O'KEY Group S.A. (OKEY)
O'KEY Group S.A.: O'KEY Group announces key appointments of the third
quarter 2019
14-Oct-2019 / 15:45 CET/CEST
Dissemination of a Regulatory Announcement, transmitted by EQS Group.
The issuer is solely responsible for the content of this announcement.
Press release
14 October 2019
O'KEY GROUP ANNOUNCES KEY APPOINTMENTS OF THE THIRD QUARTER 2019
O'KEY Group S.A. (LSE: OKEY; RAEX - 'ruA-'), one of the leading Russian food
retailers, announces the key appointments in top management during the third
quarter. A new Marketing Director and Real Estate Director were appointed.
They report directly to the Group's CEO Armin Burger.
All materials published by the Group are available on its website
www.okeygroup.lu [1].
Appointment of Olga Surnina as Marketing Director
Olga Surnina was appointed as Marketing Director as of 15 August 2019. She
is responsible for all marketing activities within the Company.
Ms Surnina has 20 years of experience in marketing and communications as
well as brand and private label development. At the beginning of her career,
she was a marketing manager at global FMCG companies such as Procter &
Gamble and Henkel. In 2010, Olga took the position of Marketing Director at
Nokia International, South CIS. She led the development and implementation
of market strategies in the region and was responsible for corporate and
brand image building.
From 2016 to 2018, Olga held various leadership positions in operational
marketing at Magnit. She was the Head of the Promotion Planning division and
was responsible for developing and implementing marketing plans for all
chain formats: hypermarkets, supermarkets, and discounters. She then took
the position of Head of Private Label Own Production at Magnit. There, she
was responsible for developing the assortment and launching new
private-label products and brands as well as managing new traffic-generation
programs for the chain's Fresh category and private labels.
Olga Surnina received a Master's degree in economics from KIMEP University
(Almaty).
Appointment of Tatyana Bukanova as Real Estate Director
Tatyana Bukanova was appointed as Real Estate Director as of 2 October 2019.
She is responsible for all matters relating to the Group's real estate,
including expansion, construction, maintenance, and lease while also
managing the Non-Commercial Purchasing Department.
Tatyana Bukanova began her career in 1996 as Head of Legal and Compliance at
Credit Suisse First Boston. In 1999, she became General Director of Cable
and Wireless CIS. From 2008 to 2009, Tatyana was the Associate General
Counsel at Alshaya Group, which operates Starbucks, Mothercare and Next.
Prior to joining O'KEY, Tatyana was an executive manager with IKEA Russia
for over seven years. She managed all the legal aspects of IKEA's business
in Russia and was responsible for shopping center management and a wide
range of real estate matters, including lease, land acquisition,
construction, and operation.
Tatyana Bukanova graduated from the Moscow State Institute of International
Relations (MGIMO) with a degree in international law.
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 14 October 2019, the Group operates 166 stores across Russia (78
hypermarkets and 88 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:
Alla Golovatenko
PR-manager
+7 495 663 6677 ext. 496
alla.golovatenko@okmarket.ru
www.okmarket.ru [2]
ISIN: US6708662019
Category Code: MSCM
TIDM: OKEY
LEI Code: 213800133YYU23T4L791
Sequence No.: 23348
EQS News ID: 889869
End of Announcement EQS News Service
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(END) Dow Jones Newswires
October 14, 2019 09:45 ET (13:45 GMT)
