REG-O'KEY Group S.A. O`KEY GROUP’S GLOBAL DEPOSITARY RECEIPTS TO TRADE ON ASTANA INTERNATIONAL EXCHANGE

O'Key SAAnnouncement

17/03/2023 11:15

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   O'KEY Group S.A. (OKEY)
   O`KEY GROUP’S GLOBAL DEPOSITARY RECEIPTS TO TRADE ON ASTANA INTERNATIONAL
   EXCHANGE

   17-March-2023 / 12:15 CET/CEST
   The issuer is solely responsible for the content of this announcement.

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   Press release

   17 March 2023
    

   O`KEY GROUP’S GLOBAL DEPOSITARY RECEIPTS TO TRADE ON ASTANA INTERNATIONAL
                                    EXCHANGE

                                        

   O`KEY Group S.A. (LSE, MOEX: OKEY,  the “Group” or the “Company”), one  of
   Russia’s largest food retailers,  announces that the Astana  International
   Exchange (AIX) has approved the listing of its global depositary  receipts
   (“GDRs”). The Group's GDRs have been admitted to the quotation list in the
   main market segment and will start to trade under the ticker “OKEY” on  20
   March 2023.

    

    

   All materials  published  by  the  Group  are  available  on  its  website
   at  1 www.okeygroup.lu.

    

   O`KEY Group’s  GDRs  are to  start  trading on  the  Astana  International
   Exchange on 20 March 2023 at 11:30 am, Astana time.

   The Group intends  to keep both  its primary listing  on the London  Stock
   Exchange, which it has  had since November  2010 2  1 , and its  secondary
   listing on the Moscow Exchange, where its GDRs have traded since  December
   2020.

   O`KEY Group does not plan to issue  new shares in connection with its  AIX
   listing.

    

   Armin Burger, CEO of O`KEY Group commented:

   “We  are  grateful  to  the   Astana  International  Exchange  for   their
   cooperation and the opportunity to list our GDRs. This step is intended to
   increase the liquidity  of our  stock further and  diversify the  investor
   base. It is a  part of a  long-term strategy to  appeal to individual  and
   institutional investors from Russia and abroad.

   In 2022, we continued to strengthen all pillars of O`KEY Group's  business
   model, developing  both modern  O’KEY  hypermarkets and  fast-growing  DA!
   discounters.

   We expect that  the listing of  O’KEY Group GDRs  on Astana  International
   Exchange will provide access  to the capital  of the fast-growing  grocery
   retailer to a wider range of investors and will allow us to share with the
   shareholders our sustainable and long-term success.”

    

    

    

   For more information, please contact: 

    

   Natalya Belyavskaya

   Head of Investor Relations

   +7 495 663 6677 ext. 266

   natalya.belyavskaya@okmarket.ru

   www.okeygroup.lu

    
    

    

   ABOUT ASTANA INTERNATIONAL EXCHANGE (AIX)

   AIX was formed in  2017 within the  Astana International Financial  Centre
   development framework.  AIX  shareholders  are AIFC,  the  Shanghai  stock
   exchange, the Silk  Road Fund,  and NASDAQ,  which also  provides the  AIX
   trading platform. The  exchange operates within  a regulatory  environment
   based on  the  principles  of  English  Law,  thus  providing  a  reliable
   investment environment. The mission of AIX is to develop an active capital
   market in  Kazakhstan and  the  region by  providing clear  and  favorable
   conditions for attracting financing to private and public businesses.  AIX
   develops special segments for mining  companies as well as  infrastructure
   projects under the Belt and Road initiative. More details:  3 www.aix.kz.

   The  Astana  International  Financial  Centre  (AIFC)  is  an  independent
   jurisdiction that  started  operations in  2018.  In accordance  with  the
   Development Strategy  until  2025,  the  key  focus  of  the  AIFC  is  to
   consolidate as a universal platform connecting the countries of the  EAEU,
   Central Asia and the Caucasus. More details:  4 www.aifc.kz.

    

   ABOUT O`KEY GROUP

   O`KEY Group S.A. (LSE, MOEX: OKEY) is one of the leading grocery retailers
   in Russia, operating  hypermarkets under the  O`KEY brand and  discounters
   under the DA! brand.

   As of 31 December  2022, the Group operated  273 stores across Russia  (79
   hypermarkets and 194 discounters)  with a total  selling space of  656,224
   square meters. The Company opened its first hypermarket in St.  Petersburg
   in 2002 and has since demonstrated continuous growth. O`KEY was the  first
   Russian food retailer  to launch e-commerce  operations in St.  Petersburg
   and Moscow,  offering  a  full  range of  hypermarket  products  for  home
   delivery. The  Group has  nine  e-commerce pick-up  points in  Moscow  and
   seventeen e-commerce pick-up points in St. Petersburg. In 2015, the  Group
   launched the first discount chain in Russia under the DA! brand. The Group
   operates five distribution centres in Russia – three in Moscow and two  in
   St. Petersburg. The Group employs more than 22,000 people.

   In 2021,  Group’s revenue  amounted  to RUB  187.1 billion,  while  EBITDA
   reached RUB 15.5 billion.

   The O`KEY Group  shareholder structure  is as  follows: NISEMAX  Co Ltd  –
   49.11%. GSU Ltd – 34.14%, free-float and other holders – 16.75%.

    

   DISCLAIMER

   These materials contain  statements about future  events and  expectations
   that are forward-looking  statements. These  statements typically  include
   words such as ‘expects’ and ‘anticipates’ and words of similar import. Any
   statement in these materials that is not a statement of historical fact is
   a  forward-looking  statement  that  involves  known  and  unknown  risks,
   uncertainties and  other  factors  that  may  cause  our  actual  results,
   performance or achievements  to be  materially different  from any  future
   results,  performance  or  achievements  expressed  or  implied  by   such
   forward-looking statements.

   None of the  future projections, expectations,  estimates or prospects  in
   this announcement should  be taken  as forecasts or  promises, nor  should
   they be taken as implying any indication, assurance or guarantee that  the
   assumptions on which such  future projections, expectations, estimates  or
   prospects have been prepared are correct or exhaustive or, in the case  of
   the  assumptions,  fully  stated  in  this  announcement.  We  assume   no
   obligations to update the  forward-looking statements contained herein  to
   reflect actual  results,  changes in  assumptions  or changes  in  factors
   affecting these statements.

   On August  16,  2022, the  Board  of  Directors of  the  Company  approved
   applying to  the  Astana International  Exchange  (AIX) for  admission  to
   trading of the  Company's GDRs  and resolved  to delay  disclosure of  the
   inside information  until making  it public  on the  date of  signing  the
   Listing Agreement between the Company and AlX.
    

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    5  1  In  March 2022, the  London Stock  Exchange unilaterally  suspended
   trading in  O`KEY’s  GDRs.  Nevertheless, the  Group  has  maintained  its
   listing on LSE.

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   Dissemination of a Regulatory Announcement that contains inside
   information in accordance with the Market Abuse Regulation (MAR),
   transmitted by EquityStory RS.
   The issuer is solely responsible for the content of this announcement.

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   ISIN:           US6708662019
   Category Code:  MSCH
   TIDM:           OKEY
   LEI Code:       213800133YYU23T4L791
   OAM Categories: 3.1. Additional regulated information required to be
                   disclosed under the laws of a Member State
   Sequence No.:   230812
   News ID:        1585699


    
   End of Announcement EquityStory RS News Service

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