Press-release
St. Petersburg
4 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.
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1
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Details of the person discharging managerial responsibilities/person closely associated
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a)
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Name
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Solneau Limited
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2
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Reason for the notification
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b)
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Position/status
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Person closely associated with a person discharging managerial responsibilities: Andrey Molchanov (Chairman of the Board of Directors and the largest shareholder of the group)
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c)
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Initial notification/ Amendment
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Initial notification
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3
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Details of the issuer
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a)
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Name
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Public Joint Stock Company LSR Group
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b)
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LEI
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25340067LEEMJ79K8X43
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4
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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
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a)
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Description of the financial instrument, type of instrument Identification code
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Share
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ISIN RU000A0JPFP0
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b)
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Nature of the transaction
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Disposal of securities pursuant to an accelerated bookbuild transaction
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c)
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Price(s) and volume(s)
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Price (RUB.)
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Volume
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580.0
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10,000,000
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d)
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Aggregated information
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Price (RUB.)
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Aggregated volume
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- Aggregated volume
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580.0
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10,000,000
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- Price
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e)
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Date of the transaction
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April 4, 2019
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f)
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Place of the transaction
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Outside a trading venue
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For further information, please contact:
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Igor Tsoy
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Director of Investor Relations
and Sustainable Development
Email: Tsoi.IO@lsrgroup.ru
Office: +7-495-537-8008 x 45882
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Media Enquiries
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Media Relations
press@lsrgroup.ru
Office: +7-800-770-7577
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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 million m2 with a market value of RUB186 billion.
