27 Jul 2021 16:37
PCA notification
27 July 2021
PJSC LSR Group
("LSR" or the "Company")
Notification of Transactions of a Person Closely Associated (PCA)
The Company was notified today that, AO STROIKORPORACIYA, a PCA (Person Closely Associated with a PDMR) purchased a total of 34,545,568 global depositary receipts ("GDRs"), representing ordinary shares of the Company with a nominal value of RUB 0.25 each (with five GDRs representing an interest in one ordinary share) at a price of $2.11 per GDR, details of which are below.
The information contained in this notification is disclosed in accordance with the requirements of the Market Abuse Regulation.
1 | Details of the person discharging managerial responsibilities / person closely associated | ||
a) | Name | AO STROIKORPORACIYA | |
2 | Reason for the notification | ||
a) | Position/status | AO STROIKORPORACIYA is a wholly owned subsidiary of PJSC LSR Group and is PCA to Mr Andrey Molchanov, who is the controlling shareholder of PJSC LSR Group, and its Chief Executive Officer and member of its Board of Directors. | |
b) | Initial notification /Amendment | Initial notification | |
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | ||
a) | Name | PJSC LSR Group | |
b) | LEI | 25340067LEEMJ79K8X43 | |
4 | Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted | ||
a) | Description of the financial instrument, type of instrument
Identification code | GDRs
Reg S: US50218G2066
| |
b) | Nature of the transaction | Purchase of GDRs | |
c) | Price(s) and volume(s) | Price Volume $2.11 31,898,609 $2.11 2,646,959
| |
d) | Aggregated information
Aggregated volume Price |
Aggregate information Total consideration Total volume ($2.11 per GDR) $72,891,148.48 34,545,568 | |
e) | Date of the transaction | 23/07/2021 | |
f) | Place of the transaction | Outside a trading venue | |
For more information please contact:
Department of Investor Relations and Sustainable Development
E-mail: IR@lsrgroup.ru
About LSR Group:
PJSC LSR Group is a real estate development and building materials company founded in 1993 and operating in a number of complementary market segments. Its core business areas are production of building materials and real estate development and construction. LSR Group's main operations are located in St. Petersburg and Leningrad Region, Moscow and Moscow region and Yekaterinburg. As of 31 December 2020 (according to Knight Frank), the net sellable area of projects in LSR Group’s real estate portfolio amounts to 8.2 million m2 with the market value of RUB 276 billion.
In accordance with its audited IFRS consolidated financial statements for 2020, LSR Group reported revenue of RUB 118.1 billion, Adjusted EBITDA of RUB 27.4 billion and Net Profit of RUB 12.0 billion.
Ordinary shares of the Company are traded on the Moscow Exchange (MOEX: LSRG) and GDRs representing its ordinary shares are traded on the London Stock Exchange (LSE: LSRG).
www.lsrgroup.ru
EN
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