Lenta Ltd.: Offer closed (819299)

 
 Lenta Ltd. (LNTA;LNTR) 
Lenta Ltd.: Offer closed 
 
04-Jun-2019 / 16:30 CET/CEST 
Dissemination of a Regulatory Announcement, transmitted by EQS Group. 
The issuer is solely responsible for the content of this announcement. 
 
FOR IMMEDIATE RELEASE 
 
                                                                 4 June 2019 
 
           Update on cash offer by Severgroup LLC for Lenta Ltd. 
                                Offer Closed 
 
The Lenta Directors note the announcement today by Severgroup that the Offer 
           closed at 1.00 p.m. on 4 June 2019, and is not capable of further 
                                                                 acceptance. 
 
    By 1.00 p.m. (London time) on 4 June 2019, Severgroup had received valid 
      acceptances under the Offer in respect of Lenta Securities which, when 
       aggregated with the other Lenta Securities in which Severgroup has an 
   interest (including the Lenta GDRs purchased from TPG and EBRD), carry in 
           aggregate approximately 78.73 per cent. of Lenta's voting rights. 
 
         As set out in the Offer Document, any valid acceptances received by 
      Severgroup after 21 May 2019 and on or before 4 June 2019 will (unless 
                      already settled) be settled on or before 18 June 2019. 
 
         Full terms of the Offer are set out in the Offer Document, which is 
  available, subject to certain restrictions relating to persons resident in 
                             Restricted Jurisdictions, on Lenta's website at 
                                         www.lentainvestor.com/en/investors. 
 
  Capitalised terms used but not otherwise defined in this announcement have 
                           the meanings given to them in the Offer Document. 
 
                                                                  Enquiries: 
 
                                                                       Lenta 
 
                                       Albert Avetikov Tel: +7 812 363-28-44 
 
                                            Email: albert.avetikov@lenta.com 
 
                                    J.P. Morgan (Financial Adviser to Lenta) 
 
Toby Radford Tel: +44 20 7134 7066 
 
Email: toby.radford@jpmorgan.com 
 
Vladimir Blinov Tel: +7 495 937 7310 
 
Email: vladimir.e.blinov@jpmorgan.com 
 
                                                         Further information 
 
    J.P. Morgan Securities plc ("J.P. Morgan"), is authorised by the PRA and 
      regulated by the FCA and the PRA in the United Kingdom. J.P. Morgan is 
         acting exclusively as financial adviser to Lenta and no one else in 
connection with the Offer and will not regard any other person as its client 
   in relation to the Offer and will not be responsible to anyone other than 
   Lenta for providing the protections afforded to clients of J.P. Morgan or 
     its affiliates, or for providing advice in relation to the Offer or any 
                              other matter referred to in this announcement. 
 
  This announcement is not intended to and does not constitute, or form part 
       of, an offer, invitation or the solicitation of an offer to purchase, 
          otherwise acquire, subscribe for, sell or otherwise dispose of any 
securities, or the solicitation of any vote or approval in any jurisdiction, 
pursuant to the Offer or otherwise, nor shall there be any sale, issuance or 
     transfer of securities of Lenta in any jurisdiction in contravention of 
                                                             applicable law. 
 
  A copy of the Offer Document is available, subject to certain restrictions 
relating to persons resident in Restricted Jurisdictions, on Lenta's website 
      at www.lentainvestor.com/en/investors. For the avoidance of doubt, the 
  contents of that website are not incorporated into and do not form part of 
                                                          this announcement. 
 
ISIN:          US52634T2006, US52634T1016 
Category Code: RTE 
TIDM:          LNTA;LNTR 
LEI Code:      213800OMCE8QATH73N15 
Sequence No.:  9059 
EQS News ID:   819299 
 
End of Announcement EQS News Service
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June 04, 2019 10:31 ET (14:31 GMT)
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