RNS Number : 6708R
PAO Novatek
08 November 2021
 

 

 

FOR IMMEDIATE RELEASE

 

 

Update on NOVATEK Buyback Program

 

Moscow, 8 November 2021. PAO NOVATEK ("NOVATEK" and/or the "Company") announces today that pursuant to the Company's buyback program announced on 7 June 2012, during the period from 1 through 5 November 2021, 167 225 ordinary shares (including in a form of Global Depositary Receipts) were purchased on the open market.

 

 

 

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For further information, please visit www.novatek.ru or contact:

Press Service
+7 (495) 721 2207
press@novatek.ru

Investor Relations
+7 (495) 730 60
13
IR@novatek.ru

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PAO NOVATEK is the largest independent natural gas producer in Russia, and in 2017, entered the global LNG market by successfully launching the Yamal LNG project. Founded in 1994, the Company is engaged in the exploration, production, processing and marketing of natural gas and liquid hydrocarbons. Upstream activities of the Company's subsidiaries and joint ventures are concentrated mainly in the prolific Yamal-Nenets Autonomous Region, which is the world's largest natural gas producing area and accounts for approximately 80% of Russia's natural gas production and approximately 15% of the world's gas production. NOVATEK is a public joint stock company established under the laws of the Russian Federation. The Company's shares are listed in Russia on Moscow Exchange (MOEX) and the London Stock Exchange (LSE) under the ticker symbol «NVTK».

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