Sistema PJSFC: Sistema reports acquisition of shares under buyback programme

Sistema PJSFC (SSA) 
Sistema PJSFC: Sistema reports acquisition of shares under buyback programme 
 
07-Oct-2019 / 18:00 MSK 
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. 
 
      Sistema reports acquisition of shares under buyback programme 
 
   Moscow, 7 October 2019 - Sistema PJSFC ("Sistema" or the "Company") (LSE: 
    SSA, MOEX: AFKS), a publicly traded diversified Russian holding company, 
    announces that its wholly-owned subsidiary Sistema Finance JSC ("Sistema 
        Finance") acquired 7,639,300 of the Company's ordinary shares (ISIN: 
   RU000A0DQZE3) pursuant to the buyback programme announced on 17 September 
 2019 (the "Programme"). The shares were purchased on Moscow Exchange (MOEX) 
       by the broker on behalf of Sistema Finance between 26 September and 2 
   October 2019 and subsequently transferred to Sistema Finance on 4 October 
             2019. 
 
             Aggregated information: 
 
 Date(s) of purchase by   Number of shares     VWAP of shares 
   the broker on MOEX         purchased       purchased , RUB 
       26.09.2019             1,116,700            12.88 
       27.09.2019             1,187,000            12.83 
       30.09.2019             1,230,000            12.78 
       01.10.2019             1,593,200            12.77 
       02.10.2019             2,512,400            12.52 
 
     Sistema was notified of the acquisition by Sistema Finance on 7 October 
             2019. 
 
Since the beginning of the Programme Sistema Finance has acquired 32,358,700 
             ordinary shares. 
 
      *** 
 
    Sistema 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] 
 
This document does not constitute or form part of any offer or invitation to 
    sell or issue, or any solicitation of any offer to purchase or subscribe 
      for, any shares or other securities of PJSFC Sistema and/or any of its 
subsidiaries and affiliated companies, nor shall any part of it nor the fact 
     of its distribution form part of or be relied on in connection with any 
  contract or investment decision relating thereto, nor does it constitute a 
   recommendation regarding the shares or securities of PJSFC Sistema and/or 
             any of its subsidiaries and affiliated companies. 
 
ISIN:          US48122U2042 
Category Code: POS 
TIDM:          SSA 
LEI Code:      213800JSZ2UUK4QQK694 
Sequence No.:  22633 
EQS News ID:   886457 
 
End of Announcement EQS News Service 
 
 
1: https://link.cockpit.eqs.com/cgi-bin/fncls.ssp?fn=redirect&url=f1efd490ef237092d4033512d119fe99&application_id=886457&site_id=vwd&application_name=news 
 

(END) Dow Jones Newswires

October 07, 2019 11:00 ET (15:00 GMT)