Share capital and profit distribution

Yevgeny Primakov
The multifunctional icebreaking vessel Yevgeny Primakov (ice class: Icebreaker ICE-15) operating on the Sakhalin 2 project
«October 2020 marked an important milestone in SCF history as the Company accessed public equity capital markets and raised over US$ 500 million in a landmark IPO with its shares now listed on the Moscow Exchange. The recapi-talization resulted in a strengthening of the balance sheet and the financial position of the Group, with net debt to EBITDA ratio falling to 2.6 times. The Company has sufficient investment capacity to undertake large scale projects and to pursue further growth in its core strategic segments of liquefied gas transportation and the servicing of offshore projects.»
Nikolay Kolesnikov, Executive Vice-President and CFO of PAO Sovcomflot