Moscow, 1 November 2019 – Sistema PJSFC (“Sistema” or the “Company”) (LSE: SSA, MOEX: AFKS), a publicly traded diversified Russian holding company, announces that its wholly-owned subsidiary Sistema Finance JSC (“Sistema Finance”) acquired 19,881,700 of the Company's ordinary shares (ISIN: RU000A0DQZE3) pursuant to the buyback programme announced on 17 September 2019 (the “Programme”). The shares were purchased on Moscow Exchange (MOEX) by the broker on behalf of Sistema Finance between 24 and 29 October 2019 and subsequently transferred to Sistema Finance on 31 October 2019.
Aggregated information:
|
Date(s) of purchase by the broker on MOEX |
Number of shares purchased |
VWAP of shares purchased, RUB |
|
24.10.2019 |
5,042,500 |
13.89 |
|
25.10.2019 |
5,353,500 |
13.58 |
|
28.10.2019 |
4,410,700 |
13.83 |
|
29.10.2019 |
5,075,000 |
14.22 |
Sistema was notified of the acquisition by Sistema Finance on 1 November 2019.
Since the beginning of the Programme Sistema Finance has acquired 85,087,471 ordinary shares.
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Sistema is a publicly-traded diversified Russian holding company serving over 150 million customers in the sectors of telecommunications, high technology, financial services, retail, paper and packaging, agriculture, real estate, tourism and medical services. The company was founded in 1993. Revenue in 2018 was RUB 777.4 bn; total assets equalled RUB 1.5 trn as of 31 December 2018. Sistema's global depositary receipts are listed under the "SSA" ticker on the London Stock Exchange. Sistema's ordinary shares are listed under the "AFKS" ticker on the Moscow Exchange. Website: www.sistema.com
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For further information, please visit www.sistema.com or contact:
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