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24 Mar 2017 16:30
Director/Person Discharging Managerial Responsibilities ("PDMR")/Person Closely Associated ("PCA") Shareholding
24th March 2017. Mail.Ru Group Limited (LSE: MAIL, hereinafter referred as "the Company" or "the Group") announces that it was notified that on 23rd March 2017 Dmitry Grishin (a Chairman of the Board of Directors and PDMR) assigned to his PCA, Denholma Limited, 2,200,000 Restricted Stock Units comprising Global Depositary Receipts ("GDRs") representing the Company's ordinary shares admitted to trading on the London Stock Exchange (ISIN US5603172082, Common Code: 055222126), and that Denholma Limited acquired 2,200,000 GDRs through the exercise of rights under the Company's Restricted Stock Unit Plan.
The notification below, made in accordance with the requirements of the EU Market Abuse Regulation, provides further detail.
Notification and public disclosure of a transaction by PDMR:
1. | Details of PDMR/PCA | |||||
a) | Name | Dmitry Grishin. | ||||
b) | Position / status | Chairman of the Board of Directors. | ||||
c) | Initial notification / amendment | Initial notification. | ||||
2. | 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 | Restricted Stock Unit comprising Global Depositary Receipts representing the Company's ordinary shares. | ||||
b) | Nature of the transaction | Assignment of 2,200,000 Restricted Stock Units comprising Global Depositary Receipts (ISIN: US5603172082, Common Code: 055222126) to his PCA. | ||||
c) | Price(s) and volume(s) |
| ||||
d) | Aggregated information - Aggregated volume - Price | N.A. | ||||
e) | Date of the transaction | 2017-03-23 UTC. | ||||
f) | Place of the transaction | Outside a trading venue. | ||||
1. | Details of PDMR/PCA | |||||
a) | Name | Denholma Limited. | ||||
b) | Position / status | PCA of Dmitry Grishin, Chairman of the Board of Directors. | ||||
c) | Initial notification / amendment | Initial notification. | ||||
2. | 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 | Global Depositary Receipts representing the Company's ordinary shares. | ||||
b) | Nature of the transaction | Acquisition of 2,200,000 Restricted Stock Units comprising Global Depositary Receipts (ISIN: US5603172082, Common Code: 055222126) through assignment. | ||||
c) | Price(s) and volume(s) |
| ||||
d) | Aggregated information - Aggregated volume - Price | N.A. | ||||
e) | Date of the transaction | 2017-03-23 UTC. | ||||
f) | Place of the transaction | Outside a trading venue. | ||||
3. | 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 | Global Depositary Receipts representing the Company's ordinary shares. | ||||
b) | Nature of the transaction | Acquisition of 2,200,000 Regulation S Global Depositary Receipts (ISIN: US5603172082, Common Code: 055222126) through the exercise of rights under the Company's Restricted Stock Unit Plan. | ||||
c) | Price(s) and volume(s) |
| ||||
d) | Aggregated information - Aggregated volume - Price | N.A. | ||||
e) | Date of the transaction | 2017-03-23 UTC. | ||||
f) | Place of the transaction | Outside a trading venue. | ||||
For Further Information Please Contact:
Investors
Matthew Hammond
Phone: +971 505 56 1315
E-mail: hammond@corp.mail.ru
About Mail.Ru Group
Mail.Ru Group (LSE:MAIL, listed since November 5, 2010) is a leading company in the Russian-speaking Internet markets (Russia is Europe's largest Internet market measured by the number of users, comScore). Mail.Ru Group's sites reach approximately 93% of Russian Internet users on a monthly basis (comScore, June 2016).
In line with the 'communitainment' (communication plus entertainment) strategy, the Company is building an integrated communications and entertainment platform. The Company owns Russia's leading email service and one of Russia's largest internet portal, Mail.Ru (TNS, all Russia, age 12-64, June 2016). The Company operates the three largest Russian language social networks, Vkontakte (VK), Odnoklassniki (OK) and Moi Mir (My World), and Russia's largest online games business (including such gaming titles as Warface, Armored Warfare, Skyforge and Perfect World). The Company also includes a leading OpenStreetMap-based offline mobile maps and navigation service MAPS.ME, two instant messaging (IM) services, Mail.Ru Agent and ICQ, which are popular in Russia and Commonwealth of Independent States (CIS), and other products.
The company owns 100% of mobile games developer Pixonic, and 100% of Delivery Club, the number one food delivery company in Russia. Mail.Ru Group also holds an equity stake in a number of small venture capital investments in various Internet companies in Russia, Ukraine and Israel.
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