Fix Price Group PLC: REGISTRATION OF AMENDMENTS TO THE MEMORANDUM AND ARTICLES OF ASSOCIATION
October 04, 2022 at 11:38 am EDT
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Fix Price Group PLC (FIXP)
Fix Price Group PLC: REGISTRATION OF AMENDMENTS TO THE MEMORANDUM AND ARTICLES OF ASSOCIATION
04-Oct-2022 / 18:36 MSK
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Fix Price Group plc announces registration of amendments to its Memorandum and Articles of Association
04October2022– Fix Price (LSE and MOEX: FIXP, the “Company” or the “Group”),one of the leading variety value retailers globally and the largest in Russia, announcesthatthe Registrar of Companies of the Republic of Cyprus has registeredtheamendments to the Company’s Memorandum and Articles of Associationapproved on 12 August 2022 by theExtraordinaryGeneralMeeting ofShareholders of the Company(the “Amendments”).
In accordance with the Listing Rule 14.3.6, electronic copyof theamendedMemorandum andArticles of Associationhasbeen submitted to the National Storage Mechanism andisavailable athttps://data.fca.org.uk/#/nsm/nationalstoragemechanism.
TheamendedMemorandum andArticles of Associationisalsoavailableonthe Company’s website at
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 30June 2022, Fix Price operated 5,267stores in Russia and neighbouring countries, all of them stocking approximately 2,000SKUs across around 20product 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 8DCs covering 80Russian regions and 6other countries.
In 2021, the Company recorded revenue of RUB230.5billion, EBITDA of RUB44.2billion and net profit of RUB21.4billion, in accordance with IFRS.
Fix Price Group PLC is one of Russia's leading convenience store operating groups. Net sales break down by activity as follows
- retail distribution (88.7%);
- wholesale distribution (11.3%).
At the end of 2022, products marketing is ensured through a network of 5,663 stores, divided between directly-owned stores (5,039) and franchised stores (624).
FIX PRICE GROUP PLC 
