Sistema PJSFC: Termination of transaction to purchase a 47.7% stake in Melon Fashion Group
Sistema PJSFC (SSA)
Termination of transaction to purchase a 47.7% stake in Melon Fashion Group
Moscow, Russia – 5 March 2023 – Sistema PJSFC (the “Corporation”) (LSE: SSA, MOEX: AFKS) announces that all the agreements entered into by the Corporation on October 19, 2022, to acquire in aggregate a 47.7% stake in Melon Fashion Group from Swedish Eastnine and East Capital Holding AB, as well as a group of individual investors, have been amicably terminated by the parties thereto.
For further information, please visit www.sistema.ru or contact:
End of Announcement
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