PJSC LSR Group (LSRG)
PJSC LSR Group: LSR Group announces the Expiration of the Term for the
Submission of the Offers for its exchange-traded Series 001P-05 bonds
23-Oct-2019 / 16:40 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.
LSR Group announces the Expiration of the Term for the Submission of the
Offers for its exchange-traded Series 001P-05 bonds
St. Petersburg, Russia - 23 October 2019 - PJSC LSR Group ("LSR" or the
"Company") (LSE: LSRG; MOEX: LSRG), one of the leading real estate
developers and building materials producers in Russia, today announces the
expiration of the term for the submission of the offers from potential
acquirers of its non-convertible interest-bearing certified exchange-traded
Series 001P-05 bearer bonds subject to mandatory centralised custody, to be
placed under the programme of the exchange-traded bonds Series 001P with the
identification number 4-55234-?-001P-02E as of 14 September, 2016 (ISIN not
assigned).
The term for the submission of the offers from potential acquirers to
execute the preliminary agreements has expired on 23 October, 2019 at 3 PM
Moscow time.
For more information please contact:
Investor Relations Media Relations
LSR Group Press Service
E-mail: press@lsrgroup.ru
Igor Tsoy
Director of Investor Relations
E-mail: IR@lsrgroup.ru
About LSR Group:
PJSC LSR Group is one of Russia's leading residential real estate developers
and building materials producers. Founded in 1993, the business of LSR Group
is concentrated in the five largest regions of Russia - Moscow, St.
Petersburg, Yekaterinburg, the Leningrad and Moscow regions. The main
business areas of the Company are real estate development and construction
and production of building materials. LSR Group carries out projects in all
segments of residential real estate market: mass market, business and elite.
In accordance with its audited IFRS consolidated financial statements for
2018, LSR Group had revenue of RUB146.4 billion, Adjusted EBITDA of RUB36.4
billion and Net Profit of RUB16.2 billion. As of 31 December 2018 (according
to Knight Frank), the net sellable area of projects in LSR Group's real
estate portfolio amounted to 7.8 million m2 with a market value of RUB186
billion.
Ordinary shares of the Company are traded on the Moscow Exchange (MOEX:
LSRG) and GDRs representing its ordinary shares are traded on the London
Stock Exchange (LSE: LSRG).
www.lsrgroup.ru [1]
ISIN: US50218G2XXX
Category Code: IOD
TIDM: LSRG
LEI Code: 25340067LEEMJ79K8X43
OAM Categories: 3.1. Additional regulated information required to be
disclosed under the laws of a Member State
Sequence No.: 24410
EQS News ID: 895099
End of Announcement EQS News Service
1: https://link.cockpit.eqs.com/cgi-bin/fncls.ssp?fn=redirect&url=f69150ed01d3088b34284c75345c9309&application_id=895099&site_id=vwd&application_name=news
(END) Dow Jones Newswires
October 23, 2019 10:40 ET (14:40 GMT)
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