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Financial Corporation "Sistema"

July 1, 2016

Acquisition of Sistema shares by members of the Management Board

Moscow, Russia – July 1, 2016 – Sistema JSFC (“Sistema” or “the Company”) (LSE: SSA, MOEX: AFKS), a publicly-traded diversified holding company operating primarily in Russia and the CIS, announces that members of the Company’s Management Board have acquired Sistema ordinary shares. Details on the acquisitions are as follows:

Name and position

Number of shares acquired

Share of Sistema owned following the acquisition

Mikhail Shamolin, President

3,464,100

0.2305%

Elena Vitchak, Vice President, Head of Human Resources

338,000

0.0318%

Evgeniy Chuikov, Vice President, Head of Corporate Communications

1,293,300

0.0242%

The shares were acquired as part of the previously announced programme for senior management of the Company to participate in the share capital of Sistema, whereby heads of Sistema's functional subdivisions are required to invest a part of their total annual income in the Company's shares.  

For further information, please visit www.sistema.com or contact: 

Investor Relations

Yuri Krebs

Tel: +7 (495) 7306600

y.krebs@sistema.ru

Public Relations

Sergey Kopytov

Tel.: +7 (495) 228 15 32

kopytov@sistema.ru

 

 

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