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Sistema PJSFC: Ad-Hoc Notice

13 Apr 2022 15:45

Sistema PJSFC (SSA) 13-Apr-2022 / 17:45 MSK Dissemination of a Regulatory Announcement, transmitted by EQS Group. The issuer is solely responsible for the content of this announcement.


 

Moscow, 13 April 2022 - Sistema PJSFC ("Sistema", the "Corporation" or, together with its subsidiaries, the "Group"), notes that on 13 April 2022 the UK Government imposed asset freeze sanctions on Vladimir Yevtushenkov, the largest shareholder of Sistema and announces that it will continue to duly fulfil all of its obligations towards its creditors, investors, employees and partners.

Sistema also reports that Vladimir Yevtushenkov has transferred a 10% stake in the share capital of Corporation to Sistema's member of the Board of Directors and Senior managing partner, Felix Yevtushenkov. As a result of this transaction, Felix Yevtushenkov's stake in the share capital of Sistema has increased to 15.2%, whereas Vladimir Evtushenkov's shareholding in Sistema has decreased to 49.2%.

The sanctions imposed by the UK Government on Vladimir Yevtushenkov are personal and do not target the Corporation and other Group companies.

Sistema has all the necessary resources management team and expertise to ensure its steady operations in the current environment. The Corporation maintains a stable financial position and comfortable debt leverage, as demonstrated in its financial statements for 2021. The debt portfolio of the Corporation is fully denominated in Russian roubles.

In view of the high level of uncertainty and the rapidly changing external environment Sistema cannot, however, rule out further possibility of a material adverse impact on the operations and financial results of the Group's companies and, as a result, on the Corporation's financial results, stemming from current and/or future external factors beyond its control, including a change in the macroeconomic situation, restrictions relating to business and trade relations, or the possibility of the further expansion of sanctions.

***

 

Sistema PJSFC is a publicly traded diversified Russian holding company in the sectors of telecommunications, high technology, financial services, retail, paper and packaging, agriculture, real estate, tourism and medical services. The company was founded in 1993. Revenue in 2021 was RUB 802.4 billion; total assets equalled RUB 1.8 trillion as of 31 December 2021. Sistema's global depositary receipts are listed under the "SSA" ticker on the London Stock Exchange. Sistema's ordinary shares are listed under the "AFKS" ticker on the Moscow Exchange. Website: www.sistema.ru.  

***

For further information, please visit www.sistema.com or contact:

Public Relations

Sergey Kopytov

Tel.: +7 (495) 228 15 32

kopytov@sistema.ru

Investor Relations

Sergey Levitskiy

Tel: +7 (495) 730 66 00

s.levitskiy@sistema.ru

This document does not constitute or form part of any offer or invitation to sell or issue, or any solicitation of any offer to purchase or subscribe for, any shares or other securities of PJSFC Sistema and/or any of its subsidiaries and affiliated companies, nor shall any part of it nor the fact of its distribution form part of or be relied on in connection with any contract or investment decision relating thereto, nor does it constitute a recommendation regarding the shares or securities of PJSFC Sistema and/or any of its subsidiaries and affiliated companies.

 


ISIN:US48122U2042
Category Code:MSCM
TIDM:SSA
LEI Code:213800JSZ2UUK4QQK694
Sequence No.:155544
EQS News ID:1327733
 
End of AnnouncementEQS 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.

Date   Source Headline
2nd Dec 20217:00 amEQSSistema PJSFC: Sistema announces financial results for the third quarter 2021
29th Nov 20214:05 pmEQSSistema PJSFC: Sistema reports acquisition of shares under buyback programme
22nd Nov 20214:05 pmEQSSistema PJSFC: Sistema reports acquisition of shares under buyback programme
15th Nov 20214:05 pmEQSSistema PJSFC: Sistema reports acquisition of shares under buyback programme
8th Nov 20214:05 pmEQSSistema PJSFC: Sistema reports acquisition of shares under buyback programme
1st Nov 20214:05 pmEQSSistema PJSFC: Sistema reports acquisition of shares under buyback programme
25th Oct 20215:05 pmEQSSistema PJSFC: Sistema reports acquisition of shares under buyback programme
18th Oct 20215:05 pmEQSSistema PJSFC: Sistema reports acquisition of shares under buyback programme
11th Oct 20215:05 pmEQSSistema PJSFC: Sistema reports acquisition of shares under buyback programme
11th Oct 20217:04 amEQSSistema PJSFC: Sistema to partially monetize its stake in Segezha Group
4th Oct 20215:05 pmEQSSistema PJSFC: Sistema reports acquisition of shares under buyback programme
27th Sep 20215:05 pmEQSSistema PJSFC: Sistema reports acquisition of shares under buyback programme
22nd Sep 20215:55 pmEQSSistema PJSFC: Director/PDMR Transaction
20th Sep 20215:05 pmEQSSistema PJSFC: Sistema reports acquisition of shares under buyback programme
20th Sep 20214:35 pmRNSPrice Monitoring Extension
16th Sep 20216:00 pmEQSSistema PJSFC: Sistema to divest Sistema Capital LLC
15th Sep 20215:30 pmEQSSistema PJSFC: Announcement on the acquisition of Nearmedic Group
13th Sep 20215:05 pmEQSSistema PJSFC: Sistema reports acquisition of shares under buyback programme
30th Aug 20215:05 pmEQSSistema PJSFC: Sistema reports acquisition of shares under buyback programme
30th Aug 20218:00 amEQSSistema PJSFC: Sistema announces financial results for the second quarter 2021
27th Aug 20214:29 pmEQSSistema PJSFC: Sistema reports acquisition of shares under buyback programme
16th Aug 20215:05 pmEQSSistema PJSFC: Sistema reports acquisition of shares under buyback programme
9th Aug 20215:03 pmEQSSistema PJSFC: Sistema reports acquisition of shares under buyback programme
2nd Aug 20215:50 pmEQSSistema PJSFC: Sistema reports acquisition of shares under buyback programme
26th Jul 20215:00 pmEQSSistema PJSFC: Sistema reports acquisition of shares under buyback programme
19th Jul 20215:00 pmEQSSistema PJSFC: Sistema reports acquisition of shares under buyback programme
12th Jul 20215:50 pmEQSSistema PJSFC: Director/PDMR Transaction
12th Jul 20215:00 pmEQSSistema PJSFC: Sistema reports acquisition of shares under buyback programme
5th Jul 20215:00 pmEQSSistema PJSFC: Sistema reports acquisition of shares under buyback programme
2nd Jul 20214:00 pmEQSSistema PJSFC: Information on a transaction under the MTS share buyback programme
1st Jul 20216:00 pmEQSSistema PJSFC: Director/PDMR Transaction
29th Jun 20216:00 amEQSSistema PJSFC: VTB Capital invests in Binnopharm Group
28th Jun 20215:50 pmEQSSistema PJSFC: Director/PDMR Transaction
28th Jun 20215:00 pmEQSSistema PJSFC: Sistema reports acquisition of shares under buyback programme
28th Jun 20218:00 amEQSSistema PJSFC: Sistema announces decisions of AGM and Board of Directors
25th Jun 20215:28 pmEQSSistema PJSFC: Fitch Ratings upgrades Sistema's credit rating to BB
21st Jun 202111:18 amEQSSistema PJSFC: Report on Payments to Governments for 2020
16th Jun 20215:00 pmEQSSistema PJSFC: Sistema reports acquisition of shares under buyback programme
15th Jun 202110:00 amEQSSistema PJSFC: Sistema increases the volume of its share buyback programme
15th Jun 20218:00 amEQSSistema PJSFC: Sistema announces financial results for the first quarter 2021
11th Jun 20217:47 pmEQSSistema PJSFC: Sistema reports acquisition of shares under buyback programme
7th Jun 20215:00 pmEQSSistema PJSFC: Sistema reports acquisition of shares under buyback programme
4th Jun 20215:00 pmEQSSistema PJSFC: Information on a transaction under the MTS share buyback programme
3rd Jun 20215:55 pmEQSSistema PJSFC: Director/PDMR Transaction
3rd Jun 20215:00 pmEQSSistema PJSFC: Sistema reports acquisition of shares under buyback programme
1st Jun 20217:45 amEQSSistema PJSFC: Ad-Hoc Notice
31st May 20215:23 pmEQSSistema PJSFC: Sistema reports acquisition of shares under buyback programme
26th May 20215:55 pmEQSSistema PJSFC: Director/PDMR Transaction
26th May 20215:00 pmEQSSistema PJSFC: Sistema reports acquisition of shares under buyback programme
24th May 20214:00 pmEQSSistema PJSFC: Sistema announces new dividend policy

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