11 Apr 2017 07:00
11 April 2017
VOLGA GAS PLC
Notice of Annual General Meeting,
Dividend Payment and Currency Election
Annual General Meeting
Volga Gas plc (the "Company"), the oil and gas exploration and production group operating in the Volga Region of Russia, is pleased to announce that its Annual General Meeting is to be held on 19 May 2017. The formal Notice of AGM with the full list of resolutions and the Proxy Voting forms will be dispatched to shareholders today. In addition the Notice and Proxy form may be downloaded from the following page on the company's website: http://volgagas.com/investors/shareholder-documents
2016 Annual Report and Accounts
The Company's printed 2016 Annual Report and Accounts will be dispatched to shareholders as soon as practicable - expected to be by 3 May 2017. Meanwhile, the full text-version of the Accounts is available to be downloaded from the Company's website: www.volgagas.com/investors
Dividend payment and record dates
The Company announced on 4 April 2017 that its Board has recommended Dividends of US$0.062 per Ordinary Share. The Dividend will be paid on 26 May 2017, subject to approval at the Company's Annual General Meeting on 19 May 2017, to shareholders on the register on 5 May 2017. Shareholders will receive the dividends in US dollars unless they elect to be paid in Sterling.
Dividend currency election
Shareholders who have previously elected to be paid in Sterling need take no further action if they continue to wish to receive their dividends in Sterling.
Non-CREST Shareholders wishing to elect to receive dividends in Sterling may download the currency election form from this link:
http://www.volgagas.com/media/45216/volga-gas-dividend-currency-election-form.pdf
CREST shareholders should submit their election electronically via the CREST system.
The form (or if applicable CREST instruction) must be received by the Company's Registrars, Capita as soon as possible and in any case by no later than close of business on 12 May 2017 (the "election deadline").
Terms and conditions relating to currency election are set out in a document that can be downloaded via this link:
http://volgagas.com/media/37809/volga-gas-currency-election-terms-and-conditions.pdf
Further information can also be found at the following page on the Company's website: http://volgagas.com/investors/shareholder-information
For additional information please contact:
Volga Gas plc | |
Tony Alves, Investor Relations Consultant | +44 (0) 20 8622 4451 |
S.P. Angel Corporate Finance LLP | +44 (0)20 3470 0470 |
Richard Redmayne, Richard Morrison, Richard Hail | |
FTI Consulting | |
Ed Westropp | +44 (0) 20 3727 1000 |
Alex Beagley | +44 (0) 20 3727 1000 |