3 Apr 2019 17:28
PJSC LSR Group (LSRG) PJSC LSR Group: Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them 03-Apr-2019 / 18:28 CET/CEST Dissemination of a Regulatory Announcement that contains inside information according to REGULATION (EU) No 596/2014 (MAR), transmitted by EQS Group. The issuer is solely responsible for the content of this announcement. Press-release St. Petersburg 3 April 2019
Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them
PJSC LSR Group (the "Company" or "LSR Group"), one of Russia's leading residential real estate developers and building materials producers, announces the following transactions by persons discharging managerial responsibilities and persons closely associated with them.
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Company description: LSR Group is one of Russia's leading residential real estate developers and building materials producers. Founded in 1993, the business of LSR Group is concentrated in the three largest regions of Russia - Moscow, St. Petersburg and Yekaterinburg. The main business areas of the Company are real estate development and construction and production of building materials. LSR Group carries out projects in all segments of residential real estate market: mass market, business and elite.
In accordance with its audited IFRS consolidated financial statements for 2018, LSR Group had revenue of RUB146.3 billion, Adjusted EBITDA of RUB36.4 billion and Net Profit of RUB16.2 billion. As of 31 December 2018 (according to Knight Frank), the net sellable area of projects in LSR Group's real estate portfolio amounted to 7.8 million m2 with a market value of RUB186 billion.
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| ISIN: | US50218G2066 |
| Category Code: | MSCH |
| TIDM: | LSRG |
| LEI Code: | 25340067LEEMJ79K8X43 |
| OAM Categories: | 3.1. Additional regulated information required to be disclosed under the laws of a Member State |
| Sequence No.: | 8079 |
| EQS News ID: | 795673 |
| End of Announcement | EQS News Service |
UK Regulatory announcement transmitted by DGAP - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement.