TIDMLNTR TIDMLNTA

RNS Number : 2127J

Lenta Ltd

01 April 2015

 
                                               Lenta Ltd., 01 April 2015 
 By way of voluntary compliance with Disclosure and Transparency 
  Rule 5.8.12 R (1), Lenta Ltd. hereby discloses the following 
  information provided to it on Form TR-1 (Notification of major 
  interest in shares). 
 
 Identity of the issuer or the underlying                                                           Lenta Ltd. 
  issuer of existing shares to which voting 
  rights are attached 
                                                                                          ----------------------------- 
 Reason for notification                                                                      An event changing the 
                                                                                               breakdown of voting 
                                                                                                     rights: 
                                                                                                 Offering of GDRs 
                                                                                                   representing 
                                                                                             ordinary shares in Lenta 
                                                                                               Ltd. resulting in a 
                                                                                              fall in voting rights 
                                                                                             in respect of such GDRs 
                                                                                               held by the European 
                                                                                             Bank for Reconstruction 
                                                                                               and Development from 
                                                                                              16.6% to 15.3% of the 
                                                                                              total number of voting 
                                                                                                      rights 
                                                                                          ----------------------------- 
 Full name of person subject to the notification                                              The European Bank for 
  obligation                                                                                    Reconstruction and 
                                                                                                   Development 
                                                                                          ----------------------------- 
 Full name of shareholders 
                                                                                          ---------  -------  --------- 
 Date of the transaction and date on which                                                        March 27, 2015 
  the threshold is crossed or reached 
                                                                                          ----------------------------- 
 Date on which issuer notified                                                                    March 30, 2015 
                                                                                          ----------------------------- 
 Threshold crossed                                                                                  Below 16% 
                                                                                          ----------------------------- 
 
 Notified details - Voting rights attached to shares 
      Class/type              Situation previous                    Resulting situation after the triggering 
       of shares           to triggering transaction                               transaction 
                       --------------------------------  -------------------------------------------------------------- 
                              No. of           No. of          No. of             No. of voting          Percentage 
                              shares           voting           shares                rights              of voting 
                                               rights                                                       rights 
                       -------------------  -----------  ------------------  ----------------------  ------------------ 
                                                                                Direct     Indirect   Direct   Indirect 
                       -------------------  -----------  ------------------  -----------  ---------  -------  --------- 
  Global Depositary 
       Receipts 
  (GDRs) representing       71,332,375                       71,332,375 
       ordinary          GDRs representing                GDRs representing 
       shares in            14,266,475                       14,266,475 
      Lenta Ltd.              shares         14,266,475        shares         14,266,475              15.3% 
                                               (16.6%) 
 
                 ISIN code 
                  for Rule 
                  144A GDRs 
               (symbol LNTR): 
                US52634T1016 
                                            -----------  ------------------  -----------  ---------  -------  --------- 
 
 Chain of controlled undertakings through which the voting rights 
  and the financial instruments are effectively held 
                              All of the GDRs to which this announcement relates are held 
                            directly by the European Bank for Reconstruction and Development. 
 
 Additional Information 
                             This notification is being submitted pursuant to a requirement 
                         contained in the articles of association of Lenta Ltd. for shareholders 
                               to comply with Chapter 5 of the Disclosure and Transparency 
                                                         Rules. 
 
 Contact name                                                                                   Wojtek Boniaszczuk 
                                                                                          ----------------------------- 
 Contact telephone number                                                                      +44 (0)207 338 6073 
                                                                                          ----------------------------- 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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