Dow Jones received a payment from EQS/DGAP to publish this press release.
PJSC 'Novorossiysk Commercial Sea Port' (NCSP)
PJSC 'Novorossiysk Commercial Sea Port': Primorsk Port Wins Anti-Monopoly
Case in Court of Appeal
28-Sep-2017 / 17:39 CET/CEST
Dissemination of a Regulatory Announcement, transmitted by EQS Group.
The issuer / publisher is solely responsible for the content of this
announcement.
Press-release
Primorsk Port Wins Anti-Monopoly Case in Court of Appeal
28.09.2017
NCSP Group (LSE: NCSP, MoEx: NMTP) hereby reports that on 28 September 2017
the Ninth Arbitration Court of Appeal in Moscow has rules in favor of
Primorsk Trade Port LLC (PTP), a company of NCSP Group, and upheld the
previous ruling of the Arbitration Court of Moscow, in the case to appeal
and indictment of the Federal Anti-Monopoly Service of Russia (FAS).
Previously on 08 June 2017 the Arbitration Court of Moscow ruled to satisfy
the appeal of PTP and declared invalid an indictment by FAS dated 21.11.2016
which accused PTP of breaching the Federal law On Protection of Competition
and upholding monopolistically high tariffs and demanded to cancel them.
About NCSP Group
NCSP Group is the largest port operator in Russia and the third largest in
Europe by cargo turnover in 2016. NCSP Group is traded on Moscow Exchange
(NMTP) and London Stock Exchange as GDRs (NCSP). NCSP Group volumes in 2016
totaled 147 million tons. NCSP Group consists of: PJSC Novorossiysk
Commercial Sea Port, LLC Primorsk Trade Port, JSC Novorossiysk Grain
Terminal, OJSC Novorossiysk Ship Repair Yard, JSC NCSP Fleet, JSC NLE, OJSC
IPP, Baltic Stevedore Company LLC, JSC SFP.
Contacts
Kristina Senko, Public Relations: KSenko@ncsp.com
Mikhail Shchur, Investor Relations: MShchur@ncsp.com
ISIN: US67011U2087
Category Code: MSCM
TIDM: NCSP
Sequence No.: 4667
End of Announcement EQS News Service
614205 28-Sep-2017
(END) Dow Jones Newswires
September 28, 2017 11:39 ET (15:39 GMT)
