Vladimir Yevtushenkov

Sistema PJSFC: Sistema and Russia-China Investment Fund successfully price offering of 184,750,001 Detsky Mir shares

Retrieved on: 
Wednesday, September 2, 2020
Companies, Financial markets, Sistema, Moscow, Detsky Mir, Moscow Exchange, Initial public offering, Vladimir Yevtushenkov

The shares were sold at a price of RUB 112 per share.

Key Points: 
  • The shares were sold at a price of RUB 112 per share.
  • Net proceeds from the offering received by Sistema will be used for general corporate purposes, including debt reduction.
  • "I am pleased to report a successfully completed cycle of investment and transformation executed by Sistema.
  • For Sistema, the Detsky Mir investment has been a real success story: since Detsky Mir's IPO on the Moscow Exchange in 2017, this asset has delivered over 60 billion roubles in proceeds from placements and dividends to Sistema.

Sistema PJSFC: Sistema announces decisions taken by AGM and the Board of Directors

Retrieved on: 
Monday, June 29, 2020
Sistema, Depositary receipt, Vladimir Yevtushenkov, Economy of Russia, Companies

At the Board of Directors' meeting, which took place after the AGM, the Board members elected Vladimir Evtushenkov as Chair, and Anna Belova and Andrey Dubovskov as Deputy Chairs of the Board.

Key Points: 
  • At the Board of Directors' meeting, which took place after the AGM, the Board members elected Vladimir Evtushenkov as Chair, and Anna Belova and Andrey Dubovskov as Deputy Chairs of the Board.
  • In line with the Corporation's commitment to the global sustainability agenda, the Board of Directors approved the new Sustainability Policy of Sistema PJSFC, which codifies the Corporation's approach to sustainability and responsible investment management.
  • Its revenue in 2019 reached RUB 656.9bn; its total assets equalled RUB 1.3tn as of 31 December 2019.
  • Sistema's global depositary receipts are listed under the "SSA" ticker on the London Stock Exchange.