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AFK Sistema M&A Activity 2023
6429_rns_2023-03-05_1606ca21-3c84-4407-9b5c-30fefe16a04d.html
M&A Activity
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Sistema PJSFC (SSA)
Sistema PJSFC: Termination of transaction to purchase a 47.7% stake in Melon Fashion Group
05-March-2023 / 20:30 MSK
The issuer is solely responsible for the content of this announcement.
Termination of transaction to purchase a 47.7% stake in Melon Fashion Group
Moscow, Russia – 5 March 2023 – Sistema PJSFC (the “Corporation”) (LSE: SSA, MOEX: AFKS) announces that all the agreements entered into by the Corporation on October 19, 2022, to acquire in aggregate a 47.7% stake in Melon Fashion Group from Swedish Eastnine and East Capital Holding AB, as well as a group of individual investors, have been amicably terminated by the parties thereto.
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For further information, please visit www.sistema.ru or contact:
| Public Relations Sergey Kopytov Tel.: +7 (495) 730 17 05 [email protected] |
Investor Relations Sergey Levitskiy Tel: +7 (495) 730 66 00 [email protected] |
Dissemination of a Regulatory Announcement, transmitted by EquityStory RS.
The issuer is solely responsible for the content of this announcement.
| ISIN: | US48122U2042 |
| Category Code: | MSCH |
| TIDM: | SSA |
| LEI Code: | 213800JSZ2UUK4QQK694 |
| Sequence No.: | 227496 |
| News ID: | 1574881 |
| End of Announcement | EquityStory RS News Service |