Rosneft Shareholders with Equity Stakes Exceeding 1%, as of December 1, 2013
||Number of Shares
||Equity Stake, %
|OJSC ROSNEFTEGAZ1 (shareholder)
|National Settlement Depository (nominal shareholder central depository)2
|Other legal entities with stakes less than 1%
|Russian Federation (through the Federal Agency for State Property Management)
||less than 0.01
1 – OJSC ROSNEFTEGAZ is in 100% federal ownership. The Russian Government’s direct share (through the Federal Agency for State Property Management) in Rosneft’s equity is 0.000000009%.
2 – Total amount of shares in nominal holding includes 1,960,449,797 shares owned by BP Russian Investments Limited that constitute 18.50% of Rosneft's registered capital.
In addition to the aforementioned shares, BP International Limited, the sole shareholder of BP Russian Investments Limited, is a legal owner of 132,450,300 global depository receipts, certifying the rights with respect to shares constituting 1.25% of Rosneft's registered capital. One global depository receipt certifies the rights with respect to one ordinary registered share of Rosneft.
BP plc is a beneficiary and legal owner of all issued equity of BP International Limited. Therefore BP plc exercises indirect control over BP Russian Investments Limited.
In July 2006, Rosneft carried out listing of Global Depositary Receipts (GDRs) on the London Stock Exchange. Issue of GDRs, which certify rights in respect of ordinary shares of Rosneft, in accordance with foreign law, was carried out by J.P. Morgan Europe Limited. One Global Depositary Receipt is equivalent to one common share of Rosneft. As of December 1, 2013, GDRs were issued for 944 mln ordinary shares, which is 8.9% of total shares.
Rosneft management has no information about any shareholders with equity stakes exceeding 1% (all shareholders of Rosneft with equity stakes exceeding 1% of total issue), other than those listed above.
Information about the rights (including voting rights) granted by Rosneft ordinary shares are specified in Article 5.8 of the Company’s Charter approved by the General Shareholders Meeting of Rosneft on June 19, 2009 (minutes unnumbered, with amendments No. 1, 2, 3, 4, 5).