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Last Trade - 08/09/20

Market Cap £2.00bn
Enterprise Value £8.90bn
Revenue £6.04bn
Position in Universe 267th / 1807

JSFC Sistema - Acquisition of shares by members of the MB

Fri 1st July, 2016 4:40pm
RNS Number : 0507D
JSFC Sistema
01 July 2016

FOR IMMEDIATE RELEASE 1 July 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 managementof 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

Sistema is a publicly-traded diversified holding company in Russia and the CIS, which invests in and is a major shareholder of companies serving approximately 150 million customers in the sectors of telecommunications, high technology, pulp and paper, banking, retail, tourism and healthcare services. Founded in 1993, the Company reported revenues of RUB 708.6 billion for 2015, and total assets of RUB 1.3 trillion as at 31 December 2015. Sistema's global depository receipts are listed under the symbol "SSA" on the London Stock Exchange. Sistema's ordinary shares are listed under the symbol "AFKS" on the Moscow Exchange. Website:www.sistema.com


This information is provided by RNS
The company news service from the London Stock Exchange
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