DGAP-Regulatory: PJSC PIK Group: 2Q 2016 Trading Update

18 Jul 2016 09:20

PJSC PIK Group / Half-yearly ResultsPJSC PIK Group: 2Q 2016 Trading Update 18-Jul-2016 / 10:19 CET/CESTDissemination of a Regulatory Announcement, transmitted by EquityStory.RS,LLC - a company of EQS Group AG.The issuer is solely responsible for the content of this announcement. --------------------------------------------------------------------------- PIK GROUP 2Q 2016 Trading Update MOSCOW, July 18, 2016 - PIK Group (LSE: PIK) released today its tradingupdate for the six months ended June 30, 2016 (2Q2016). The operational andfinancial data are based on management assessment only and have not beenreviewed by external auditors. 1H2016 key operational highlights: - Total cash collections increased by 39.5% to RUB 41.8 billion (1H2015: RUB30.0 billion. - Cash collections from sale of real estate to individuals increased by 55.3% to RUB 35.7 billion (1H2015: RUB 23.0 billion). - Cash collections from construction services and others decreased by 12.8% to RUB 6.1 billion (1H2015: RUB 7.0 billion) - New sales contracts to customers increased by 77.6% to 405 th. sqm. (1H2015: 228 th. sq. meters). - In 1H2016, PIK launched 22 new projects compared to 17 new projects in 1H2015. New sellable area in the buildings put on sale increased by 29.5% to 399 th. sq. meters (1H2015: 308 th. sq. meters). - Share of mortgage-backed sales reached 49.0% in 2Q2016. - Table 1 - Cash collections summary (in RUB MM) 2Q2015 2Q 2016 Change, % 1H2015 1H2016 Change, % 12 840 21 288 65.8% 29 974 41 809 39.5%TOTAL GROSSCASHCOLLECTIONSIncluding: 9 553 18 487 93.5% 23 020 35 747 55.3%Cash 3 287 2 800 (14.8%) 6 954 6 062 (12.8%)collectionsfrom sale ofreal estate Table 2 - New sales contracts to customers in '000 sq. 2Q2015 2Q2016 Change, % 1H2015 1H2016 Change, %metersNew sales 118 201 70.3% 228 405 77.6%contracts tocustomersValue of 9 977 19 024 90.7% 19 954 38 262 91.8%retailcontracts forapartments andground floors(in RUB mn) Table 3 - Pre-sales launches summary table 1H2015 1H2016 ChangeNew sellable area, 000' sqm 308 399 29.5%Number of buildings launched for sale 17 22 +5 Enquiries: PIK Group Investors Media Polina Kurshetsova Natalia MikhnaTel: +7 495 505 97 33 ext. 3785 Tel: +7 909 913 14 70E-mail: ir@pik.ru E-mail: pressa@pik.ru Some of the information in this press release may contain guidance,projections or other forward-looking statements regarding future events orthe future financial performance of PIK Group. You can identify forward-looking statements by terms such as 'expect,' 'believe,' 'anticipate,''estimate,' 'intend,' 'will,' 'could,' 'may' or 'might,' or the negative ofsuch terms or other similar expressions. These statements are onlypredictions and actual events or results may differ materially. PIK Groupdoes not intend to or undertake any obligation to update these statementsto reflect events and circumstances occurring after the date hereof or toreflect the occurrence of unanticipated events. Many factors could causethe actual results to differ materially from those contained in PIK Group'sprojections, guidance or forward-looking statements, including, amongothers, general economic and market conditions, PIK Group's competitiveenvironment, risks associated with operating in Russia, rapid marketchange, and other factors specifically related to PIK Group and itsoperations. This document does not constitute or form part of any offer or invitationto sell or issue, or any solicitation of any offer to purchase or subscribefor, any securities of PIK Group, nor shall any part of it nor the fact ofits distribution form part of or be relied on in connection with anycontract or investment decision relating thereto, nor does it constitute arecommendation regarding the securities of PIK Group. --------------------------------------------------------------------------- 18-Jul-2016 The EquityStory.RS, LLC Distribution Services include RegulatoryAnnouncements, Financial/Corporate News and Press Releases.Archive at www.dgap.de/ukreg --------------------------------------------------------------------------- Language: English Company: PJSC PIK Group 19 bld 1 Barrikadnaya Street 123242 Moscow Russia Phone: +7 (495) 505 97 33 Fax: +7 (495) 229 90 11 E-mail: ir@pik.ru Internet: www.pik-group.ru ISIN: US69338N2062, RU000A0JP7J7 WKN: A0MSSL Listed: Foreign Exchange(s) London, RTS Category Code: IR TIDM: pik Sequence Number: 3260 Time of Receipt: 18-Jul-2016 / 10:19 CET/CEST End of Announcement EquityStory.RS, LLC News Service --------------------------------------------------------------------------- 483151 18-Jul-2016

UK-Regulatory-announcement transmitted by DGAP - a service of EQS Group AG.The issuer is solely responsible for the content of this announcement.