Sistema PJSFC: Sistema reports acquisition of shares under buyback programme
December 20, 2021 at 11:06 am EST
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Sistema PJSFC (SSA)
Sistema PJSFC: Sistema reports acquisition of shares under buyback programme
20-Dec-2021 / 19:05 MSK
Dissemination of a Regulatory Announcement, transmitted by EQS Group.
The issuer is solely responsible for the content of this announcement.
Moscow, December 20, 2021 - Sistema PJSFC ("Sistema" or the "Company") (LSE: SSA, MOEX: AFKS), a publicly traded Russian investment company, announces that its wholly-owned subsidiary Sistema Finance JSC ("Sistema Finance") acquired 8 863 700 of the Company's ordinary shares (ISIN: RU000A0DQZE3) under the Company's buyback programme that will be carried out till 17 September 2022 (the "Programme"). The shares were purchased on Moscow Exchange (MOEX) by the broker on behalf of Sistema Finance and transferred to Sistema Finance. Aggregated information:
Date(s) of purchase by the broker on MOEX
Date(s) of shares transfer to Sistema Finance
Number of shares purchased
VWAP of shares purchased, RUB
09.12.2021
13.12.2021
1 701 400
23,37
10.12.2021
14.12.2021
1 744 700
22,88
13.12.2021
15.12.2021
1 795 000
22,27
14.12.2021
16.12.2021
1 857 400
21,41
15.12.2021
17.12.2021
1 765 200
22,60
Sistema was notified of the acquisition by Sistema Finance on December 20, 2021. Since the beginning of the Programme Sistema Finance has acquired 289 268 171 ordinary shares.
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Sistema PJSFC is a publicly traded Russian investment company with a diversified portfolio of assets serving over 150 million customers in the sectors of telecommunications, high technology, financial services, retail, paper and packaging, agriculture, real estate, tourism and medical services. The company was founded in 1993. Revenue in 2020 was RUB 691.6 billion; total assets equalled RUB 1.4 trillion as of 31 December 2020. Sistema's global depositary receipts are listed under the "SSA" ticker on the London Stock Exchange. Sistema's ordinary shares are listed under the "AFKS" ticker on the Moscow Exchange. Website: www.sistema.com.
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For further information, please visit www.sistema.com or contact:
This document does not constitute or form part of any offer or invitation to sell or issue, or any solicitation of any offer to purchase or subscribe for, any shares or other securities of PJSFC Sistema and/or any of its subsidiaries and affiliated companies, nor shall any part of it nor the fact of its distribution form part of or be relied on in connection with any contract or investment decision relating thereto, nor does it constitute a recommendation regarding the shares or securities of PJSFC Sistema and/or any of its subsidiaries and affiliated companies.
Sistema PJSFC is a diversified group organized around 4 sectors of activity:
- telecommunications (71% of sales): fixed and mobile telephone, data transmission, Internet access, TV program broadcasting, etc.;
- production of wood and paper products (10% ): plywood, paper sacks, sawn timber, etc.;
- medical services (3.6%);
- other (15.4%): sale of agricultural products, financial services, real estate development, oil production and distribution, production of pulp and paper, distribution of pharmaceutical products, tour organization, petrochemistry, manufacturing of electronic products, computer system integration, and software etc.
Russia accounts for 89.1% of net sales.