convenes EGM

On 14 August 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 21 September 2023, and in case of lack of quorum a repeat EGM on 28 September 2023, with the agenda of payment of dividends for the 6 months of 2023. The Board further resolved to establish 27 August 2023 as the record date for participation in the EGM.

The Board recommended to the EGM to approve the dividends for the 6 months of 2023 as follows: 

preferred shares: 2754% of the nominal (par) value, i.e. 27 Rubles 54 Kopecks, per share; 

ordinary shares: 2754% of the nominal (par) value, i.e. 27 Rubles 54 Kopecks, per share. 

The Board recommended to the EGM to establish 11 October 2023 as the date for determining the persons entitled to receive the dividends based on the results of 6 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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