General Announcement::Management Committee endorses revised Dividend Policy

Issuer & Securities

Issuer/ Manager
JSC GAZPROM
Securities
PJSC GAZPROM GDR - US3682872078 - AAI
Stapled Security
No

Announcement Details

Announcement Title
General Announcement
Date &Time of Broadcast
13-Dec-2019 16:14:08
Status
New
Announcement Sub Title
Management Committee endorses revised Dividend Policy
Announcement Reference
SG191213OTHR78R4
Submitted By (Co./ Ind. Name)
Horizon/ Yaroslav Gryaznov
Designation
Executive Director
Description (Please provide a detailed description of the event in the box below)
It is proposed that dividends be calculated based on adjusted net profit under IFRS.
Target level of payouts at least 50 per cent is to be reached in three years.
New version of Dividend Policy will be submitted for approval by Gazprom Board of Directors.

Attachments

2019.12.12. Management Committee endorses revised Dividend Policy.pdf
Total size =114K