leadf
logo-loader
RNS
viewRosneft

Rosneft Oil Company - Transaction in Own Shares

RNS Number : 8740Y
Rosneft Oil Company
14 September 2020
 

Transactions in own shares

Rosneft Oil Company (the «Company») announces that for the period starting from 07.09.2020 till 11.09.2020 the following number of its ordinary shares/GDRs has been purchased through UBS on the Moscow Exchange/London Stock Exchange

Moscow Exchange

Date of purchase

Aggregate number of ordinary shares purchased

Lowest price per share, RUB

Highest price per share, RUB

VWAP paid per share, RUB

07/09/2020

27,590

367.9500

372.8000

368.5995

08/09/2020

1,014,770

364.6000

372.2000

368.1913

09/09/2020

632,740

367.8500

371.1500

369.9705

10/09/2020

914,120

366.2000

370.4000

367.9308

11/09/2020

571,110

366.4000

370.7000

369.0930

TOTAL

3,160,330




London Stock Exchange

Date of purchase

Aggregate number of GDRs purchased

Lowest price per GDR, USD

Highest price per GDR, USD

VWAP paid per GDR, USD

07/09/2020

325,399

4.8020

4.8990

4.8498

08/09/2020

315,922

4.7490

4.8780

4.8098

09/09/2020

331,620

4.7790

4.8790

4.8496

10/09/2020

337,047

4.8110

4.9020

4.8644

11/09/2020

276,779

4.8390

4.9070

4.8983

TOTAL

1,586,767




These transactions form a part of the open market share buyback program (the «Program») approved by the Board of Directors and announced on August 6, 2018.

In respect of this Program, UBS will make trading decisions and execute transactions independently according to pre-agreed parameters until December 31, 2020.

Shares and GDRs repurchased will be held in treasury of the Rosneft Group upon completion of the Program. Following the above transactions, the number of ordinary shares and GDRs repurchased as part of the Program is 26,759,600 shares and 25,484,870 GDRs.

Information on the amount of shares purchased by UBS on behalf of the Company as part of the Program is provided below.

https://www.rosneft.com/Investors/Equity/Share_buyback 

Rosneft Information Division

Tel.: + 7 (499) 517-88-97

September 14, 2020

These materials contain statements about future events and expectations that are forward-looking in nature. Any statement in these materials 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. We assume no obligations to update the forward-looking statements contained herein to reflect actual results, changes in assumptions or changes in factors affecting these statements.

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
END
 
 
POSFIFSRAAISLII

Quick facts: Rosneft

Price: -

Market: AIM
Market Cap: -
Follow

Create your account: sign up and get ahead on news and events

NO INVESTMENT ADVICE

The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is...

FOR OUR FULL DISCLAIMER CLICK HERE

4 min read