Lenta International PJSC Further re (listing of Ordinary Shares on MOEX) (0228U)
November 30 2021 - 5:14AM
UK Regulatory
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RNS Number : 0228U
Lenta International PJSC
30 November 2021
Press Release | St. Petersburg | 30 November 2021
Replacement RNS
The following amendment has been made to the ' Lenta Announces
Listing of Ordinary Shares on MOEX' announcement released on 29
November 2021 at 14:00 UK Time under RNS No 9049T.
The ISIN of GDRs which will be delisted from MOEX has been
amended to "ISIN: US52634T2006"
The change is identified with an asterisk (*).
All other details remain unchanged.
The full amended text is shown below.
Lenta Announces Listing of Ordinary Shares on MOEX
St. Petersburg, Russia, 29 November 2021: Lenta IPJSC (MOEX
& LSE: LNTA), one of the largest multi-format retail chains in
Russia, announces that it has been notified by Moscow Exchange
("MOEX") that with effect from 26 November 2021 the Company's
ordinary shares (the "Ordinary Shares ") have been included into
the "Level 1" part of the list of securities admitted to trading on
MOEX.
The trading in the Ordinary Shares on MOEX will commence on 1
December 2021. The global depositary receipts (ISIN: US52634T2006*)
("GDRs") will be delisted from MOEX in the first half of 2022. GDRs
will continue to be listed and traded on the London Stock
Exchange.
GDR holders who wish to cancel their GDRs and receive Ordinary
Shares in return will be charged a reduced GDR cancellation fee by
the Depositary of USD 3 cents per GDR if the Depositary receives
instructions to make such conversion from the GDR holder (or their
broker) from (and including) 1 December 2021 and until 18:00 hours
(Moscow time) on 1 February 2022, after which the fee will revert
to the standard USD 5 cents per GDR fee.
GDR holders who convert their GDRs into the Ordinary Shares
prior to 20 January 2022 will not be subject to the annual
administration fee of USD 3 cents per GDR expected to be charged by
the Depositary in 2022.
The holders of GDRs may find additional information on
conversion of equity instruments through the following link
http://www.lentainvestor.com/en/investors/shareholders/shareholder-capital
.
Investors and prospective investors are advised to consult with
their legal, financial, tax and strategic advisers regarding the
above.
For further information, please visit www.lentainvestor.com or
contact:
Lenta Lenta
Tatyana Vlasova Mariya Filippova
Head of Investor Relations Head of Public Relations
tatyana.vlasova@lenta.com and Government Affairs
maria.filippova@lenta.com
EM (International Media Inquiries)
Lenta@em-comms.com
About Lenta
Lenta IPJSC (LSE and MOEX: LNTA) is a leading Russian
multi-format food and FMCG retailer. The company operates
hypermarkets, supermarkets, and recently launched a new proximity
store format under the brand "Mini Lenta." It also provides
customers the option to shop online via its click-and-collect and
express delivery services. Lenta is Russia's largest hypermarket
operator and the fourth largest food retailer overall by Sales. The
company was founded in 1993 in St. Petersburg and as of September
30, 2021, operated 255 hypermarkets and 419 supermarkets in 88
cities across Russia with more than 1.7 million square meters of
Selling Space. The average Lenta hypermarket has approximately
5,500 square meters of selling space, the average Lenta supermarket
has 800 square meters, and the Mini Lenta format is 500 meters on
average. The company operates 14 distribution centers to supply all
of its stores. 2020 Revenues were RUB 445 billion (approximately
USD 6 billion).
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END
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