Sistema PJSFC: Termination of transaction to purchase a 47.7% stake in Melon Fashion Group
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
Investor Relations
Sergey Levitskiy
Tel: +7 (495) 730 66 00
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The issuer is solely responsible for the content of this announcement.
ISIN: US48122U2042 Category Code: MSCH TIDM: SSA LEI Code: 213800JSZ2UUK4QQK694 Sequence No.: 227496 News ID: 1574881
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