MOEX

Polymetal International plc: Completion of divestment of Russian business

Retrieved on: 
Wednesday, March 13, 2024
AIX, International, BlackRock, MOEX, Polymetal, Circular, Sale, Transaction, JSC, Completion, Policy, Bank

Polymetal International plc (“Polymetal”, the “Company” or the “Group”) announces that following shareholder approval and satisfaction of all other conditions precedent, the divestment of Polymetal Group’s Russian business by way of disposal of 100 per cent of the JSC Polymetal share capital to JSC Mangazeya Plus has completed.

Key Points: 
  • Polymetal International plc (“Polymetal”, the “Company” or the “Group”) announces that following shareholder approval and satisfaction of all other conditions precedent, the divestment of Polymetal Group’s Russian business by way of disposal of 100 per cent of the JSC Polymetal share capital to JSC Mangazeya Plus has completed.
  • “We are pleased shareholders of Polymetal supported the sale of our Russian business.
  • With the transaction closed and major risks eliminated, we plan to present our new strategy and capital allocation policy in May”, said Vitaly Nesis, Group CEO.
  • Following Completion, the Polymetal Retained Group has a net cash position of approx.

Polymetal International plc: Proposed divestment of Polymetal Group’s Russian business and notice of General Meeting

Retrieved on: 
Wednesday, March 13, 2024
AIX, Ertis, MOEX, Person, Circular, Intra, Sale, Nationalization, Proxy, Polymetal, Mining, THIS, VIA, NOT, LAWS, POX, State, Mass meeting, Polymetal International, Transaction, Completion, Risk, Gold, Resolution, United, JSC, Committee, Baksy, Cryptocurrency

Polymetal International plc (“Polymetal”, the “Company” or the “Group”) announces today that it has entered into contracts for the divestment of its Russian business for an effective total consideration of approximately US$3.69 billion (the “Transaction”).

Key Points: 
  • Polymetal International plc (“Polymetal”, the “Company” or the “Group”) announces today that it has entered into contracts for the divestment of its Russian business for an effective total consideration of approximately US$3.69 billion (the “Transaction”).
  • A quick, transparent, and sanctions-compliant exit under the terms of the proposed Transaction serves the interests of all stakeholders.
  • The completion of the divestment will allow the Group to de-risk the Company’s business, deliver stable cash flows and pursue new investment opportunities.
  • The Transaction values the Russian business at approximately US$3.69 billion [1] including third-party debt and intra-group arrangements detailed in the Circular.

O`KEY GROUP REPORTS 5.2% NET RETAIL REVENUE GROWTH, DA! DISCOUNTERS REVENUE GREW 22.1% IN Q4 2023

Retrieved on: 
Monday, February 5, 2024
AIX, KEY, Yoy, MOEX, RUB, DA, LFL, NET

Group net retail revenue [1] grew by 5.2% YoY to RUB 58.5 bn, driven by positive LFL performance of both O’KEY and DA!

Key Points: 
  • Group net retail revenue [1] grew by 5.2% YoY to RUB 58.5 bn, driven by positive LFL performance of both O’KEY and DA!
  • discounters' net retail revenue increased by 22.1% YoY to RUB 17.5 bn, led by both LFL net retail revenue growth and the chain’s expansion.
  • O`KEY hypermarkets’ net retail revenue decreased by 3.4% YoY to RUB 141.9 bn due to a decrease in LFL revenue and selling space.
  • discounters’ net retail revenue grew by 19.8% YoY to RUB 63.8 bn, led by LFL revenue and selling space growth.

Fix Price announces interim dividend

Retrieved on: 
Wednesday, January 17, 2024
AIX, Foreign investment, MOEX, Committee, Tax, Fix, RUB, Control

16 January 2024, Limassol, Cyprus – Fix Price Group PLC (LSE and MOEX: FIXP, AIX: FIXP.Y, “Fix Price”, the “Company” or the “Group”), one of the leading variety value retailers globally and the largest in Russia, announces that its Board of Directors approved a decision to pay interim dividends at a meeting held on 15 January 2024.

Key Points: 
  • 16 January 2024, Limassol, Cyprus – Fix Price Group PLC (LSE and MOEX: FIXP, AIX: FIXP.Y, “Fix Price”, the “Company” or the “Group”), one of the leading variety value retailers globally and the largest in Russia, announces that its Board of Directors approved a decision to pay interim dividends at a meeting held on 15 January 2024.
  • The Board of Directors approved the interim dividend for 2023 and 2024 in the combined amount of RUB 8.4 billion, or RUB 9.84 per GDR/share (gross amount subject to applicable taxes and fees).
  • The combined amount was defined based on the permission of the Subcommittee of the Government Commission for the Control of Foreign Investment in the Russian Federation given to Best Price Ltd, a subsidiary of Fix Price Group PLC, to distribute dividends in the amount of RUB 9.8 billion, net of withholding tax of 15%.
  • It is expected that the interim dividend will be paid within two months after the dividend record date.

Fix Price Group PLC announces receipt of permission from government commission to pay out dividends

Retrieved on: 
Saturday, January 13, 2024
AIX, Foreign investment, Policy, Fix Price, MOEX, Committee, Tax, RUB, Control

The above-mentioned permission contains a number of conditions and requirements, including, but not limited to, the achievement of key performance indicators (“KPIs”) set by the Subcommittee.

Key Points: 
  • The above-mentioned permission contains a number of conditions and requirements, including, but not limited to, the achievement of key performance indicators (“KPIs”) set by the Subcommittee.
  • Fix Price is exploring possible options for paying out dividends to its shareholders, given the current regulatory environment, and is making the necessary efforts to meet the established KPIs and other requirements of the Subcommittee.
  • The exact procedure for, and timing of, a potential payout will be announced at a later date.
  • Fix Price has repeatedly stated its intention to follow its previously approved dividend policy and will inform the market about any decisions taken on the dividend payment.

Fix Price Group PLC announces changes in its share capital

Retrieved on: 
Saturday, December 30, 2023
AIX, Fix, MOEX

29 December 2023, Limassol, Cyprus – Fix Price Group PLC (LSE and MOEX: FIXP, AIX: FIXP.Y, “Fix Price”, the “Company” or the “Group”), one of the leading variety value retailers globally and the largest in Russia, announces that one of Fix Price’s shareholders, Artyom Khachatryan, disposed of his equity stake and resigned as a member of the Group’s Board of Directors, due to family circumstances.

Key Points: 
  • 29 December 2023, Limassol, Cyprus – Fix Price Group PLC (LSE and MOEX: FIXP, AIX: FIXP.Y, “Fix Price”, the “Company” or the “Group”), one of the leading variety value retailers globally and the largest in Russia, announces that one of Fix Price’s shareholders, Artyom Khachatryan, disposed of his equity stake and resigned as a member of the Group’s Board of Directors, due to family circumstances.
  • The total amount of the disposed equity stake was 299 million shares, or 35.2% of the Company’s share capital.
  • Fix Price’s CEO, Dmitry Kirsanov, acquired 1% of the share capital, or 8.5 million shares.
  • Fix Price’s other major shareholder, Sergey Lomakin, purchased the remaining 34.2%, or 290.5 million shares.

Fix Price Group PLC comments on investors’ questions about redomiciliation

Retrieved on: 
Friday, December 22, 2023
AIX, Moscow Exchange, London Stock Exchange, Human, Fix Price, LSE, MOEX, Cryptocurrency, GDR

28 November 2023 – Fix Price Group PLC (LSE and MOEX: FIXP, AIX: FIXP.Y, “Fix Price”, the “Company” or the “Group”), one of the leading variety value retailers globally and the largest in Russia, acknowledges that it has received questions and concerns from investors in the context of its upcoming redomiciliation to Kazakhstan.

Key Points: 
  • 28 November 2023 – Fix Price Group PLC (LSE and MOEX: FIXP, AIX: FIXP.Y, “Fix Price”, the “Company” or the “Group”), one of the leading variety value retailers globally and the largest in Russia, acknowledges that it has received questions and concerns from investors in the context of its upcoming redomiciliation to Kazakhstan.
  • Pursuant thereto, Fix Price confirms the position described in its press release of 9 October 2023 , whereby it intends to maintain its current Global Depositary Receipts (GDR) programme and its GDR listing on the London Stock Exchange, Moscow Exchange and the Astana International Exchange following the proposed redomiciliation.
  • The Company confirms that it is not currently planning to buy back or exchange its GDRs.
  • Fix Price is also exploring possible options for paying out dividends to all shareholders, given the current regulatory environment.

Cian PLC Announces Third Quarter and Nine Months 2023 Financial Results

Retrieved on: 
Tuesday, November 21, 2023
Technology, Other Construction & Property, Residential Building & Real Estate, Other Technology, Commercial Building & Real Estate, Construction & Property, CIAN, Ratio, EBITDA, Pressure, Central Bank of Russia, Acquisition, NYSE, B2B, Security (finance), PLC, RUB, Depreciation, MOEX, Supplement, USD, Exchange, Committee, Adjustment, B2C, Core business, Central bank, Moscow Exchange, Growth, Government, Cryptocurrency, Real estate

Cian PLC (MOEX: CIAN) (“Cian”, the “Group” or the “Company”), a leading online real estate classifieds platform in Russia, today announced its financial results for the third quarter and nine months ended September 30, 2023.

Key Points: 
  • Cian PLC (MOEX: CIAN) (“Cian”, the “Group” or the “Company”), a leading online real estate classifieds platform in Russia, today announced its financial results for the third quarter and nine months ended September 30, 2023.
  • Dmitriy Grigoriev, Chief Executive Officer of Cian PLC, commented: “Our company demonstrated solid performance of its Core Business and transactional services even in the challenging macroeconomic environment.
  • See “Non-IFRS Financial Measures and Supplemental Financial Information” elsewhere in this release for a description of these measures and their reconciliation from the most directly comparable IFRS financial measures.
  • Revenue for the three months ended September 30, 2023 amounted to RUB 3,238 million compared to RUB 2,241 million for the three months ended September 30, 2022, an increase of RUB 997 million, or 44%.

O`KEY GROUP ANNOUNCES CHANGES TO ITS CORPORATE MANAGEMENT

Retrieved on: 
Thursday, December 14, 2023
AIX, LSE, MOEX, Armin, Knowledge, Growth, PWC, DA, Retail, Management

O`KEY Group S.A. (AIX, LSE, MOEX: OKEY, the “Group” or the “Company”), one of Russia’s leading food retailers, today announces changes to its corporate management.

Key Points: 
  • O`KEY Group S.A. (AIX, LSE, MOEX: OKEY, the “Group” or the “Company”), one of Russia’s leading food retailers, today announces changes to its corporate management.
  • Konstantin Arabidis, current O’KEY Chief Financial Officer, is taking over the role of Chief Executive Officer at O’KEY hypermarket segment.
  • O’KEY Group has today announced changes to its corporate governance.
  • The Board of Directors of the Group thanks Armin for his work at O’KEY hypermarkets over the past five years.

Fix Price Group PLC announces results of voting at the Company’s Extraordinary General Meeting of the Shareholders

Retrieved on: 
Thursday, December 14, 2023
AIX, MOEX, EGM, LSE, Virginia High School League, Security (finance)

9 November 2023, Limassol, Cyprus – Fix Price Group PLC (LSE and MOEX: FIXP, AIX: FIXP.Y, “Fix Price”, the “Company” or the “Group”), one of the leading variety value retailers globally and the largest in Russia, today announces the results of the poll votes on the resolutions put to the shareholders at the Company’s EGM held on 9 November 2023.

Key Points: 
  • 9 November 2023, Limassol, Cyprus – Fix Price Group PLC (LSE and MOEX: FIXP, AIX: FIXP.Y, “Fix Price”, the “Company” or the “Group”), one of the leading variety value retailers globally and the largest in Russia, today announces the results of the poll votes on the resolutions put to the shareholders at the Company’s EGM held on 9 November 2023.
  • All of the resolutions proposed at the EGM were passed by the shareholders by the requisite majority in the manner indicated in the table below.
  • As the Company owns 471,307 Global depositary receipts (the “GDRs”) and, in accordance with the Articles of Association, the Company did not vote at the EGM, the total number of votes cast has been reduced by these number of GDRs: