21 Dec 2017 09:53
LSR Group will buy-back shares for management incentive program
LSR Group plans to buy-back ordinary shares and/or GDRs for further implementation of its long-term incentive program for the company's management launched back in 2013. It is planned to purchase shares in the amount of up to RUB 1bn before the end of January 2018.
The program has been designed in full compliance with the existing legislation, requirements of European stock market regulators and best market practices. The buy-back will be executed for the account of LSR Group's subsidiary. The acquired Shares and/or GDRs will retain all rights, including right to receive dividends.
For more information please contact:
LSR Group Press Service
+7 (812) 333-11-11
E-mail: press@lsrgroup.ru
www.lsrgroup.ru
LSRG.L (LSRG)