DETSKY MIR THIS PRESS RELEASE AND INFORMATION CONTAINED HEREIN ARE NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, IN, INTO, OR TO ANY PERSON IN, ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OF THAT JURISDICTION.
19 July 2023, Moscow, Russia. Detsky Mir Group ("Detsky Mir", "PJSC Detsky Mir" or the "Company", MOEX: DSKY), a specialised retailer and the leader in the children's goods sector in Russia and Kazakhstan, informs that the share repurchase program at the auctions of PJSC Moscow Exchange in the trading mode "Redemption: Address orders" ends on 28th of July 2023.
The Company recaps that resident shareholders can sell their Shares at a price of 71.5 rubles per Share by submitting an order at PJSC Moscow Exchange in the trading mode "Redemption: Address orders". Repurchase of Shares from the shareholders of the Company under the share repurchase program at the auctions of PJSC Moscow Exchange.
The shareholders do not have to provide any documents confirming to the JSC "DMK" the correct calculation of Income Tax, since the respective tax is calculated by the broker, while selling Shares via broker in the "Redemption: Addressed Orders" trading mode. Moreover, proceeds from the sale of the Shares will be transferred to the brokerage account on the day the transaction.
At the same time, if the shareholders accept other offers under the share repurchase programs, namely: voluntary offers by LLC "DMI" or JSC "DMFA" received by PJSC Detsky Mir on May 29 and 30, 2023, respectively, they are advised to provide documents on tax residency to LLC "DMI" or JSC "DMFA".
For additional information:
Nikita Moroz
Investor Relations Director
Tel.: + 7 495 781 08 08, ext. 2315
NMoroz@detmir.ru
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Detskiy Mir PAO published this content on 19 July 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 19 July 2023 10:54:09 UTC.
