stock exchange. An ADS is the share issued under the DR agreement, which
is actually traded.
What is the ratio of an DR to an ordinary share?
One (1) LUKOIL DR (CUSIP 677862104) represents One (1) LUKOIL Ordinary
Where are LUKOIL’s DRs traded?
LUKOIL’s DRs in the US
are traded in the OTC Market under the ticker symbol LUKOY. The CUSIP Number is
677862104. To learn more about LUKOIL’s DRs, please visit http://adrbnymellon.com/. In Europe LUKOIL’s DRs are
traded in the IOB system on the London Stock Exchange and on Frankfurt, Munich and Stuttgart stock exchanges.
What is the symbol for LUKOIL DRs on the main stock
LKOD - on the London Stock
LUKOY - on the US OTC
What is the symbol for LUKOIL shares on the local stock
LKOH - on the MICEX (Moscow
Interbank Currency Exchange);
LKOH - on the RTS (Russian Trading System).
Who is LUKOIL’s depositary bank, transfer agent, registrar and exchange
agent for DR shares?
The Bank of New York Mellon is the depositary bank for LUKOIL, also acting
as a transfer agent, registrar and a dividend paying agent. It manages all
aspects of the proxy voting process.
What if I lose my DR certificate, dividend check or tax voucher?
Please contact BNY Mellon Shareowner Services as soon as possible.
Toll Free Telephone for U.S. Callers: 1-888-BNY-ADRS (1-888-269-2377)
Telephone for International Callers: 001-201-680-6825
What if I have more than one DR certificate? Can they be
Yes, please send your certificates to BNY Mellon Shareowner Services,
P. O. Box 358016
15252-8016 with a specific request to combine the
multiple certificates into one certificate. Please be advised that holdings over
250 shares may require additional paperwork.
What if I need to change my home address?
Simply go to BNY Mellon's on-line tool, Investor Service Direct (ISD) and
change your address online:
Alternatively, feel free to contact BNY Mellon Shareowner Services via
the following methods:
Write to us:
BNY Mellon Shareowner Services
Pittsburgh , PA 15252-8016
Toll Free in the U.S: 1-888-BNY-ADRS (1-888-269-2377)
How can shareholders know the current value of their investment in
How can DRs be purchased?
DRs can be purchased through Global BuyDIRECT, a Bank of New York
Mellon-sponsored dividend reinvestment and direct purchase program for DRs. Each
participating company's plan allows its existing shareholders to use dividends
paid by the company to automatically purchase DRs. The plans also allow
first-time and existing investors to purchase DRs of participating companies.
All such investments are made through The Bank of New York Mellon as transfer
agent. As a participant in Global BuyDIRECT, investors benefit from the direct
ownership of their DRs, the efficiency of receiving corporate communications
directly from the DR issuer, and the savings resulting from reduced brokerage
and transaction costs.
Questions or correspondence about Global BuyDIRECT should be addressed
BNYMellon Shareowner Services
Pittsburgh , PA 15252-8016
To request plan brochures and enrollment forms for companies offering
Global BuyDIRECT, please call: 1-800-345-1612
Toll Free Telephone for U.S. Global BuyDIRECT Participants: 1-888-BNY-ADRS (1-888-269-2377)
Telephone for International Callers: 1-201-680-6825
DRs can also be purchased through your Broker. Investors can always
purchase Depositary Receipts through their own full-service, discount, and
on-line brokerage firms in the USA
as well as in
other regions of the world.
How do I convert my ordinary shares into DRs?
Converting ordinary shares into DRs must be done through a broker or an
What is an alternative to a physical certificate?
Book-entry registration is an electronic alternative to a physical
certificate. It allows You to move your shares electronically via the
DRS/Profile to a broker. This eliminates the physical movement of stock
certificates at the time of sale or transfer of ownership. You as a shareowner
will have the ability to self-service your account online via Investor
ServiceDirect® and the Bank of New York Mellon’s speech-enabled Voice Response
Unit. This method is beneficial due to immediate simplification of transaction
processing and you as a shareholder will minimize associated expenses as well as
be provided with more robust management reporting.
What is the difference between a registered holder and a beneficial DR
A registered holder is one whose name appears on the books of the
depositary. The registered holder is considered the owner of the
A beneficial holder is one whose holdings are registered in a name other
than his or her own, such as the name of a broker, bank or nominee.
Who makes the decision on dividend payment to the
The decision on dividend payment
(announcement) is made by the General Shareholders Meeting. The dividend amount,
the dividend payment method and the list compilation date for the persons
entitled to dividends are determined by virtue of the same decision. However,
the decision on the list-compilation date for the persons entitled to dividends
is made only at the suggestion of the Board of Directors.
dividend amount must not exceed the amount suggested by the company’s BoD.
How do they set the list compilation date for
the persons entitled to dividends?
to the decision on dividend payment (announcement), the list-compilation date
for the persons entitled to dividends is set no earlier than 10 days following
the decision of the General Shareholders Meeting on dividend payment
(announcement) and no later than 20 days following this decision.
Who is entitled to
The dividends are paid to the shareholders of the
company or to the persons, who in line with federal laws, exercise the
respective rights to such shares, as of the end of the operating day of the
list- compilation date for the persons entitled to dividends according to the
dividend payment (announcement) decision (see above).
How long is the period of
The period of dividend payment to nominee
shareholders and to trust managers who are professional security-market players
registered in the company’s Shareholders Register, must not exceed 10 business
days. As for the other persons registered in the Shareholders Register, this
period must not exceed 25 business days following the list compilation date for
the persons entitled to dividends.
Is payment in stock dividends provided
According to Cl.5.7. of the Regulations on OAO
LUKOIL Dividend Policy approved by the Board of Directors on April 24, 2014,
dividends shall be paid in monetary form, or in other assets in the cases
provided for by the company’s Charter.
Which holders of promissory
notes are entitled to dividends?
Entitled to dividends are persons who are holders of promissory
notes as at the end of the operating day of the list-compilation date for those
entitled to dividends according to the dividend-payment decision (announcement)
by the General Shareholders Meeting.
Is a holder of promissory notes entitled to cast a vote at
OAO LUKOIL Annual General Shareholders Meeting?
All holders of promissory notes may cast their votes via the
depositary bank BNY Mellon, entitled to vote on common shares at OAO LUKOIL
Shareholders Meeting, as instructed by the holders of promissory
Starting from December 6, 2013, it became possible to participate in
Shareholders Meetings with regard to the shares in the form of promissory notes
only on condition that the holders of such promissory notes have issued an
instruction to vote in a certain way.
What items appear on the agenda of the Annual
General Shareholders Meeting?
It is the company’s responsibility to hold Annual
General Shareholders Meetings. The participants of Annual General Shareholders
Meetings address such issues as election of the company’s Board of Directors,
the company’s Audit Commission (Auditor), approval of the company’s Auditor, as
well as other issues provided for by the federal law “On Joint-Stock Companies”
within the scope of competence of the General Shareholders Meeting.
When will the next Annual General
Shareholders Meeting be held?
According to the federal law “On Joint-Stock Companies”, the Annual
General Shareholders Meeting is held annually within the time-frame
stipulated by the company’s Charter, but no earlier than
two months before and no later than six months after the end of the fiscal year.
The date of the next Annual General Shareholders Meeting is made available from
the convening notice published in due time on the company’s official
websites and in the Internet: www.lukoil.ru,