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Financial Corporation "Sistema"

May 16, 2011

Sistema subsidiary makes mandatory tender offer for 2.04% of MGTS ordinary shares

Moscow, Russia – November 15, 2010 – Sistema JSFC (LSE: SSA), the largest diversified public financial corporation in Russia and the CIS, which invests in, and is a major shareholder of, companies operating in different industries, today announced that
CJSC Sistema-Inventure, a wholly-owned subsidiary of Sistema JSFC, made a mandatory tender offer to acquire 1,625,691 ordinary shares of MGTS (representing 2.04% of ordinary shares) at a price of RUB 436.20 per share

 

 

 

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