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PDMR Shareholding

5 Dec 2019 17:00

RNS Number : 8641V
Mail.ru Group Limited
05 December 2019
 

Person Discharging Managerial Responsibilities ("PDMR") Shareholding

 

 

5 December 2019. Mail.ru Group Limited (LSE: MAIL, hereinafter referred as the "Company" or the "Group") announces that it was notified that on 3 December 2019 Dmitry Sergeev, Elected Director of the Company and PDMR, sold 164,975 Global Depositary Receipts ("GDRs") representing the Company's ordinary shares admitted to trading on the London Stock Exchange (ISIN US5603172082, Common Code: 055222126).

The notification below, made in accordance with the requirements of the EU Market Abuse Regulation, provides further detail.

Notification and public disclosure of a transaction by PDMR:

1.

Details of PDMR/PCA

a)

Name

Dmitry Sergeev.

b)

Position / status

Elected Director.

c)

Initial notification / amendment

Initial notification.

2.

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

a)

Description of the financial instrument

Global Depositary Receipts representing the Company's ordinary shares.

b)

Nature of the transaction

Sale of 164,975 Regulation S Global Depositary Receipts (ISIN: US5603172082, Common Code: 055222126)

c)

Price(s) and volume(s)

Price(s)

Volume(s)

$19.594675

164,975

d)

Aggregated information

- Aggregated volume

- Price

 

 

- 164,975

 

- $19.594675

e)

Date of the transaction

2019-12-03 UTC.

f)

Place of the transaction

London IOB.

 

 

For Further Information Please Contact:

 

Investors

Tatiana Volochkovich

Phone: +7 495 725 6357 extension: 3434

Mobile: +7 905 594 6604

E-mail: t.volochkovich@corp.mail.ru

 

PressSergei Luchin

Mobile: +7 (925) 347-83-81

E-mail: s.luchin@corp.mail.ru

 

About Mail.ru Group

Mail.ru Group (MAIL, listed since November 5, 2010) is the largest internet business in Russia in terms of total daily audience (Mediascope Web Index Desktop+Mobile, Russia, population aged 12-64 in the cities 100,000+, August 2019).

 

Mail.ru Group is developing the leading domestic internet communications and entertainment platform. The company owns Russia's two largest Russian language social networks, VKontakte (VK) and Odnoklassniki (OK), leading email service, one of Russia's largest internet portals (Mail.ru), and four instant messaging services. Mail.ru Group's gaming portfolio under MY.GAMES brand includes Russia's largest MMO games and global mobile games. In 2019, MRG Tech Lab was launched with a primary focus on technology and innovation development.

Mail.ru Group is a shareholder of AliExpress Russia JV along with Alibaba Group, MegaFon and Russian Direct Investment Fund. The company partners with Sberbank to jointly develop O2O service platform targeting food delivery and taxi markets.

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
 
END
 
 
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