O'key Regs Regulatory News (OKEY)

05 March 2022

O'KEY GROUP STATEMENT FOR SHAREHOLDERS

O'KEY Group S.A. (LSE, MOEX: OKEY, the "Group" or the "Company"), one of Russia's leading food retailers, makes a statement for its shareholders regarding the Group's global depositary receipts (GDRs) trading on the London Stock Exchange (LSE).

All materials published by the Group are available at www.okeygroup.lu.

On March 4, 2022, the London Stock Exchange (LSE) announced that it had suspended the admission to trading of O'KEY Group's GDRs. The announcement has been published at the official website of LSE at https://www.londonstockexchange.com/resources/london-stock-exchange-notices?tab=2022.

In respect to this, the Company notes that the trading suspension of O'KEY Group GDRs has temporary nature and does not affect the GDRs listing on LSE. The Company emphasizes that O'KEY Group GDRs continue to be listed on LSE.

O'KEY Group GDRs are listed on LSE since 2010, and since then the Company has always been meeting the highest standards of corporate governance and has earned a crystal-clear reputation in the market.

The Company also notes that O'KEY Group GDRs are listed and admitted to trading on Moscow Exchange (MOEX) since December 2020. The Company confirms that its GDRs are available for trading on MOEX for all market participants upon the stock exchange opening.

Further update on the trading status of the Company's GDRs on both LSE and MOEX will be made in due course, if appropriate.

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ABOUT O'KEY GROUP

As of 31 December, 2021, the Group operated 230 stores across Russia (78 hypermarkets and 152 discounters) with total selling space of 625,572 square meters. The company opened its first hypermarket in St. Petersburg in 2002 and has since demonstrated continuous growth. O'KEY was the first Russian food retailer to launch e-commerce operations in St. Petersburg and Moscow, offering a full range of hypermarket products for home delivery. The Group has seven e-commerce pick-up points in Moscow and six e-commerce pick-up points in St. Petersburg. In 2015, the Group launched the first discount chain in Russia under the DA! brand. The Group operates five distribution centres in Russia - three in Moscow and two in St. Petersburg. The Group employs more than 20,000 people. In 2020, Group's revenue amounted to RUB 174.3 billion, while EBITDA reached RUB 14.8 billion. The O'KEY shareholder structure is as follows: NISEMAX Co Ltd - 43.20%, GSU Ltd - 30.03%, free float and other holders - 26.77%. 

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