The General Meeting of Shareholders of PJSC SIBUR Holding has resolved to pay dividends in the form of shares in JSC NIPIGAS held by PJSC SIBUR Holding. The authorised capital of JSC NIPIGAS has remained unchanged. Following the dividend accrual, none of the beneficial owners of JSC NIPIGAS will hold, directly or indirectly, a stake of over 25 percent in the company's authorised capital.
JSC NIPIGAS ceases to be a subsidiary or an affiliate company within the SIBUR Group, and its financial results will no longer be presented in the financial statements of PJSC SIBUR Holding. Going forward, JSC NIPIGAS will be preparing its consolidated IFRS statements on its own.