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SSAA - AFK Sistema PAO News Story

$5.34 0.0  0.0%

Last Trade - 08/09/20

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

Sistema PJSFC - Re legal claim against Sistema Group companies

Wed 3rd May, 2017 7:02am
RNS Number : 0063E
Sistema PJSFC
03 May 2017

Regarding legal claim against Sistema Group companies

Moscow, Russia - 3 May 2017 - Sistema PJSFC ("Sistema" or "the Company") (LSE: SSA, MOEX: AFKS), a publicly-traded diversified holding company operating primarily in Russia and the CIS, announces that at the time of publishing this press release, neither Sistema nor its subsidiary companies had received any documentation in connection with a claim filed by PJSOC Bashneft and/or Rosneft. Sistema will provide an update to the market following receipt of the relevant documents.

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 PJSFC is a publicly-traded diversified Russian holding company serving around 150 million customers in the sectors of telecommunications, retail, agriculture, paper and packaging, high technology, banking, real estate, pharmaceuticals, tourism and healthcare services. Founded in 1993, the Company reported revenues of RUB 697.7 billion for 2016 and total assets of RUB 1.1 trillion as at 31 December 2016. 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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