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Sistema PJSFC (SSA)
Not for publication or distribution, directly or indirectly, in or into the United States, Canada, Australia or Japan, or in any other jurisdiction in which such publication or distribution would be prohibited by applicable law
Moscow, 1 June 2021 - Sistema PJSFC ("Sistema", the "Corporation" or, together with its subsidiaries and affiliates, the "Group") (LSE: SSA, MOEX: AFKS), a publicly traded Russian investment company, announces that Sistema's ownership stake in Segezha Group PJSC (MOEX: SGZH) totals approximately 73.1% as of the date of this announcement following the exercise of the over-allotment option (the "Over-Allotment Option") by Renaissance Securities (Cyprus) Limited as Stabilization Manager in connection with the initial public offering and listing of ordinary shares of Segezha Group PJSC on Moscow Exchange in April 2021. Sistema's gross proceeds from the Over-Allotment Option amounted to approximately RUB 0.8 bln.
Sistema PJSFC is a publicly traded Russian investment company with a diversified portfolio of assets 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 2020 was RUB 691.6 billion; total assets equalled RUB 1.4 trillion as of 31 December 2020. 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.
For further information, please visit www.sistema.com or contact:
The information contained in this announcement does not constitute or form part of any offer for sale or subscription of or solicitation of any offer to buy or subscribe for any securities in the United States, nor shall it or any part of it form the basis of or be relied on in connection with any contract or commitment whatsoever. Under the U.S. Securities Act of 1933, as amended, securities may not be offered or sold in the United States absent registration or an exemption from registration. Sistema does not intend to register any portion of any offering of securities in the United States or to conduct a public offering of any securities in the United States.
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