DJ Fix Price Group PLC: THE MERGER OF KOLMAZ HOLDINGS LTD
Fix Price Group PLC (FIXP) Fix Price Group PLC: THE MERGER OF KOLMAZ HOLDINGS LTD 05-Oct-2022 / 18:00 MSK Dissemination of a Regulatory Announcement that contains inside information in accordance with the Market Abuse Regulation (MAR), transmitted by EQS Group. The issuer is solely responsible for the content of this announcement.
-----------------------------------------------------------------------------------------------------------------------
fix price group plc announces the merger of Kolmaz Holdings Ltd
5 October 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 that the Company has merged with its subsidiary Kolmaz Holdings Ltd. (registration number HE 197237, hereinafter "Kolmaz"). As a result of the merger, Kolmaz ceased to exist and the Company became its successor.
About the Company
Fix Price (LSE and MOEX: FIXP), one of the leading variety value retailers globally and the largest in Russia, has been
helping 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 30 June 2022, Fix Price operated 5,267 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. As of June 2022, the Company operated 8 DCs covering 80
Russian regions and 6 other 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 Charushina
ir@fix-price.com echarushina@fix-price.ru
-----------------------------------------------------------------------------------------------------------------------
ISIN: US33835G2XXX Category Code: MSCH TIDM: FIXP LEI Code: 549300EXJV1RPGZNH608 Sequence No.: 192704 EQS News ID: 1457697 End of Announcement EQS News Service =------------------------------------------------------------------------------------
Image link: https://eqs-cockpit.com/cgi-bin/fncls.ssp?fn=show_t_gif&application_id=1457697&application_name=news
(END) Dow Jones Newswires
October 05, 2022 11:00 ET (15:00 GMT)
