Information for insiders

This section contains the regulatory acts adopted by Gazprom in compliance with the Federal Law No. 224-FZ dated July 27, 2010, on Countering the Illegal Use of Insider Information and Market Manipulation and on Amending Certain Legislative Acts of the Russian Federation (hereinafter referred to as the “Law”) and other information required for the Company’s insiders to perform their duties under the Law.

“Insider information” means any accurate and specific information that has not been disseminated or disclosed (including data constituting a trade, business, banking or communication secret or other legally protected secret) and that, if disseminated or disclosed, could have a significant impact on the Company’s stock price.

Pursuant to the requirements of the Law:

  • the Gazprom Board of Directors approved the Regulation on control of compliance with the laws on countering the unlawful use of insider information and market manipulation at Gazprom by Resolution No. 2118 dated January 25, 2013;
  • the Company developed and approved the List of insider information (PDF, 73.8 KB) in accordance with the Order dated December 30, 2011 (as amended by the Company’s Order No. 716 dated November 16, 2016, and Order No. 200 dated April 23, 2018).

All individuals and entities included in or removed from the Company’s Insiders List are notified thereof in writing.

All individuals and entities included in the Company’s Insiders List are subject to restrictions under Article 6 (PDF, 187.8 KB) of the Law and responsibilities set out in Article 10 (PDF, 189.1 KB) of the Law.

The procedure and timelines for sending the notifications mentioned in Article 10 of the Law are determined by the Federal Financial Markets Service’s Order No. 13-51/pz-n dated June 18, 2013, on the approval of the Regulation governing the notification of individuals or entities of their inclusion in the insiders list and removal from such list, Regulation on the submission of insiders lists to the trade organizers that manage transactions in financial instruments, foreign currencies and/or commodities, Regulation on the procedure for and timelines of sending notifications by insiders on the transactions conducted (hereinafter referred to as the “Regulation on Notification”).

Pursuant to the Regulation on Notification, the Company’s insiders shall notify the Company of the transactions they have performed in the Company’s securities within ten (10) business days from the date of such transactions. A notification (PDF, 264.2 KB) shall only be sent if the insider is:

  1. a Member of the Board of Directors, an individual/entity acting as the sole executive body (including a temporary sole executive body) and/or a Member of the Company’s Audit Commission;
  2. an individual who has access to the Company’s insider information under employment and/or civil agreements with the Company.

Notifications on transactions performed by insiders that do not fall into the categories listed above shall be sent to the Company at its request.

Notifications on transactions performed by insiders shall be sent to the Bank of Russia at its request (demand/order). Upon receiving a request from the Bank of Russia, the insider shall send a notification on the transactions performed to the corresponding recipient within ten (10) business days from the date of receiving the request (demand/order).

The insider has the right to provide information about several transactions in one notification. The terms of each transaction shall be described separately.

Notification methods and addresses:

  • delivery to Gazprom’s correspondence division with a note confirming the receipt (address: 16 Nametkina St., 117997, Moscow; PO BOX 1255, 190000, St. Petersburg); notifications may be addressed to Gazprom’s Department Head (Elena Mikhailova);
  • delivery to the dispatch office of the Bank of Russia (3 Sandunovsky Ln., Moscow); notifications shall be addressed to the head of the Bank of Russia;
  • delivery by registered mail to postal addresses with the acknowledgement of receipt: to the Company at the address of the Company listed above; to the Bank of Russia at 12 Neglinnaya St., 107016, Moscow.

Notifications on transactions performed by insiders shall be submitted to the Company in one of the following ways:

If the notification on transactions performed by the insider is issued as a hard-copy document, it shall be signed by the insider or by the insider’s authorized representative; if the insider is a legal entity, the notification shall bear the seal of such legal entity.

If the hard copy includes more than one sheet, it shall be bound and paginated. If the insider sending the notification is a legal entity, the hard copy shall bear the seal of such legal entity at the binding and the signature of the authorized representative of such legal entity. If the insider sending the notification is an individual, each page of the hard copy shall be signed by such individual.

If the notification is sent on behalf of the insider by an authorized representative, the notification shall be supplemented with a power of attorney (or a duly certified copy thereof) or another document (or a duly certified copy thereof) granting the authority to such representative.

The insider’s liability for the use of insider information and/or market manipulation is determined in Article 7 (PDF, 99.7 KB) of the Law.

Moreover, the applicable laws of the Russian Federation provide for:

Administrative sanctions for the illegal use of insider information and/or market manipulation, as per Art.

  • 15.21 (PDF, 187.6 KB),
  • 15.30 (PDF, 183.7 KB),
  • 15.35 (PDF, 96.3 KB) of the Code of Administrative Offences of the Russian Federation.

Criminal sanctions for market manipulation, as per Art. 185.3 (PDF, 191.4 KB) of the Criminal Code of the Russian Federation, and for the illegal use of insider information, as per Art. 185.6 (PDF, 187.1 KB) of the Criminal Code.

If you are an insider of the Company and have revealed violations concerning the use of insider information or have any questions concerning the performance of obligations under the Law, please call +7 812 609-76-50.

The contact person is Elena Romanova.

Regulatory acts

Federal Law No. 224-FZ dated July 27, 2010, on Countering the Illegal Use of Insider Information and Market Manipulation and on Amending Certain Legislative Acts of the Russian Federation.

Federal Financial Markets Service’s Order No. 13-51/pz-n dated June 18, 2013, on the approval of the Regulation governing the notification of individuals or entities of their inclusion in the insiders list and removal from such list, Regulation on the submission of insiders lists to the trade organizers that manage transactions in financial instruments, foreign currencies and/or commodities, Regulation on the procedure for and timelines of sending notifications by insiders on the transactions conducted.