EQS-Regulatory: PIK GROUP 3Q 2016 Trading Update

20 Oct 2016 09:43

PJSC PIK Group / 3rd Quarter ResultsPIK GROUP 3Q 2016 Trading Update 20-Oct-2016 / 10:42 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 3Q 2016 Trading Update MOSCOW, October 20, 2016 - PIK Group (LSE: PIK) released today its tradingupdate for the nine months ended September 30, 2016 (3Q2016). Theoperational and financial data are based on management assessment only andhave not been reviewed by external auditors. 9M2016 key operational highlights: - Total cash collections increased by 49.3% to RUB 67.9 billion (9M2015: RUB 45.5 billion. - Cash collections from sale of real estate increased by 65.9% to RUB 58.7 billion (9M2015: RUB 35.4 billion). - Cash collections from construction services and others decreased by 9.3% to RUB 9.1 billion (9M2015: RUB 10.1 billion) - New sales contracts to customers increased by 55.7% to 632 th. sqm. (9M2015: 406 th. sq. meters). - In 9M2016, PIK launched 33 new projects, (9M2015: 32 new projects). New sellable area in the buildings put on sale increased by 5.6% to 644 th. sq. meters (9M2015: 610 th. sq. meters). - Share of mortgage-backed sales reached 50.0% in 3Q2016. - Table 1 - Cash collections summary (in RUB MM) 3Q2015 3Q2016 Change, % 9M2015 9M2016 Change, % 15 510 26 080 68.1% 45 484 67 889 49.3%TOTAL GROSSCASHCOLLECTIONSIncluding: 12 379 22 997 85.8% 35 399 58 744 65.9%Cash 3 131 3 083 (1.5%) 10 085 9 145 (9.3%)collectionsfrom sale ofreal estate Table 2 - New sales contracts to customers in '000 sq. 3Q2015 3Q2016 Change, % 9M2015 9M2016 Change, %metersNew sales 178 227 27.5% 406 632 55.7%contracts tocustomersValue of 16 286 24 719 51.8% 36 240 62 981 73.8%retailcontracts forapartments andground floors(in RUB mn) Table 3 - Pre-sales launches summary table 9M2015 9M2016 ChangeNew sellable area, 000' sqm 610 644 5.6%Number of buildings launched for sale 32 33 +1 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. --------------------------------------------------------------------------- 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, Moscow Category Code: QRT TIDM: PIK Sequence Number: 3502 Time of Receipt: 20-Oct-2016 / 10:42 CET/CEST End of Announcement EquityStory.RS, LLC News Service --------------------------------------------------------------------------- 513105 20-Oct-2016

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