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

kopytov@sistema.ru

 

Investor Relations

Sergey Levitskiy

Tel: +7 (495) 730 66 00

s.levitskiy@sistema.ru

 

 



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ISIN: US48122U2042
Category Code: MSCH
TIDM: SSA
LEI Code: 213800JSZ2UUK4QQK694
Sequence No.: 227496
News ID: 1574881

 
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UK Regulatory announcement transmitted by EQS Group AG. The issuer is solely responsible for the content of this announcement.