REG - PJSC Tatneft - Tatneft to acquire Russian assets of Nokian Tyres

Tatneft' PAOAnnouncement

28/10/2022 16:30

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RNS Number : 5486E  PJSC Tatneft  28 October 2022

28 October 2022

 

PJSC Tatneft agreed to acquire Russian business of Nokian Tyres

 

Today, 28 October 2022 PJSC Tatneft signed an agreement with Nokian Tyres PLC
of Finland to acquire its tire business in Russia, including manufacturing
facility in the city of Vsevolzhsk in the Leningrad Region, Russia. The
closing of the transaction and transfer of assets are subject to certain
conditions including obtaining consents pursuant to Russian legislation.

 

This press release contains inside information.

Forward-looking Statements and Disclaimers: This press release contains
certain statements regarding future events and expectations, which are
forward-looking statements in nature. Any statement in this press release that
is not a historical fact is a forward-looking statement that involves known
and unknown risks, uncertainties and other factors that could cause actual
results, performance or achievements expressed or implied by such
forward-looking statements to differ materially. PJSC TATNEFT shall assume no
obligation to update such forecasts to reflect actual results, changes in
assumptions or changes in factors affecting these statements. The amounts and
the interest money indicated or referenced in this press release may be given
taking into account the rounding and, accordingly, they may differ from the
actual figures and results contained in the company's reporting documents.
PJSC TATNEFT shall assume no obligation to adjust or reimburse any amounts
that may make the difference between those specified in this press release and
the relevant reporting documents, and all payments shall made by PJSC TATNEFT
exclusively in accordance with the decisions of the competent Company's
management bodies in the amount and manner specified in such decisions..

 

 

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