01/11/2019

Sistema reports acquisition of shares under buyback programme

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:

 

 

Investor Relations

Nikolai Minashin

Tel: +7 (495) 730 66 00

n.minashin@sistema.ru

Public Relations

Sergey Kopytov

Tel.: +7 (495) 228 15 32

kopytov@sistema.ru

 

This document does not constitute or form part of any offer or invitation to sell or issue, or any solicitation of any offer to purchase or subscribe for, any shares or other securities of PJSFC Sistema and/or any of its subsidiaries and affiliated companies, nor shall any part of it nor the fact of its distribution form part of or be relied on in connection with any contract or investment decision relating thereto, nor does it constitute a recommendation regarding the shares or securities of PJSFC Sistema and/or any of its subsidiaries and affiliated companies.

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Contact PR

Sergey Kopytov
Tel.: +7 (495) 228 15 27
kopytov@sistema.ru

Eleonora Veitsman
Tel.: +7 (495)  730-17-05
Veitsman@sistema.ru

Dmitry Kolchugin
Tel.: +7 (495)  692-10-88
kolchugin@sistema.ru