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26 Jun 2013 16:01
LSR Group executes put option for its Series-02 and Series BO-02 bonds
OJSC LSR Group (LSE: LSRG; MICEX-RTS: LSRG) completed buy-back of its Series-02 and Series BO-02 interest-bearing non-convertible bonds with mandatory safekeeping.Identification number of Series BO-02: 4В02-02-55234-Е as of 24 November 2009.
The bonds were bought back in accordance with the Public Offer as of 11 June 2013.The total amount of bonds submitted was 1,000,000. The total amount of transaction was RUB 1,033,540,000 including the accrued interest.Identification number of Series-02: 4-02-55234-Е as of 29 May 2008.
The bonds were bought back in accordance with the Public Offer as of 11 June 2013.The total amount of bonds submitted was 308,457. The total amount of transaction was RUB 320,949,508.50 including the accrued interest.
Broker: OOO URALSIB Capital
Notes to Editors:OJSC 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, real estate development and panel construction. LSR Group's main operations are located in St. Petersburg, Moscow and Yekaterinburg. As of 31 December 2012 (according to Cushman & Wakefield Russia), the net sellable area of the projects in LSR Group's real estate portfolio is equal to 8.7m m2 with the market value of RUB 120bn. In 2012, the sales revenue of LSR Group amounted to RUB 61,122m (IFRS). LSR Group is a public company, with its GDRs traded on the London Stock Exchange and its ordinary shares traded on MICEX-RTS.
For more information please contact:LSR Group Press ServiceTel.: +7 812 314 10 44Fax: +7 812 458 83 72E-mail: press@lsrgroup.ru www.lsrgroup.ru
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