Sistema PJSFC: Sistema announces decisions taken by AGM and the Board of Directors

Sistema PJSFC (SSA) 
Sistema PJSFC: Sistema announces decisions taken by AGM and the Board of 
Directors 
 
29-Jun-2020 / 09:40 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 announces decisions taken by AGM and 
 
            the Board of Directors 
 
Moscow, Russia - 29 June 2020 - Sistema PJSFC (hereinafter, "Sistema" or the 
 "Corporation") (LSE: SSA, MOEX: AFKS), a Russian public diversified holding 
company, is pleased to announce the results of the annual general meeting of 
                       shareholders (AGM), which took place on 27 June 2020. 
 
  The meeting was held as an online conference arranged for the presentation 
           of the company's annual performance results and for answering the 
                        shareholders' questions. The vote was held remotely. 
 
  The AGM passed a resolution to distribute RUB 1,254.5m in dividends for FY 
   2019 (RUB 0.13 per ordinary share or RUB 2.6 per GDR), which is 18% above 
         the dividends distributed for 2018. The list of persons entitled to 
                         dividends will be made on 16 July 2020. 
 
  The AGM elected the following members of the Board of Directors of Sistema 
                         PJSFC: 
 
  1) Vladimir Evtushenkov; 
 
  2) Anna Belova (as an independent director); 
 
  3) Andrey Dubovskov; 
 
  4) Felix Evtushenkov; 
 
  5) Ron Sommer; 
 
  6) Robert Kocharyan (as an independent director); 
 
  7) Roger Munnings (as an independent director); 
 
  8) Vladimir Chirakhov; 
 
  9) Anatoly Chubais (as an independent director); 
 
  10) Mikhail Shamolin; 
 
  11) Etienne Schneider (as an independent director); 
 
  12) David Iakobachvili (as an independent director). 
 
The AGM approved JSC Deloitte and Touche CIS as auditor of Sistema's RAS and 
                         IFRS financial statements for 2020. 
 
At the Board of Directors' meeting, which took place after the AGM, the 
Board members elected Vladimir Evtushenkov as Chair, and Anna Belova and 
Andrey Dubovskov as Deputy Chairs of the Board. 
 
      In line with the Corporation's commitment to the global sustainability 
    agenda, the Board of Directors approved the new Sustainability Policy of 
  Sistema PJSFC, which codifies the Corporation's approach to sustainability 
                         and responsible investment management. 
 
            *** 
 
      Sistema PJSFC is a Russian publicly-traded diversified holding company 
    serving over 150 million customers in the sectors of telecommunications, 
      high technology, banking, retail, timber processing, agriculture, real 
   estate, tourism and healthcare services. The company was founded in 1993. 
Its revenue in 2019 reached RUB 656.9bn; its total assets equalled RUB 1.3tn 
     as of 31 December 2019. 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 Moscow Exchange. Website: 
                         www.sistema.ru [1] 
 
            *** 
 
       For further information, please visit www.sistema.com [1] or contact: 
 
               IR Service             Press Service 
 
         Nikolay Minashin            Sergey Kopytov 
 
Phone: [phone] Phone: [phone] 
 
    [e-mail]        [e-mail] 
 
ISIN:          US48122U2042 
Category Code: ROM 
TIDM:          SSA 
LEI Code:      213800JSZ2UUK4QQK694 
Sequence No.:  72398 
EQS News ID:   1080715 
 
End of Announcement EQS News Service 
 
 
1: https://eqs-cockpit.com/cgi-bin/fncls.ssp?fn=redirect&url=f1efd490ef237092d4033512d119fe99&application_id=1080715&site_id=vwd&application_name=news 
 

(END) Dow Jones Newswires

June 29, 2020 02:40 ET (06:40 GMT)