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EquityStory.RS, LLC-News: PJSC MegaFon / Key word(s): Statement
PJSC MegaFon: Resolutions taken by the Board of Directors
2019-03-20 / 18:08 MSK
The issuer is solely responsible for the content of this announcement.
*Resolutions taken by the Board of Directors *
*Moscow, Russian Federation (20 March 2019)* - *Public Joint Stock Company
"MegaFon" (MoEx: MFON), a pan-Russian operator of digital opportunities
("MegaFon" or the "Company"), announces that the Company's Board of
Directors took the following actions at a meeting held on 19 March 2019:*
1. To approve the acquisition of a 100% stake in Neosprint Spb LLC, an
operator that owns a frequency band in 3.4-3.6 GHz spectrum in St.
Petersburg;
2. To approve the new edition of the Company's Compliance Policy; and
3. To approve the fees payable to the Company's auditor for 2019 in the
amount of up to RUB 60 million.
For More Information:
PJSC MegaFon
Investors: Dmitry Kononov
Director for Investor Relations and M&A Tel: + 7 926 200 6490
dkononov@megafon.ru
Media: Artem Lebedev
Director for Corporate Communications Tel: +7 925 696 0677
artem.lebedev@megafon.ru
*Notes to Editors*
_MegaFon PJSC _is a leading Russian integrated telecommunication service
provider, operating in all segments of the telecommunications markets in
Russia, and in the Republics of Abkhazia, South Ossetia and Tajikistan.
MegaFon is a recognized market leader in the provision of mobile data
services, was the first operator in Russia to launch commercial operation of
a third generation (3G) network and was the first operator in the world to
launch commercial operation of an LTE-Advanced (4G) data network. MegaFon is
traded on the Moscow Exchange under the symbol MFON. Additional information
about MegaFon and the products and services provided by MegaFon can be found
at: http://www.megafon.ru [1]
*Cautionary Statement Regarding Forward Looking Statements *
Some of the information in this document may contain or refer to projections
or other forward-looking statements regarding future events or the future
financial performance of the Company. You can identify forward looking
statements by terms such as "expect", "believe", "anticipate", "estimate",
"forecast", "intend", "will", "could", "may", or "might" the negative of
such terms or other similar expressions. The Company wishes to caution you
that these statements are only predictions, and are based upon various
assumptions which are inherently subject to significant uncertainties and
contingencies which are difficult or impossible to predict and are beyond
our control. We may not achieve or accomplish these plans or predictions.
The Company does not necessarily intend to update these statements to
reflect events and circumstances occurring after the date hereof or to
reflect the occurrence of unanticipated events. Many factors could cause the
actual results to differ materially from those contained in projections or
forward-looking statements of the Company, including, among others, general
economic conditions, the competitive environment, risks associated with
operating in Russia, rapid technological and market change in the industries
in which the Company operates, as well as many other risks specifically
related to the Company and its business and operations.
*Statement Regarding Inside Information*
_Some of the information in this document may be inside information. The
subject matter, the identity of the issuer, the identity of the persons
making the notification and their titles, and the date and time of the
notification are all as set forth above._
2019-03-20 MSK Dissemination of a Corporate News, transmitted by
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The issuer is solely responsible for the content of this announcement.
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789911 2019-03-20 MSK
1: https://link.cockpit.eqs.com/cgi-bin/fncls.ssp?fn=redirect&url=ef92790d0a6b4db8448eeb56ca25d5c2&application_id=789911&site_id=vwd&application_name=news
(END) Dow Jones Newswires
March 20, 2019 11:08 ET (15:08 GMT)
