7.13.Information on Transactions, Membership in Organisations and Legal Proceedings

Information on Major Transactions Made by Transneft

In 2019, Transneft did not make transactions that are considered major in accordance with Article 78 of Federal Law No. 208-FZ On Joint-Stock Companies dated 26 December 1995.

Information on Interested-Party Transactions of Transneft

The list of transactions made by Transneft in the reporting year, that are considered interested-party transactions in accordance with the Federal Law On Joint-Stock Companies, is presented in Appendix 5.

Information on Transneft’s Membership in Business Entities and Non-Profit Organisations

Transneft is a holding. For information on Transneft’s membership in business entities and non-profit organisations as of 31 December 2019, see Appendix 1.

Dividends received by Transneft in 2019
Company Name Amount
PC-BA, LLC RUB 6 mln
By resolution of the General Meeting of Shareholders dated 26 April 2019 (Minutes No. 2 dated 26 April 2019)
SPIMEX, JSC RUB 40 mln
By resolution of the General Meeting of Shareholders dated 14 June 2019 (Minutes No. 28 dated 7 June 2018)
Transneft Finance, LLC RUB 137 mln
By resolution of the Sole Member (Transneft) dated 1 August 2019 (Resolution No. 125)
Transnefteproduct, JSC RUB 149 mln
By resolution of the Sole Member (Transneft) dated 11 June 2019 (Resolution No. 9)
NCSP, PJSC RUB 5 bn
By resolution of the General Meeting of Shareholders dated 19 June 2019 (Minutes No. 58 dated 19 June 2019)
CPC Investments Company USD 234 mln
By resolutions of the Corporate Director dated 27 June 2019, 8 July 2019, 23 October 2019, 25 December 2019

Information on Concluded Agreements on Purchase and Sale of Stakes, Shares, Equity Interests in Business Partnerships and Entities, Including Data on the Parties, Business to be Transacted, Price, as well as other Terms and Conditions of these Agreements

For more information on agreements concluded by Transneft in 2019 on purchase and sale of shares (stakes) in business entities, see Appendix 6.

Information on Transneft’s Investments with an Expected Annual Income in Excess of 10%

During the reporting year, Transneft made no investments with an expected income of more than 10% per annum.

Information on Pending Legal Proceedings where Transneft Acts as the Defendant in Debt Recovery Claims

As of 31 December 2019, there were no pending legal proceedings where Transneft acted as the defendant in debt recovery claims and which may have substantial impact on its financial and operating performance.

Information on Pending Legal Proceedings where Transneft Acts as the Plaintiff in Debt Recovery Claims

As of 31 December 2019, there were no pending legal proceedings where Transneft acted as the plaintiff in debt recovery claims and which may have substantial impact on its financial and operating performance.