Home  Issuers' Corner  Press Releases
CLOSE

Press Releases

company search
all press releases
all Financial Corporation "Sistema" press releases

Financial Corporation "Sistema"

February 10, 2016

Sistema JSFC to participate in additional share issue of MTS Bank

Moscow, 10 February 2016. – Sistema JSFC (LSE:SSA, hereinafter - Sistema), a diversified public holding company, announces that it has signed a legally binding agreement to acquire 2,641,957 ordinary shares of PJSC MTS Bank (hereinafter - MTS Bank), placed as part of an earlier approved additional issue, for a total consideration of RUB 3.7 billion.

As a result of the transaction, Sistema’s share in the capital of MTS Bank will increase from 69% to 70%.

 ***

For furtherinformation, please visit www.sistema.com or contact:

Investor Relations                                                      Public Relation 

Yulia Katukova                                                           Sergey Kopytov

Tel: +7 (495) 692 22 88                                              Tel.: +7 (495) 228 15 32

katukova@sistema.ru                                                  kopytov@sistema.ru     

 

 

 

Search by industry

Agriculture, Foresty and Fishing | Chemicals | Engineering | Ferrous Metals | Financial, Insurance & Real Estate | Food & Kindred Products | General Construction | Information Technology | Media & Publishing | Non-Ferrous Metals | Oil & Gas | Pharmaceuticals | Power Industry | Precious Metals and Diamonds | Telecommunications | Transportation | Wholesale & Retail Trade

Search by alpha index

A B C D F G H I K L M N O P R S T U V W X Z



Site Map
© RUSTOCKS.com
Privacy Statement | Disclaimer