DJ LSR Group announces the results of public irrevocable offer for its Series 001P-02 bonds
PJSC LSR Group (LSRG)
LSR Group announces the results of public irrevocable offer for its Series
001P-02 bonds
11-Nov-2020 / 14:30 CET/CEST
Dissemination of a Regulatory Announcement, transmitted by EQS Group.
The issuer is solely responsible for the content of this announcement.
LSR Group announces the results of public irrevocable offer for its Series
001P-02 bonds
St. Petersburg, Russia -11 November 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
results of its previously announced public irrevocable offer (the "Offer")
for its non-convertible interest-bearing certified exchange-traded Series
001P-02 bearer bonds.
As established in the Offer, an aggregate amount of the purchased bonds
could not exceed 3,333,333 units. The purchasing price could not exceed
103.41% of the outstanding part of the par value of the Series 001P-02
bonds. The Purchasing date was set on the 11 November 2020.
According to the results of the Offer, the Company today purchased in full
the presented exchange-traded Series 001P-02 bonds in the amount of 1 688
804 units.
The identification number of the issue is 4B02-02-55234-E-001P as of 20
April 2017 (ISIN RU000A0JXPM0).
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.: 87672
EQS News ID: 1147317
End of Announcement EQS News Service
1: https://eqs-cockpit.com/cgi-bin/fncls.ssp?fn=redirect&url=f69150ed01d3088b34284c75345c9309&application_id=1147317&site_id=vwd&application_name=news
(END) Dow Jones Newswires
November 11, 2020 08:30 ET (13:30 GMT)
