PJSC 'Novorossiysk Commercial Sea Port' (NCSP)
NCSP Group introduces measures to fight COVID-19
13-Apr-2020 / 10:39 MSK
Dissemination of a Regulatory Announcement, transmitted by EQS Group.
The issuer is solely responsible for the content of this announcement.
NCSP Group introduces measures to fight COVID-19
April 13, 2020
NCSP Group (LSE: NCSP, MOEX: NMTP) hereby informs, that PJSC NCSP together
with its subsidiaries and affiliates coordinates the work of Emergency
Response Centres to prevent the spread of coronavirus infection (COVID-19).
A set of urgent measures have been adopted, including:
? Ongoing activities to monitor the health of our employees;
? remote work of some staff with full pay;
? restriction on visiting NCSP Group's facilities;
? provision of personal protective equipment for employees;
? disinfection of work and production areas, vehicles and equipment;
? cancellation of all international and interregional business trips;
? cancellation of all scheduled public and sports events.
The Group's facilities have stoked up with disinfectants and related
materials, including sanitizers, disposable gloves and masks.
Instructions have been developed on how the port's staff should deal with
patients who have symptoms of acute respiratory virus infection.
All cargo handling operations at NCSP Group terminals are carried out as
usual.
NCSP Group is the largest port operator in Russia by cargo turnover. Its
controlling shareholder (62%) is PJSC Transneft.
NCSP Group is traded on Moscow Exchange (NMTP) and London Stock Exchange as
global depositary receipts (NCSP). NCSP Group's cargo turnover in 2019
amounted to 142.5 million tons. The Group's consolidated revenue as per IFRS
totaled USD 951 million in 2018. NCSP Group is comprised of PJSC
Novorossiysk Commercial Sea Port, Primorsk Trade Port LLC, JSC Novorossiysk
Ship Repair Yard, JSC NCSP Fleet, JSC NLE, IPP LLC, Baltic Stevedore Company
LLC, and JSC SFP. PJSC NCSP and PJSC Transneft own NCS LLC on a parity
basis.
For more information, please contact:
For press: MSidorov@ncsp.com
ISIN: US67011U2087
Category Code: MSCM
TIDM: NCSP
LEI Code: LEIA0010014976
Sequence No.: 57971
EQS News ID: 1020661
End of Announcement EQS News Service
(END) Dow Jones Newswires
April 13, 2020 03:39 ET (07:39 GMT)
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