Sistema PJSFC: Sistema announces results of AGM and Board of Directors meeting

Sistema PJSFC (SSA) 
Sistema PJSFC: Sistema announces results of AGM and Board of Directors 
meeting 
 
01-Jul-2019 / 09:55 MSK 
Dissemination of a Regulatory Announcement, transmitted by EQS Group. 
The issuer is solely responsible for the content of this announcement. 
 
      Sistema announces results of AGM and Board of Directors meeting 
 
Moscow, 1 July 2019 - Sistema PJSFC ("Sistema" or "the Corporation") (LSE: 
SSA, MOEX: AFKS), a Russian publicly traded diversified holding company, 
announces the results of its Annual General Meeting of shareholders (AGM) 
and a meeting of the Board of Directors, both of which took place on 29 June 
2019. 
 
The AGM approved the distribution of RUB 1,061.5 million, or RUB 0.11 per 
ordinary share (RUB 2.2 per GDR), in dividends for FY 2018. The dividend 
record date will be 18 July 2019. Dividends will be paid within 10 business 
days from this date. 
 
The AGM elected the Board of Directors of Sistema as follows: 
 
1. Vladimir Evtushenkov 
 
2. Anna Belova (as an independent director) 
 
3. Sergey Boev 
 
4. Andrey Dubovskov 
 
5. Felix Evtushenkov 
 
6. Ron Sommer 
 
7. Robert Kocharyan (as an independent director) 
 
8. Jeannot Krecké (as an independent director) 
 
9. Roger Munnings (as an independent director) 
 
10. Mikhail Shamolin 
 
11. David Iakobachvili (as an independent director) 
 
The AGM approved AO Deloitte and Touche CIS as the auditor of Sistema's IFRS 
and RAS financial statements for 2019. 
 
At the meeting of the Board of Directors following the AGM, Vladimir 
Evtushenkov was elected as Chairman of the Board of Directors and Anna 
Belova as Deputy Chairman. 
 
Commenting on the election of Anna Belova as Deputy Chairman of the Board of 
Directors, Sistema Board Chairman Vladimir Evtushenkov, said: "Anna Belova 
has a great deal of experience serving on the Boards of a number of 
companies. As an Independent Director of Sistema, she has consistently taken 
independent positions, in Board deliberations has insisted that a variety of 
strategic options are analysed and she has systematically advocated for the 
interests of the Corporation's minority shareholders. I look forward to 
continuing to work with Anna in her new role as the independent Deputy 
Chairman of the Sistema Board of Directors." 
 
      *** 
 
Sistema PJSFC is a publicly-traded diversified Russian holding company 
serving over 150 million customers in the sectors of telecommunications, 
high technology, financial services, retail, paper and packaging, 
agriculture, real estate, tourism and medical services. The company was 
founded in 1993. Revenue in 2018 was RUB 777.4 bn; total assets equalled RUB 
1.5 trn as of 31 December 2018. Sistema's global depositary receipts are 
listed under the "SSA" ticker on the London Stock Exchange. Sistema's 
ordinary shares are listed under the "AFKS" ticker on the Moscow Exchange. 
Website: www.sistema.com [1] 
 
                              *** 
 
   For further information, please visit www.sistema.com [1] or 
                                                       contact: 
 
Investor Relations      Public Relations 
Nikolai Minashin        Sergey Kopytov 
Tel: [phone] Tel.: [phone] 
[e-mail]   [e-mail] 
 
ISIN:          US48122U2042 
Category Code: MSCH 
TIDM:          SSA 
LEI Code:      213800JSZ2UUK4QQK694 
Sequence No.:  11847 
EQS News ID:   833367 
 
End of Announcement EQS News Service 
 
 
1: https://link.cockpit.eqs.com/cgi-bin/fncls.ssp?fn=redirect&url=8dbdb321a88e3508530119f5e3de64d2&application_id=833367&site_id=vwd&application_name=news 
 

(END) Dow Jones Newswires

July 01, 2019 02:55 ET (06:55 GMT)