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PJSC 'Novorossiysk Commercial Sea Port' (NCSP)
PJSC 'Novorossiysk Commercial Sea Port': VTB acquires 100% of Novorossiysk
Grain Terminal from NSCP Group
14-Feb-2019 / 14:46 MSK
Dissemination of a Regulatory Announcement that contains inside information
according to REGULATION (EU) No 596/2014 (MAR), transmitted by EQS Group.
The issuer / publisher is solely responsible for the content of this
announcement.
Press Release
VTB acquires 100% of Novorossiysk Grain Terminal from NSCP Group
14.02.2019
NSCP Group (LSE: NCSP, MOEX: NMTP) hereby announces that VTB Bank and
Novorossiysk Commercial Sea Port reached an agreement and signed legally
binding documents on the acquisition by VTB Group of 100% of Novorossiysk
Grain Terminal LLC.
The transaction is scheduled to be closed at the second quarter of 2019, and
it received a permit from the regulatory authorities.
Novorossiysk Grain Terminal is a complex for transshipment of grains and
oilseeds in the port of Novorossiysk. It is one of the country's largest
port terminals for the transshipment of grain for export.
NCSP Group is the largest port operator in Russia by cargo turnover. PJSC
Transneft is the controlling shareholder (62%) of PJSC NSCP.
NCSP Group is traded on Moscow Exchange (NMTP) and London Stock Exchange as
GDRs (NCSP). NCSP Group volumes in 2018 totaled 140.2 million tons. NCSP
Group consists of: PJSC Novorossiysk Commercial Sea Port, LLC Primorsk Trade
Port, LLC Novorossiysk Grain Terminal, JSC Novorossiysk Ship Repair Yard,
JSC NCSP Fleet, JSC NLE, LLC IPP, Baltic Stevedore Company LLC, and JSC SFP.
For more information, please contact:
For press: MSidorov@ncsp.com
ISIN: US67011U2087
Category Code: AGR
TIDM: NCSP
LEI Code: LEIA0010014976
Sequence No.: 7491
EQS News ID: 776045
End of Announcement EQS News Service
(END) Dow Jones Newswires
February 14, 2019 06:47 ET (11:47 GMT)
