18 May 2010 13:31
NOTIFICATION BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES
OAO NOVATEK ("NOVATEK" and/or the "Company") has received notice from a member of the Company's Management Board regarding a change in their direct equity stake of ordinary shares of NOVATEK.
| Name | % of ordinary sharesprior to notification | % of ordinary sharesafter notification | Date of notificationof change in equitystake | |||
| Sergei, Protosenya | 0.0864% | 0.0815% | 18.05.2010 | |||
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For further information, please visit www.novatek.ru or contact:
| Press Service | Investor Relations | ||
| +7 (495) 721 2207 | +7 (495) 730 6013 | ||
| press@novatek.ru | ir@novatek.ru | ||
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OAO NOVATEK is Russia's largest independent gas producer and the second-largest natural gas producer in Russia. Founded in 1994, the Company is engaged in the exploration, production, processing and marketing of natural gas and liquid hydrocarbons. The Company's upstream activities are concentrated in the prolific Yamal-Nenets Region, which is the world's largest natural gas producing area and accounts for over 90% of Russia's natural gas production and 20% of the world's gas production. NOVATEK is an open joint stock company established under the laws of the Russian Federation. The Company's shares are listed on the Russian Trading System (RTS) and the London Stock Exchange (LSE) under the ticker symbol 'NVTK' and on the NASDAQ PORTAL System as Rule 144A GDR under the ticker symbol "NVATY".
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