This website uses cookies. By continuing to browse this site you are agreeing to our use of cookies. Find out more here.

Shareholder Information

Shareholder Information

Basic Share Information

As at 28 July 2017, the Company's total issued share capital consists of 81,017,800 ordinary shares of 1p each, each share having equal voting rights.  The Company does not hold any shares in Treasury therefore the total number of shares with voting rights is the same.

Substantial Shareholders

As at 28 July 2017, the Company had been notified of the following shareholdings amounting to 3% or more of the ordinary share capital of the Company, in accordance with the Disclosure and Transparency Rules.

  Number of shares Percentage
Baring Vostok Nominees Ltd1 39,620,000 48.90
Nicholas Mathys 11,360,000 14.02
Dehus Dolmen Nominees Ltd2 7,906,889  9.76
Baring Vostok Investments PCC Limited3 4,800,460  5.93
Blackrock Investment Management (UK) Limited 3,094,791  3.81
JP Morgan Asset Management (UK) Limited 2,761,720  3.41
  1. Baring Vostok Nominees Ltd is a nominee vehicle which holds the interests of the limited partnerships which comprise Baring Vostok Private Equity Fund III.
  2. Dehus Dolmen Nominees Ltd is a nominee vehicle which holds the interests of the limited partnerships which comprise Baring Vostok Private Equity Fund IV.
  3. Baring Vostok Investments PCC Limited is  a closed-end investment company registered in Guernsey and advised by Baring Vostok Capital Partners Group Limited, which also advises the Baring Vostok Private Equity Funds.

Shares in public hands

In accordance with the AIM Rules (Rule 26), in so far as the Company is aware, the percentage of the Company's issued share capital that is not in public hands is 81.08%. This percentage comprises the holdings of the Baring Vostok Private Equity Funds III and IV, of Baring Vostok Investments PCC Limited, of Mr. Nicholas Mathys and of directors.

Current Directors shareholdings

  Number of shares Percentage
Mikhail Ivanov 1,000,000 1.25
Andrey Zozulya 270,000 0.33
Ronald Freeman 55,000 0.06
Stephen Ogden 205,000 0.25
Vladimir Koshcheev 419,210 0.58
Michael Calvey1 - -
Aleksey Kalinin1 - -
  1. Mr Calvey and Mr Kalinin are Co-Managing Partners of Baring Vostok Capital Partners Group Limited, a related party to Baring Vostok Nominees Limited, Baring Vostok Investments PCC Limited and Dehus Dolmen Nominees Limited.  As such Mr Calvey and Mr Kalinin have an indirect beneficial interest in the Company.

Information for Shareholders

Enquiries concerning your shareholding should be directed to Capita Registrars:

Capita Registrars
The Registry, 34 Beckenham Road
Beckenham
Kent, BR3 4TU 

Telephone UK: 0871 664 0300 (calls cost 10p per minute including VAT plus network extras, lines are open 8.30am - 5.30pm Mon-Fri)

Telephone Overseas: +44 (0)208 639 3399

Email: Shareholder.Services@capitaregistrars.com

Dividends

The Board of Volga Gas plc recommended dividends of US$0.007 per Ordinary share to be paid in respect of the year ended 31 December 2016 and a special dividend of US$0.055 per Ordinary share.  The payments were approved at the Company's Annual General Meeting on 19 May 2017 and paid on 26 May 2017.

General Meetings

The 2017 Annual General Meeting was held at the office of Baring Vostok at 25 Old Burlington Street, London W1S 3AN on 19 May 2017 at 10.00 am.  Copies of the Notices of Annual General Meetings and the voting records of past meetings can be downloaded from here.

Share Dealing

A quick and easy share dealing service to either sell or buy more shares is provided by Capita Share Dealing Services. An on-line and telephone facility is available providing our shareholders with an easy to access and simple to use service.

There is no need to pre-register and there are no complicated forms to fill in. The online and telephone dealing service allows you to trade "real time" at a known price which will be given to you at the time you give your instruction.

To deal online or by telephone all you need is your surname, Investor Code reference number, full postcode and your date of birth. Your Investor Code can be found on a recent share certificate, statement or tax voucher produced by Capita Registrars*. Please have the appropriate documents to hand when you log on or call, as this information will be needed before you can buy or sell shares.

The Service is not available for transactions exceeding £25,000 inclusive of fees and commissions.

For further information on this service, or to buy and sell shares, please contact:

Online dealing: www.capitadeal.com
Telephone dealing: 0871 664 0446 (calls cost 10p per minute including VAT plus network extras)

Full terms, conditions and risks apply and are available on request or by visiting www.capitadeal.com.

* Should you not be able to locate your IVC number, please contact Capita Registrars. Contact details are noted above.

This is not a recommendation to buy, sell or hold shares in Volga Gas plc. Please note that share values may go down as well as up, which may result in you receiving less than what you originally invested. If you are unsure of what action to take, please contact a suitably qualified professional advisor. In so far as this statement constitutes a financial promotion for the share dealing service, it has been approved by Capita IRG Trustees Ltd for the purpose of Section 21 (2)(b) of the Financial Services and Markets Act 2000 only. Where this has been received in a country where the provision of such a service would be contrary to local laws or regulations, this should be treated as information only.

Capita Share Dealing Services is a trading name of Capita IRG Trustees Limited, which is authorised and regulated by the Financial Services Authority. More information is available at www.capitadeal.com.