G. Timchenko has transferred 1.13% of Novatek’s shares to the Volga Group
Edited by Rhod Mackenzie / 2016-02-02 10:56:40
On February 1st 2016 G. Timchenko reduced his stake in Novatek to 13.2% from 14.33%.
Simultaneously the company was notified by Volga Group of the increase of its stake in Novatek from 9.13% to 10.26%.
The profit of Novatek referred to its shareholders in H1 2015 grew by 32.7% to 73 bln roubles against H1 2014. In Q2 the profit rose by 31.2% to 41.9 bln roubles in annual terms.
The net profit of Novatek over 9 months 2015 rose by 24% to 56.778 bln roubles from 45.821 bln roubles in 2014. The revenue of Novatek over 9 months grew by 27% to 294.807 bln roubles from 231.481 bln roubles.
