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Mobile TeleSystems

April 17, 2020

Periodic notice on 2020 buyback

MOSCOW, Russia — MTS (NYSE: MBT; MOEX: MTSS), Russia’s leading mobile connectivity and digital services provider, announces that Bastion LLC, the Company's wholly-owned subsidiary, recently acquired 777,500 MTS shares of Common Stock (including shares of Common Stock represented by ADSs) representing 0.04% of share capital issued by MTS. The shares were acquired under the Repurchase Plan announced on March 31, 2020.

Under Russian legislation, MTS is required to disclose any shares acquired by the Company or any of its subsidiaries. MTS will fully disclose the aggregate number of shares acquired during the period, what this represents in MTS’ share capital, as well as price paid, during its next quarterly disclosure.

* * *

For further information, please contact in Moscow:

Investor Relations Department

Mobile TeleSystems PJSC

Tel: +7 495 223 2025

E-mail: ir@mts.ru

 

 

 

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