Moscow, Russia – 19 September 2017 – Sistema PJSFC (“Sistema” or “the Corporation”) (LSE: SSA, MOEX: AFKS), a publicly traded diversified Russian holding company, announces that today the Corporation filed an appeal against the ruling of the Arbitration Court of the Republic of Bashkortostan dated August 30, 2017 on the claim of Rosneft, PJSOC Bashneft (“Bashneft”) and the Republic of Bashkortostan to recover from the Corporation and its subsidiary Sistema-Invest JSC losses allegedly incurred by Bashneft as a result of its reorganization in 2014.
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For further information, please visit www.sistema.ru or contact:
IR Service
Yury Krebs
Tel.: +7 (495) 730 66 00
y.krebs@sistema.ru |
Press service
Sergey Kopytov
Tel.: +7 (495) 228 15 32
kopytov@sistema.ru |
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