DJ Fix Price Group PLC comments on investors' questions about redomiciliation
Fix Price Group PLC (FIXP)
Fix Price Group PLC comments on investors' questions about redomiciliation
28-Nov-2023 / 09:50 MSK
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Fix Price Group PLC comments on investors' questions about redomiciliation
28 November 2023 - Fix Price Group PLC (LSE and MOEX: FIXP, AIX: FIXP.Y, "Fix Price", the "Company" or the "Group"),
one of the leading variety value retailers globally and the largest in Russia, acknowledges that it has received
questions and concerns from investors in the context of its upcoming redomiciliation to Kazakhstan.
Pursuant thereto, Fix Price confirms the position described in its press release of 9 October 2023, whereby it intends
to maintain its current Global Depositary Receipts (GDR) programme and its GDR listing on the London Stock Exchange,
Moscow Exchange and the Astana International Exchange following the proposed redomiciliation.
The Company confirms that it is not currently planning to buy back or exchange its GDRs.
Fix Price is also exploring possible options for paying out dividends to all shareholders, given the current regulatory
environment.
About FIX PRICE
Fix Price (LSE and MOEX: FIXP, AIX: FIXP.Y), 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 updated assortment of non-food goods, including personal care and household products, and food items at low
fixed price points.
As of 30 September 2023, Fix Price was operating 6,162 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 30 September 2023, the Company was
operating 12 DCs covering 80 regions of Russia and 8 neighbouring countries.
In 2022, the Company recorded revenue of RUB 277.6 billion, EBITDA of RUB 54.2 billion and net profit of RUB 21.4
billion, in accordance with IFRS.
Fix Price Investor Relations Fix Price Media Relations
Contacts Elena Mironova Ekaterina Goncharova
ir@fix-price.com pr@fix-price.ru
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ISIN: US33835G2057 Category Code: MSCU TIDM: FIXP LEI Code: 549300EXJV1RPGZNH608 OAM Categories: 2.2. Inside information Sequence No.: 287550 EQS News ID: 1782985 End of Announcement EQS News Service =------------------------------------------------------------------------------------
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(END) Dow Jones Newswires
November 28, 2023 01:50 ET (06:50 GMT)
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