DJ Fix Price Group Ltd.: Fix Price Group announces its incorporation in the Republic of Cyprus and discontinuation of its incorporation under the laws of the British Virgin Islands
Fix Price Group Ltd. (FIXP) Fix Price Group Ltd.: Fix Price Group announces its incorporation in the Republic of Cyprus and discontinuation of its incorporation under the laws of the British Virgin Islands 17-May-2022 / 11:02 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.
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Fix Price Group announces its incorporation in the Republic of Cyprus and discontinuation of its incorporation under the laws of the British Virgin Islands
17 May 2022 - Fix Price (LSE and MOEX: FIXP, the "Company" or the "Group"), one of the leading variety value retailers globally and the largest in Russia, announces its temporary registration in the Republic of Cyprus under the official company name "FIX PRICE GROUP PLC", with registration number HE 434185, and discontinuation of its incorporation under the laws of the British Virgin Islands.
About the Company
Fix Price (LSE and MOEX: FIXP), one of the leading variety value retailers globally and the largest in Russia, has helped its customers save money every day since 2007. Fix Price offers its customers a unique and constantly refreshed product assortment of non-food goods, personal care and household products and food items at low fixed price points.
As of 31 March 2021, Fix Price operates 5,083 Fix Price stores in Russia and neighbouring countries, all of them stocking approximately 2,000 SKUs across around 20 product categories. As well as its own private brands, Fix Price sells products from leading global names and smaller local suppliers. The Company operates 8 DCs covering 80 regions of Russia and 6 countries.
In 2021, the Company recorded revenue of RUB 230.5 billion, EBITDA of RUB 44.2 billion and net profit of RUB 21.4 billion, in accordance with IFRS.
Contacts
Fix Price Investor Relations Fix Price Media Relations Elena Mironova Ekaterina Lukina ir@fix-price.com elukina@fix-price.ru +7 495 902 50 00 (ext. 1918) +7 967 009 32 70 EM Dmitry Zhadan Peter Morley Ekaterina Shatalova zhadan@em-comms.com morley@em-comms.com shatalova@em-comms.com +7 916 770 8909 +43 676 684 5252 +7 915 321 8579
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ISIN: US33835G2XXX Category Code: MSCH TIDM: FIXP LEI Code: 549300EXJV1RPGZNH608 Sequence No.: 162275 EQS News ID: 1354445 End of Announcement EQS News Service =------------------------------------------------------------------------------------
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(END) Dow Jones Newswires
May 17, 2022 04:02 ET (08:02 GMT)
