Moscow, Russian Federation – MTS PJSC (“MTS” – NYSE: MBT; MOEX: MTSS), the leading Russian telecommunications operator and digital service provider, announces that Bastion LLC, the Company's wholly-owned subsidiary, recently acquired 2,388,908 MTS shares of Common Stock (including shares of Common Stock represented by ADSs) representing 0.1195% of share capital issued by MTS. Bastion LLC purchased MTS shares of Common Stock (including shares of Common Stock represented by ADSs) under the Repurchase Plan announced on July 2, 2018.
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.
Since the launch of the Repurchase Plan on July 2, 2018, Bastion has acquired 77,596,743 shares of Common Stock (including shares of Common Stock represented by ADSs) representing 3.8830% of share capital issued by MTS. This includes 34,739,699 shares of Common Stock acquired from Sistema Finance under a sale and purchase agreement concluded prior to the launch of the Repurchase Plan.
For further information, please contact in Moscow:
Investor Relations Department
Mobile TeleSystems PJSC
Tel: +7 495 223 2025