PJSC LSR Group: Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them
April 03, 2019 at 05:30 pm
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PJSC LSR Group (LSRG)
PJSC LSR Group: Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them
03-Apr-2019 / 18:28 CET/CEST
Dissemination of a Regulatory Announcement that contains inside information according to REGULATION (EU) No 596/2014 (MAR), transmitted by EQS Group.
The issuer is solely responsible for the content of this announcement.
Press-release
St. Petersburg
3 April 2019
Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them
PJSC LSR Group (the "Company" or "LSR Group"), one of Russia's leading residential real estate developers and building materials producers,announces the following transactions by persons discharging managerial responsibilities and persons closely associated with them.
1
Details of the person discharging managerial responsibilities/person closely associated
a)
Name
Andrey Molchanov
2
Reasonforthenotification
b)
Position/status
Chairman of the Board of Directors and the largest shareholder of the group
c)
Initialnotification/ Amendment
Initialnotification
3
Detailsoftheissuer
a)
Name
Public Joint Stock Company LSR Group
b)
LEI
25340067LEEMJ79K8X43
4
Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)
Description of the financial instrument, type of instrument Identification code
Share
ISIN RU000A0JPFP0
b)
Natureofthetransaction
Disposal of securities pursuant to a securities purchase agreement entered into with Solneau Limited
c)
Price(s) and volume(s)
Price (RUB.)
Volume
566.2
10,000,000
d)
Aggregatedinformation
Price (RUB.)
Aggregatedvolume
- Aggregatedvolume
566.2
10,000,000
- Price
e)
Dateofthetransaction
April 3, 2019
f)
Placeofthetransaction
Outside a tradingvenue
For further information, please contact:
Igor Tsoy
Director of Investor Relations and Sustainable Development
Email: Tsoi.IO@lsrgroup.ru
Office: +7-495-537-8008 x 45882
Media Enquiries
Media Relations
press@lsrgroup.ru
Office: +7-800-770-7577
Company description:
LSR Group is one of Russia's leading residential real estate developers and building materials producers. Founded in 1993, the business of LSR Group is concentrated in the three largest regions of Russia - Moscow, St. Petersburg and Yekaterinburg. The main business areas of the Company are real estate development and construction and production of building materials. LSR Group carries out projects in all segments of residential real estate market: mass market, business and elite.
In accordance with its audited IFRS consolidated financial statements for 2018, LSR Group had revenue of RUB146.3 billion, Adjusted EBITDA of RUB36.4 billion and Net Profit of RUB16.2 billion.As of 31 December 2018(according to Knight Frank), the net sellable area of projects in LSR Group's real estate portfolio amounted to 7.8 millionm2with a market value of RUB186 billion.
ISIN:
US50218G2066
Category Code:
MSCH
TIDM:
LSRG
LEI Code:
25340067LEEMJ79K8X43
OAM Categories:
3.1. Additional regulated information required to be disclosed under the laws of a Member State
PJSC LSR Group is one of Russia's leading real estate and building and public works groups. Net sales break down by activity as follows:
- development, construction under contract and sale of real estate properties (78.4%) : primarily residential and commercial properties;
- fabrication of construction materials (15.9%): sand (6.2 million m3 sold in 2021), crushed granite (6.7 million m3 sold), aerated concrete (2 million m3 sold), ready-mixed concrete (0.9 million m3 sold) and bricks (308 million units sold);
- other (5.7%): primarily construction material transportation services and construction equipment management.
PJSC LSR Group: Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them