PJSC LSR Group: Results of the Board of Directors Meeting

PJSC LSR Group (LSRG) 
PJSC LSR Group: Results of the Board of Directors Meeting 
 
29-Apr-2020 / 16:55 CET/CEST 
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The issuer is solely responsible for the content of this announcement. 
 
Results of the Board of Directors Meeting 
 
       St. Petersburg, Russia - 29 April 2020 - PJSC LSR Group ("LSR" or the 
     "Company") (LSE: LSRG; MOEX: LSRG), today reports on the results of the 
                    Board of Directors meetings held on 29 April 2020. 
 
     Igor Levit was elected Chairman of the Board of Directors, while Dmitri 
           Gontcharov was elected Deputy Chairman of the Board of Directors. 
 
               The following members were elected to the Board's committees: 
 
                    Audit Committee: 
 
  - Alexander Prysyazhnyuk, Chairman 
 
  - Aleksey Makhnev 
 
  - Vitaliy Podolskiy 
 
                    Human Resources and Compensations Committee: 
 
  - Vitaliy Podolskiy, Chairman 
 
  - Natalia Nikiforova 
 
  - Alexander Prysyazhnyuk 
 
                    Strategy and Investments Committee: 
 
  - Dmitri Gontcharov, Chairman 
 
  - Igor Levit 
 
  - Aleksey Makhnev 
 
  - Egor Molchanov 
 
  - Evgeny Yatsyshin 
 
The Board also approved the Company's revised Dividend Policy, now available 
   at https://www.lsrgroup.ru/en/investor-relations/corporate-documents [1]. 
 
                    For more information please contact: 
 
            Investor Relations           Media Relations 
 
                               LSR Group Press Service 
                               E-mail: [e-mail] 
 
                     Igor Tsoy 
 
Director of Investor Relations 
 
        E-mail: [e-mail] 
 
                    About LSR Group: 
 
  PJSC LSR Group is a real estate development and building materials company 
 founded in 1993 and operating in a number of complementary market segments. 
Its core business areas are production of building materials and real estate 
development and construction. LSR Group's main operations are located in St. 
Petersburg and Leningrad Region, Moscow and Moscow region and Yekaterinburg. 
As of 31 December 2019 (according to Knight Frank), the net sellable area of 
projects in LSR Group's real estate portfolio amounts to 7.6 million m2 with 
                    the market value of RUB 207 billion. 
 
   In accordance with its audited IFRS consolidated financial statements for 
    2019, LSR Group reported revenue of RUB110.4 billion, Adjusted EBITDA of 
                    RUB21.0 billion and Net Profit of RUB7.5 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 [2] 
 
ISIN:           US50218G2066 
Category Code:  MSCH 
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.:   61250 
EQS News ID:    1033153 
 
End of Announcement EQS News Service 
 
 
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(END) Dow Jones Newswires

April 29, 2020 10:55 ET (14:55 GMT)