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SSAA - AFK Sistema PAO News Story

$5.34 0.0  0.0%

Last Trade - 08/09/20

Market Cap £1.99bn
Enterprise Value £8.90bn
Revenue £6.06bn
Position in Universe 262nd / 1809

Sistema PJSFC - Sistema Annual Report 2016

Fri 28th April, 2017 5:50pm
RNS Number : 7811D
Sistema PJSFC
28 April 2017

FOR IMMEDIATE RELEASE 28 April 2017

Sistema Annual Report 2016

Moscow, Russia - April 28, 2017 - Sistema PJSFC ("Sistema" or the "Company", together with its subsidiaries, "the Group") (LSE: SSA, MOEX: AFKS), a publicly-traded diversified holding company operating primarily in Russia and the CIS, announces that its Annual Report for 2016, which includes the audited IFRS financial statements for the financial year ended December 31, 2016, has been submitted to the National Storage Mechanism and will be shortly available at www.morningstar.co.uk/uk/NSM.

The report is also available on the Company's website at http://www.sistema.com/investors-shareholders/presentations-and-annual-reports/.

For further information, please visit www.sistema.comor contact:

Investor Relations

Yuri Krebs

Tel: +7 (495) 730 66 00

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 over 100 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 697.7 billion for 2016, and total assets of RUB 1.1 trillion as at December 31, 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

The Company is not an investment company, and is not and will not be registered as such, under the U.S. Investment Company Act of 1940.

Some of the information in this press release may contain projections or other forward-looking statements regarding future events or the future financial performance of Sistema. You can identify forward looking statements by terms such as "expect," "believe," "anticipate," "estimate," "intend," "will," "could," "may" or "might" the negative of such terms or other similar expressions. We wish to caution you that these statements are only predictions and that actual events or results may differ materially. In addition, there is no assurance that the new contracts entered into by our subsidiaries referenced above will be completed on the terms contained therein or at all. We do not intend to update these statements to reflect events and circumstances occurring after the date hereof or to reflect the occurrence of unanticipated events. Many factors could cause the actual results to differ materially from those contained in our projections or forward-looking statements, including, among others, general economic conditions, our competitive environment, risks associated with operating in Russia, rapid technological and market change in our industries, as well as many other risks specifically related to Sistema and its operations.


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