Lenta Ltd. (LNTA;LNTR)
Lenta Ltd.: Offer closed
04-Jun-2019 / 16:30 CET/CEST
Dissemination of a Regulatory Announcement, transmitted by EQS Group.
The issuer is solely responsible for the content of this announcement.
FOR IMMEDIATE RELEASE
4 June 2019
Update on cash offer by Severgroup LLC for Lenta Ltd.
Offer Closed
The Lenta Directors note the announcement today by Severgroup that the Offer
closed at 1.00 p.m. on 4 June 2019, and is not capable of further
acceptance.
By 1.00 p.m. (London time) on 4 June 2019, Severgroup had received valid
acceptances under the Offer in respect of Lenta Securities which, when
aggregated with the other Lenta Securities in which Severgroup has an
interest (including the Lenta GDRs purchased from TPG and EBRD), carry in
aggregate approximately 78.73 per cent. of Lenta's voting rights.
As set out in the Offer Document, any valid acceptances received by
Severgroup after 21 May 2019 and on or before 4 June 2019 will (unless
already settled) be settled on or before 18 June 2019.
Full terms of the Offer are set out in the Offer Document, which is
available, subject to certain restrictions relating to persons resident in
Restricted Jurisdictions, on Lenta's website at
www.lentainvestor.com/en/investors.
Capitalised terms used but not otherwise defined in this announcement have
the meanings given to them in the Offer Document.
Enquiries:
Lenta
Albert Avetikov Tel: +7 812 363-28-44
Email: albert.avetikov@lenta.com
J.P. Morgan (Financial Adviser to Lenta)
Toby Radford Tel: +44 20 7134 7066
Email: toby.radford@jpmorgan.com
Vladimir Blinov Tel: +7 495 937 7310
Email: vladimir.e.blinov@jpmorgan.com
Further information
J.P. Morgan Securities plc ("J.P. Morgan"), is authorised by the PRA and
regulated by the FCA and the PRA in the United Kingdom. J.P. Morgan is
acting exclusively as financial adviser to Lenta and no one else in
connection with the Offer and will not regard any other person as its client
in relation to the Offer and will not be responsible to anyone other than
Lenta for providing the protections afforded to clients of J.P. Morgan or
its affiliates, or for providing advice in relation to the Offer or any
other matter referred to in this announcement.
This announcement is not intended to and does not constitute, or form part
of, an offer, invitation or the solicitation of an offer to purchase,
otherwise acquire, subscribe for, sell or otherwise dispose of any
securities, or the solicitation of any vote or approval in any jurisdiction,
pursuant to the Offer or otherwise, nor shall there be any sale, issuance or
transfer of securities of Lenta in any jurisdiction in contravention of
applicable law.
A copy of the Offer Document is available, subject to certain restrictions
relating to persons resident in Restricted Jurisdictions, on Lenta's website
at www.lentainvestor.com/en/investors. For the avoidance of doubt, the
contents of that website are not incorporated into and do not form part of
this announcement.
ISIN: US52634T2006, US52634T1016
Category Code: RTE
TIDM: LNTA;LNTR
LEI Code: 213800OMCE8QATH73N15
Sequence No.: 9059
EQS News ID: 819299
End of Announcement EQS News Service
(END) Dow Jones Newswires
June 04, 2019 10:31 ET (14:31 GMT)
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