Moscow, 02 October 2020  Sistema PJSFC (LSE: SSA, MOEX: AFKS), a publicly-traded diversified holding company, notes the announcement by its portfolio company Ozon that it has confidentially submitted a draft Registration Statement on Form F-1 to the Securities and Exchange Commission relating to the proposed initial public offering of its ordinary shares.

Please see the link to Ozon announcement: https://corporate.ozon.ru/tpost/jdt7r966zf-ozon-has-submitted-a-draft-registration. 

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Sistema PJSFC 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 2019 was RUB 656.9 billion; total assets equalled RUB 1.3 trn as of 31 December 2019. Sistema global depositary receipts are listed under the SSA ticker on the London Stock Exchange. Sistema ordinary shares are listed under the AFKS ticker on the Moscow Exchange. Website: www.sistema.com.

This press release shall not constitute an offer to sell, or the solicitation of an offer to buy, any securities. Any offers, solicitations or offers to buy, or any sales of securities will be made in accordance with the registration requirements of the U.S. Securities Act of 1933, as amended.

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