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Fix Price Group PLC: THE MERGER OF KOLMAZ HOLDINGS LTD

eqs_en 
0 0 05.10.22
Fix Price Group PLC: THE MERGER OF KOLMAZ HOLDINGS LTD
 

Fix Price Group PLC (FIXP)
Fix Price Group PLC: THE MERGER OF KOLMAZ HOLDINGS LTD

05-Oct-2022 / 18:00 MSK
Dissemination of a Regulatory Announcement that contains inside information in accordance with the Market Abuse Regulation (MAR), transmitted by EQS Group.
The issuer is solely responsible for the content of this announcement.

fix price group plc announces the merger of Kolmaz Holdings Ltd

 

5 October 2022 – Fix Price (LSE and MOEX: FIXP, the “Company” or the “Group”), one of the leading variety value retailers globally and the largest in Russia, announces that the Company has merged with its subsidiary Kolmaz Holdings Ltd. (registration number HE 197237, hereinafter “Kolmaz”). As a result of the merger, Kolmaz ceased to exist and the Company became its successor.

About the Company

Fix Price (LSE and MOEX: FIXP), one of the leading variety value retailers globally and the largest in Russia, has been helping its customers save money every day since 2007. Fix Price offers its customers a unique and constantly refreshed product assortment of non-food goods, personal care and household products and food items at low fixed price points.

As of 30 June 2022, Fix Price operated 5,267 stores in Russia and neighbouring countries, all of them stocking approximately 2,000 SKUs across around 20 product categories. As well as its own private brands, Fix Price sells products from leading global names and smaller local suppliers. As of June 2022, the Company operated 8 DCs covering 80 Russian regions and 6 other countries.

In 2021, the Company recorded revenue of RUB 230.5 billion, EBITDA of RUB 44.2 billion and net profit of RUB 21.4 billion, in accordance with IFRS.

 

Contacts

 

Fix Price Investor Relations

 

Fix Price Media Relations

 

Elena Mironova

[email protected]

Ekaterina Charushina

[email protected]

 
ISIN: US33835G2057
Category Code: MSCH
TIDM: FIXP
LEI Code: 549300EXJV1RPGZNH608
Sequence No.: 192704
EQS News ID: 1457697

 
End of Announcement EQS News Service

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Fix Price Group Ltd. Stock

€0.50
-16.670%
Heavy losses for Fix Price Group Ltd. today as the stock fell by -€0.100 (-16.670%).

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EQS Group is a leading international provider of regulatory technology in the fields of corporate compliance and investor relations. In working with EQS Group, thousands of companies worldwide inspire trust by fulfilling complex national and international disclosure obligations, minimizing risks and communicating transparently with stakeholders.




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