O'KEY GROUP S.A.
O'KEY Group S.A. (OKEY)
O'KEY GROUP GDRs START TRADING ON MOSCOW EXCHANGE
14-Dec-2020 / 08:00 CET/CEST
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.
Press release
14 December 2020
O'KEY GROUP GDRs START TRADING ON MOSCOW EXCHANGE
O'KEY Group S.A. (LSE, MOEX: OKEY, the "Group" or the "Company"), one of
Russia's leading food retailers, today announces the start of trading of its
Global Depositary Receipts (the "GDRs") on Moscow Exchange. The GDRs trade
under the ticker "OKEY" and are included in Moscow Exchange's Level 1
quotation list.
Renaissance Capital is acting as market maker for the Group's GDRs on Moscow
Exchange. The Group will continue to maintain its primary listing on the
London Stock Exchange, where O'KEY's GDRs have traded since 2010.
Armin Burger, CEO of O'KEY Group, said:
"The listing of our GDRs on Moscow Exchange is an important milestone for
O'KEY that will expand the Company's investor base and boost the liquidity
of O'KEY's traded securities. We are pleased that our customers, who are
well acquainted with O'KEY and DA! brands, can now become our shareholders
by acquiring the Company's GDRs on the largest Russian stock exchange. O'KEY
Group continues to expand its business and maintain a strong financial
position on the back of a high-quality business model that leverages the
synergies of the next-generation O'KEY hypermarket format, modern DA!
discounters and one of the leading online food retail platforms in Russia.
Our team sees significant potential for further growth of the Group's
business and is committed to delivering shareholder value."
Oleg Viyugin, Chairman of the Supervisory Board of Moscow Exchange, said:
"This year, Moscow Exchange has attracted a dozen new listings from across
various sectors of the Russian economy. The emergence of these new issuers
is changing the structure of the Russian market, and increasing the share of
companies from non-extractives industries. Today, we are pleased to welcome
O'KEY, one of the largest food retailers in Russia, to Moscow Exchange. This
offers an additional opportunity for the more than eight million Russian
individual investors who trade on Moscow Exchange to further diversify their
portfolios. We wish O'KEY every success as a public company on Moscow
Exchange."
All materials published by the Group are available on its website,
okeygroup.lu.
For further information please contact:
For investors
Natalya Belyavskaya
Head of Investor Relations
+7 495 663 6677 ext. 266
Natalya.Belyavskaya@okmarket.ru
www.okeygroup.lu [1]
For media
Peter Morley
EM
+43 676 684 5252
morley@em-comms.com
ABOUT O'KEY GROUP
O'KEY Group S.A. (LSE, MOEX: OKEY, RAEX - 'ruA-') is one of the leading
grocery retailers in Russia, operating hypermarkets under the O'KEY brand
and discounters under the DA! brand.
As of September 30, 2020, the Group operated 182 stores across Russia (77
hypermarkets and 105 discounters) with total selling space of 591,352 square
meters. The company opened its first hypermarket in St. Petersburg in 2002
and has since demonstrated continuous growth. O'KEY was the first Russian
food retailer to launch e-commerce operations in St. Petersburg and Moscow,
offering a full range of hypermarket products for home delivery. The Group
has six e-commerce pick-up points in Moscow and six e-commerce pick-up
points in St. Petersburg. In 2015, the Group launched the first discount
chain in Russia under the DA! brand. The Group operates five distribution
centres in Russia - three in Moscow and two in St. Petersburg. The Group
employs more than 20,000 people.
In 2019, Group's revenue totalled RUB 165.1 billion, while EBITDA reached
RUB 14.1 billion and net income climbed to RUB 747 million.
The O'KEY shareholder structure is as follows: NISEMAX Co Ltd - 44.79%, GSU
Ltd - 29.52%, free float - 25.69%.
ABOUT MOSCOW EXCHANGE GROUP
Moscow Exchange Group operates Russia's main trading platform for equities,
bonds, derivative instruments, currencies, money market instruments and
commodities. The Group includes the central securities depository (National
Settlement Depository), and a clearing center (National Clearing Centre),
performing the functions of central counterparty on the markets, which
allows Moscow Exchange to offer its clients the full spectrum of trading and
post-trading services. Moscow Exchange held the initial public offering of
its shares on 15 February 2013 (ticker MOEX).
DISCLAIMER
These materials contain statements about future events and expectations that
are forward-looking statements. These statements typically contain words
such as 'expects' and 'anticipates' and words of similar import. Any
statement in these materials that is not a statement of historical fact is a
forward-looking statement that involves 2 known and unknown risks,
uncertainties and other factors which may cause our actual results,
performance or achievements to be materially different from any future
results, performance or achievements expressed or implied by such
forward-looking statements.
None of the future projections, expectations, estimates or prospects in this
announcement should be taken as forecasts or promises nor should they be
taken as implying any indication, assurance or guarantee that the
assumptions on which such future projections, expectations, estimates or
prospects have been prepared are correct or exhaustive or, in the case of
the assumptions, fully stated in this announcement. We assume no obligations
to update the forward-looking statements contained herein to reflect actual
results, changes in assumptions or changes in factors affecting these
statements.
ISIN: US6708662019
Category Code: MSCH
TIDM: OKEY
LEI Code: 213800133YYU23T4L791
Sequence No.: 89598
EQS News ID: 1154784
End of Announcement EQS News Service
1: https://eqs-cockpit.com/cgi-bin/fncls.ssp?fn=redirect&url=165d1384cdd074f733b492a43c94ae37&application_id=1154784&site_id=vwd&application_name=news(END) Dow Jones Newswires
December 14, 2020 02:00 ET (07:00 GMT)
