Moscow, 04 September 2020  Sistema PJSFC (LSE: SSA, MOEX: AFKS), a publicly-traded diversified holding company, announces that as a result of the offering of existing shares of Detsky Mir (MOEX: DSKY), Russia largest specialised children goods retailer, Sistema has fully divested its 20.38% ownership stake in Detsky Mir.

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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. 

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