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O'KEY Group S.A. (OKEY)
O'KEY Group S.A.: Response to press publications
12-Apr-2019 / 11:15 CET/CEST
Dissemination of a Regulatory Announcement that contains inside information
according to REGULATION (EU) No 596/2014 (MAR), transmitted by EQS Group.
The issuer is solely responsible for the content of this announcement.
12 April 2019
RESPONSE TO PRESS PUBLICATIONS
O'KEY Group S.A. (LSE: OKEY; RAEX - 'ruA-') responses to press publications.
All materials published by the Group are available on its website
www.okeyinvestors.ru [1].
The Board of O'KEY Group S.A. (the "Company") notes the recent press
coverage and confirms that it is evaluating various directions for
development and strategic options for the Company's hypermarket business,
including an indication of interest in this business from Sberbank.
This evaluation is at a preliminary stage and no definitive proposals or
decisions have been made.
Further announcements will be made if and when appropriate.
OVERVIEW
O'KEY Group S.A. (LSE: OKEY, RAEX - 'ruA-') operates under two main formats:
hypermarkets under the 'O'KEY' brand and discounters under the 'DA!' brand.
As at 12 April 2019, the Group operates 162 stores across Russia (78
hypermarkets and 84 discounters). The Group opened its first hypermarket in
St. Petersburg in 2002 and has since demonstrated continuous growth. O'KEY
is the first among Russian food retailers to launch and actively develop
e-commerce operations in St. Petersburg and Moscow, offering a full range of
hypermarket products for home delivery. The Group operates six e-commerce
pick-up points in Moscow and six e-commerce pick-up points in St.
Petersburg. The Group operates four distribution centres across the Russian
Federation - two in Moscow and two in St. Petersburg. As at 31 December 2018
the Group employs more than 20,000 people.
For the full year 2018, revenue totalled RUB 161,303,411 thousand, EBITDA
reached RUB 8,644,008 thousand, and net loss for the period amounted to RUB
599,755 thousand.
The O'KEY shareholder structure is as follows: NISEMAX Co Ltd - 44.79%, GSU
Ltd - 29.52%, free float - 25.69%.
DISCLAIMER
These materials contain statements about future events and expectations that
are forward-looking statements. These statements typically contain words
such as 'expects' and 'anticipates' and words of similar import. Any
statement in these materials that is not a statement of historical fact is a
forward-looking statement that involves known and unknown risks,
uncertainties and other factors which may cause our actual results,
performance or achievements to be materially different from any future
results, performance or achievements expressed or implied by such
forward-looking statements.
None of the future projections, expectations, estimates or prospects in this
announcement should be taken as forecasts or promises nor should they be
taken as implying any indication, assurance or guarantee that the
assumptions on which such future projections, expectations, estimates or
prospects have been prepared are correct or exhaustive or, in the case of
the assumptions, fully stated in this announcement.
We assume no obligations to update the forward-looking statements contained
herein to reflect actual results, changes in assumptions or changes in
factors affecting these statements.
For further information please contact:
Anton Farlenkov
Corporate development director
+7 919 777 02 20
Anton.Farlenkov@okmarket.ru
www.okeyinvestors.ru [2]
Veronika Kryachko
Head of Investor Relations
+7 495 663 6677 ext. 404
Veronika.Kryachko@okmarket.ru
www.okeyinvestors.ru [2]
ISIN: US6708662019
Category Code: MSCH
TIDM: OKEY
LEI Code: 213800133YYU23T4L791
Sequence No.: 8190
EQS News ID: 799407
End of Announcement EQS News Service
1: https://link.cockpit.eqs.com/cgi-bin/fncls.ssp?fn=redirect&url=7ad441f560aab3ddab6cb6992a455cc5&application_id=799407&site_id=vwd&application_name=news
2: https://link.cockpit.eqs.com/cgi-bin/fncls.ssp?fn=redirect&url=84b74359656d56d98d524fc5103bc088&application_id=799407&site_id=vwd&application_name=news
(END) Dow Jones Newswires
April 12, 2019 05:15 ET (09:15 GMT)
