DJ LSR Group announces pricing of public irrevocable offer for its Series 001P-01 bonds
PJSC LSR Group (LSRG)
LSR Group announces pricing of public irrevocable offer for its Series
001P-01 bonds
28-Oct-2020 / 13:20 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 pricing of public irrevocable offer for its Series
001P-01 bonds
St. Petersburg, Russia -28 October 2020 - 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
pricing of its previously announced public irrevocable offer for its
non-convertible interest-bearing certified exchange-traded Series 001P-01
bearer bonds in an aggregate amount of up to 5,000,000 bonds. The issuance
is subject to mandatory centralized custody, placed under the programme of
the exchange-traded bonds (the "Exchange-traded bonds").
The purchase price was set at 103.06% of the outstanding part of the par
value of the Series 001P-01 bonds and it was determined in accordance with
the procedure established in the public irrevocable offer. The outstanding
portion of the par value as at the Purchase Date is amounted to RUB 400. An
accrued coupon is paid simultaneously with the purchase price. The Purchase
Date is set on October 30, 2020.
The identification number of the issue is 4B02-01-55234-E-001P as of 22
September 2016 (ISIN RU000A0JWU98).
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 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 [1]
ISIN: US50218G2066
Category Code: MSCL
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.: 86743
EQS News ID: 1143619
End of Announcement EQS News Service
1: https://eqs-cockpit.com/cgi-bin/fncls.ssp?fn=redirect&url=f69150ed01d3088b34284c75345c9309&application_id=1143619&site_id=vwd&application_name=news
(END) Dow Jones Newswires
October 28, 2020 08:20 ET (12:20 GMT)
