UK Markets open in 5 hrs 48 mins

SberBank: Sber divesting MF Technologies

  • Oops!
    Something went wrong.
    Please try again later.
  • Oops!
    Something went wrong.
    Please try again later.
·1-min read
In this article:
  • Oops!
    Something went wrong.
    Please try again later.
  • Oops!
    Something went wrong.
    Please try again later.

Sberbank (SBER)
12-Nov-2021 / 22:22 MSK
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.

Sber divesting MF Technologies

November 12, 2021

Sber announces the signing of legally binding documents to sell 36% of shares in MF Technologies, which controls 57.3% of Mail.Ru Group Limited (VK) voting shares, to Gazprombank. The value of the deal will be RUB 12.8 bn.

MF Technologies is a joint venture with the mission to implement projects in the digital economy field.

The deal is scheduled to be closed in the fourth quarter of 2021 after all the approvals are obtained.


ISIN:

US80585Y3080, RU0009029540, RU0009029557, US80585Y4070

Category Code:

MSCM

TIDM:

SBER

LEI Code:

549300WE6TAF5EEWQS81

OAM Categories:

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

Sequence No.:

126769

EQS News ID:

1248844


 

End of Announcement

EQS News Service

show this
show this
Our goal is to create a safe and engaging place for users to connect over interests and passions. In order to improve our community experience, we are temporarily suspending article commenting