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LSR Group announces pricing of public irrevocable offer for its Series 001P-02 bonds

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PJSC LSR Group (LSRG)
09-Nov-2020 / 14:30 CET/CEST
Dissemination of a Regulatory Announcement that contains inside information according to REGULATION (EU) No 596/2014 (MAR), transmitted by EQS Group.
The issuer is solely responsible for the content of this announcement.

LSR Group announces pricing of public irrevocable offer for its Series 001P-02 bonds

 

St. Petersburg, Russia -9 November 2020 - PJSC LSR Group ("LSR" or the "Company") (LSE: LSRG; MOEX: LSRG), one of the leading real estate developers and building materials producers in Russia, today announces pricing of its previously announced public irrevocable offer for its non-convertible interest-bearing certified exchange-traded Series 001P-02 bearer bonds in an aggregate amount of up to 3,333,333 bonds. The issuance is subject to mandatory centralized custody, placed under the programme of the exchange-traded bonds (the "Exchange-traded bonds").

The purchase price was set at 103.41% of the outstanding part of the par value of the Series 001P-02 bonds and it was determined in accordance with the procedure established in the public irrevocable offer. The outstanding portion of the par value as at the Purchase Date is amounted to RUB 600. An accrued coupon is paid simultaneously with the purchase price. The Purchase Date is set on November 11, 2020.

The identification number of the issue is 4B02-02-55234-E-001P as of 20 April 2017 (ISIN RU000A0JXPM0).

 

For more information please contact:

 

About LSR Group:

PJSC LSR Group is a real estate development and building materials company founded in 1993 and operating in a number of complementary market segments. Its core business areas are production of building materials and real estate development and construction. LSR Group's main operations are located in St. Petersburg and Leningrad Region, Moscow and Moscow region and Yekaterinburg. As of 31 December 2019 (according to Knight Frank), the net sellable area of projects in LSR Group's real estate portfolio amounts to 7.6 million m2 with the market value of RUB 207 billion.

In accordance with its audited IFRS consolidated financial statements for 2019, LSR Group reported revenue of RUB110.4 billion, Adjusted EBITDA of RUB21.0 billion and Net Profit of RUB7.5 billion.

Ordinary shares of the Company are traded on the Moscow Exchange (MOEX: LSRG) and GDRs representing its ordinary shares are traded on the London Stock Exchange (LSE: LSRG).

www.lsrgroup.ru


Investor Relations

 

Igor Tsoy

Director of Investor Relations

E-mail: IR@lsrgroup.ru

 

Media Relations


LSR Group Press Service
E-mail: press@lsrgroup.ru
 

Investor Relations

 

Igor Tsoy

Director of Investor Relations

E-mail: IR@lsrgroup.ru

 

Media Relations


LSR Group Press Service
E-mail: press@lsrgroup.ru
 

ISIN:

US50218G2066

Category Code:

MSCL

TIDM:

LSRG

LEI Code:

25340067LEEMJ79K8X43

OAM Categories:

3.1. Additional regulated information required to be disclosed under the laws of a Member State

Sequence No.:

87490

EQS News ID:

1146591


 

End of Announcement

EQS News Service

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