5 Dec 2019 17:00
Person Discharging Managerial Responsibilities ("PDMR") Shareholding
5 December 2019. Mail.ru Group Limited (LSE: MAIL, hereinafter referred as the "Company" or the "Group") announces that it was notified that on 3 December 2019 Dmitry Sergeev, Elected Director of the Company and PDMR, sold 164,975 Global Depositary Receipts ("GDRs") representing the Company's ordinary shares admitted to trading on the London Stock Exchange (ISIN US5603172082, Common Code: 055222126).
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 Sergeev. | ||||
b) | Position / status | Elected Director. | ||||
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 | Sale of 164,975 Regulation S Global Depositary Receipts (ISIN: US5603172082, Common Code: 055222126) | ||||
c) | Price(s) and volume(s) |
| ||||
d) | Aggregated information - Aggregated volume - Price |
- 164,975
- $19.594675 | ||||
e) | Date of the transaction | 2019-12-03 UTC. | ||||
f) | Place of the transaction | London IOB. | ||||
For Further Information Please Contact:
Investors
Tatiana Volochkovich
Phone: +7 495 725 6357 extension: 3434
Mobile: +7 905 594 6604
E-mail: t.volochkovich@corp.mail.ru
PressSergei Luchin
Mobile: +7 (925) 347-83-81
E-mail: s.luchin@corp.mail.ru
About Mail.ru Group
Mail.ru Group (MAIL, listed since November 5, 2010) is the largest internet business in Russia in terms of total daily audience (Mediascope Web Index Desktop+Mobile, Russia, population aged 12-64 in the cities 100,000+, August 2019).
Mail.ru Group is developing the leading domestic internet communications and entertainment platform. The company owns Russia's two largest Russian language social networks, VKontakte (VK) and Odnoklassniki (OK), leading email service, one of Russia's largest internet portals (Mail.ru), and four instant messaging services. Mail.ru Group's gaming portfolio under MY.GAMES brand includes Russia's largest MMO games and global mobile games. In 2019, MRG Tech Lab was launched with a primary focus on technology and innovation development.
Mail.ru Group is a shareholder of AliExpress Russia JV along with Alibaba Group, MegaFon and Russian Direct Investment Fund. The company partners with Sberbank to jointly develop O2O service platform targeting food delivery and taxi markets.