Participation in depository receipts programme

American and Global Depository Receipt programmes continued throughout 2016 for the Company’s shares trading on the OTC market of the U.S., UK, Germany and other countries. One ADR is equal to 5 common shares of Gazprom Neft. The depository bank for the Company’s depository receipt programme is The Bank of New York Mellon.

As of the end of 2016, the total number of ADR issued for common shares was equal to 120 million shares (2.5% of the Company’s charter capital).

Trading volume with the ADR of Gazprom Neft totalled USD 135 million in 2016, including USD 129 million on the IOB London Stock Exchange, USD 1 million on the OTCQx and USD 5 million on other platforms in Europe (primarily in Germany).

USD 129 mn trading volume on the London Stock Exchange IOB in 2016
USD 1 mn trading volume on OTCQx in 2016
USD 5 mn trading volume on other exchanges in Europe (mainly Germany) in 2016
Dynamics of ADR trading of Gazprom Neft PJSC, Russia FTSE IOB index and Urals oil prices in 2016  (%) Source: LSE