PJSOC Bashneft received today a notice from JSC Reestr, a registrar, about the changes of its shareholders.

According to the notice, the Republic of Bashkortostan, represented by the Ministry of Land and Property Relations, became the owner of 38,128,551 ordinary shares and 6,280,076 preferred shares of PJSOC Bashneft (25% of the authorized capital), while the share of the Federal Agency for State Property Management in the authorized capital of the Company decreased proportionally to 88,951,379 ordinary shares (50.08% of the authorized capital).

These blocks of shares were transferred to the Republic of Bashkortostan by the Federal Agency for State Property Management in accordance with Decree of the President of the Russian Federation Vladimir v. Putin No. 317 of June 21, 2015 «On the Public Joint Stock Oil Company Bashneft».