The next focusIR Investor Webinar takes places on 14th May with guest speakers from WS Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksSSA.L Regulatory News (SSA)

  • There is currently no data for SSA

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

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
30th Sep 201912:40 pmEQSSistema PJSFC: Sistema reports acquisition of shares under buyback programme
25th Sep 201911:00 amEQSSistema PJSFC: Sistema rating raised to ruA by Expert RA
23rd Sep 20195:30 pmEQSSistema PJSFC: Sistema reports acquisition of shares under buyback programme
17th Sep 20197:45 amEQSSistema PJSFC: Sistema launches RUB 3.0 billion share repurchase programme
30th Aug 201911:11 amEQSSistema PJSFC: Sistema credit rating raised to BB- by S&P
29th Aug 20198:11 amEQSSistema PJSFC: Sistema announces financial results for the second quarter 2019
12th Aug 20197:45 amEQSSistema PJSFC: Sistema to sell 49% of Leader Invest to Etalon Group
8th Aug 20197:50 amEQSSistema PJSFC: Sistema completes transaction to become shareholder of pharmaceutical businesses Sintez and Biocom
19th Jul 20193:15 pmEQSSistema PJSFC: Sistema closes order book on RUB 10 bn series 001Р-11 exchange-traded bonds
2nd Jul 20195:45 pmEQSSistema PJSFC: Changes in the shareholdings of members of the Board of Directors in Sistema PJSFC
1st Jul 20197:55 amEQSSistema PJSFC: Sistema announces results of AGM and Board of Directors meeting
25th Jun 20192:58 pmEQSSistema PJSFC: Report on Payments to Governments for 2018
17th Jun 20198:45 amEQSSistema PJSFC: Sistema attracts unsecured loan from VTB Bank (PJSC)
7th Jun 201910:38 amEQSSistema PJSFC: Sistema to acquire pharmaceutical companies Sintez and Biocom from Marathon Group
4th Jun 20198:01 amEQSSISTEMA ANNOUNCES FINANCIAL RESULTS FOR THE FIRST QUARTER 2019
20th May 20198:00 amEQSSistema announces decisions of the Board of Directors
17th May 20193:00 pmEQSSistema PJSFC: Sistema redeems USD500 million Eurobond
6th May 20195:00 pmEQSSistema PJSFC: Information on a transaction under the MTS share buyback programme
29th Apr 20194:00 pmEQSSistema Annual Report 2018
29th Apr 20197:46 amEQSSistema PJSFC: Sistema increases its stake in Ozon
26th Apr 20198:05 amEQSSistema PJSFC: Correction: Sistema and VTB to create a major pharmaceuticals holding
26th Apr 20198:00 amEQSSistema PJSFC: RDIF, RCIF and Middle Eastern investors to acquire stake in OBL Pharm
3rd Apr 20195:00 pmEQSSistema PJSFC: Information on a transaction under the MTS share buyback programme
3rd Apr 20198:16 amEQSSISTEMA ANNOUNCES FINANCIAL RESULTS FOR THE FOURTH QUARTER AND FULL YEAR 2018
1st Apr 20197:48 amEQSSistema announces decisions of the Board of Directors
28th Mar 20193:00 pmEQSSistema closes order book on RUB 10 bn series 001P-10 exchange-traded bonds
5th Mar 20194:00 pmEQSSistema PJSFC: Information on a transaction under the MTS share buyback programme
28th Feb 201912:03 pmEQSSistema PJSFC: Sistema closes order book on RUB 10 bn series 001P-09 exchange-traded bonds
21st Feb 20194:47 pmEQSSistema PJSFC: Acquisition of Sistema shares by Corporation employees
19th Feb 20194:45 pmEQSSistema acquires stake in Ozon from MTS
19th Feb 20194:00 pmEQSSistema becomes largest shareholder of Etalon Group
19th Feb 20194:00 pmRNSSistema Becomes Shareholder of Etalon Group
19th Feb 20197:00 amEQSSistema divests 51% stake in Leader Invest
12th Feb 20194:00 pmEQSSistema divests a stake in MTS Bank
6th Feb 20194:30 pmEQSSistema PJSFC: Sistema successfully completes secondary placement of series 001P-07 bonds
4th Feb 20194:00 pmEQSSistema PJSFC: Information on a transaction under the MTS share buyback programme
28th Dec 20186:55 amEQSSistema and VTB to create a major pharmaceuticals holding
14th Dec 20185:29 pmEQSChanges in the shareholdings of members of the Board of Directors in Sistema PJSFC
29th Nov 20185:20 pmRNSChanges in the shareholdings of members of the BoD
27th Nov 20187:06 amRNSSISTEMA ANNOUNCES FINANCIAL RESULTS FOR 3Q 2018
12th Nov 20184:00 pmEQSSistema PJSFC: Information on a transaction under the MTS share buyback programme
8th Oct 20183:10 pmRNSSistema rating raised to ruA- by Expert RA
3rd Oct 20185:00 pmRNSTransaction under the MTS share buyback programme
11th Sep 201811:30 amRNSAgreement with CapitalBio Technology and RCIF
10th Sep 20187:50 amRNSSistema announces decisions of Board of Directors
4th Sep 20185:00 pmRNSTransaction under the MTS share buyback programme
30th Aug 20188:00 amRNSFINANCIAL RESULTS FOR THE SECOND QUARTER 2018
23rd Aug 201810:40 amRNSSistema improves position in FTSE4Good index
7th Aug 20185:45 pmRNSTransaction under the MTS share buyback programme
30th Jul 201810:30 amRNSSistema secures credit facility from Otkritie Bank

Due to London Stock Exchange licensing terms, we stipulate that you must be a private investor. We apologise for the inconvenience.

To access our Live RNS you must confirm you are a private investor by using the button below.

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.