NCSP Wins Anti-Monopoly Case in Court of Appeal

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PJSC 'Novorossiysk Commercial Sea Port' (NCSP) 
NCSP Wins Anti-Monopoly Case in Court of Appeal 
 
17-Oct-2017 / 15:43 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 
 
              NCSP Wins Anti-Monopoly Case in Court of Appeal 
 
                                                                  17.10.2017 
 
   NCSP Group (LSE: NCSP, MoEx: NMTP) hereby reports that on 17 October 2017 
  the Ninth Arbitration Court of Appeal in Moscow has rules in favor of PJSC 
 NCSP, 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 21 July 2017 the Arbitration Court of Moscow ruled to satisfy 
         the appeal of PJSC NCSP and hold invalid an indictment by FAS dated 
  30.03.2017 and 22.03.2017, which held NCSP guilty of breaching the Federal 
law On Protection of Competition and upholding monopolistically high tariffs 
    for transshipment of chemical cargo and fertilizers, non-ferrous metals, 
    crude oil and refined oil products, and partially containers and ferrous 
metals, and demanded to cancel these tariffs and remit monopolistic revenues 
                                                               to the state. 
 
                                                            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: [e-mail] 
 
                        Mikhail Shchur, Investor Relations: [e-mail] 
 
ISIN:          US67011U2087 
Category Code: MSCH 
TIDM:          NCSP 
Sequence No.:  4749 
 
End of Announcement EQS News Service 
 
619775 17-Oct-2017 
 
 

(END) Dow Jones Newswires

October 17, 2017 09:43 ET (13:43 GMT)