TIDMLNTR TIDMLNTA
RNS Number : 4544D
Lenta Ltd
26 October 2015
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION DIRECTLY OR
INDIRECTLY, IN THE UNITED STATES OF AMERICA, AUSTRALIA, CANADA,
JAPAN, THE UNITED ARAB EMIRATES, QATAR, THE RUSSIAN FEDERATION
(UNLESS OTHERWISE PERMITTED UNDER RUSSIAN SECURITIES LAWS) OR ANY
OTHER JURISDICTION WHERE TO DO SO WOULD BE UNLAWFUL.
These materials are not for distribution, directly or
indirectly, in or into the United States (including its territories
and possessions, any State of the United States and the District of
Columbia). These materials are not an offer or solicitation to
purchase or subscribe for securities in the United States.
Securities may not be offered or sold in the United States absent
registration with the United States Securities and Exchange
Commission or an exemption from registration under the U.S.
Securities Act of 1933, as amended. Lenta Ltd. does not intend to
register any part of the offering in the United States or to
conduct a public offering of securities in the United States.
This document is an advertisement and is not a prospectus for
the purposes of the Prospectus Directive. A prospectus prepared
pursuant to the Prospectus Directive has been published which can
be obtained from Lenta Ltd. at its registered office. Investors
should not subscribe for any securities referred to in this
document except on the basis of information contained in the
prospectus. The expression "Prospectus Directive" means Directive
2003/71/EC (and amendments thereto, including Directive 2010/73/EU,
to the extent implemented in any relevant Member State) and
includes any relevant implementing measure in the relevant Member
State.
Any offer of securities to the public that may be deemed to be
made pursuant to this communication in any EEA Member State that
has implemented the Prospectus Directive is addressed solely to
qualified investors (within the meaning of the Prospectus
Directive) in that Member State.
This document is only being distributed to and is only directed
at (i) persons who are outside the United Kingdom or (ii) to
investment professionals falling within Article 19(5) of the
Financial Services and Markets Act 2000 (Financial Promotion) Order
2005, as amended (the "Order") or (iii) high net worth entities,
and other persons to whom it may lawfully be communicated, falling
within Article 49(2)(a) to (d) of the Order (all such persons in
(i), (ii) and (iii) above together being referred to as "relevant
persons"). Any securities described herein are only available to,
and any invitation, offer or agreement to subscribe, purchase or
otherwise acquire such securities will be engaged in only with,
relevant persons. Any person who is not a relevant person should
not act or rely on this document or any of its contents.
St. Petersburg, Russia; 26 October 2015 - Lenta Ltd. (LSE, MOEX:
LNTA / LNTR; "Lenta" or the "Company"), one of the largest retail
chains in Russia, is pleased to announce that the Company's
application to the FCA, in its capacity as competent authority
under the FSMA, for the GDRs to be admitted to the Official List of
the FCA and to the LSE to admit the GDRs for trading under the
symbol LNTA on its market for listed securities, has been granted.
Admission to listing and trading has taken place on 26 October
2015. There are now 486,593,730 GDRs admitted in aggregate,
consisting of (i) 462,065,995 existing GDRs, (ii) 21,126,760 GDRs
issued on 26 October 2015, and (iii) up to an additional 3,400,975
GDRs to be issued from time to time against the deposit of shares
with the custodian for the depositary of our GDR programme.
***For further information, please visit www.lentainvestor.com,
or contact:
Lenta
Anna Meleshina, Director of Public Relations and Government
Affairs
+7 812 363 28 53
Anna.Meleshina@lenta.com
Albert Avetikov, Director of Investor Relations
+7 812 363 28 44
Albert.Avetikov@lenta.com
About Lenta
Lenta is one of the largest retail chains in Russia and the
country's second largest hypermarket chain (in terms of 2014
sales). The Company was founded in 1993 in St. Petersburg. Lenta
operates 122 hypermarkets in 63(1) cities across Russia and 27
supermarkets in the Moscow region, with a total of approximately
787,804 sq.m. of selling space. The average Lenta hypermarket store
has selling space of approximately 6,200 sq.m. The Company operates
six hypermarket distribution centres.
The Company's price-led hypermarket formats are differentiated
in terms of their promotion and pricing strategies as well as their
local product assortment. The Company employed approximately
30,655(2) people as of 30 June 2015.
The Company's management team combines a mix of local knowledge
and international expertise coupled with extensive operational
experience in Russia. Lenta's largest shareholders include TPG
Capital and the European Bank for Reconstruction and Development,
both of which are committed to maintaining high standards of
corporate governance. Lenta is listed on the London Stock Exchange
and on the Moscow Exchange and trades under the ticker: 'LNTA'.
******
Information contained herein is not an offer, or an invitation
to make offers, to sell, purchase, exchange or otherwise transfer
securities in the Russian Federation to or for the benefit of any
Russian person or entity, except to the extent permitted under
Russian securities laws. This document is not an advertisement in
connection with the "placement" or "public circulation" (as both
terms are defined under Russian securities law) of any securities
and securities are not intended for "placement" or "public
circulation" in the Russian Federation, in each case unless
otherwise permitted under Russian securities laws. Neither
securities nor a prospectus relating to such securities has been or
will be registered with the Central Bank of Russia.
The placing of securities has not been approved or licensed by
the Central Bank of the United Arab Emirates ("UAE"), the
Securities and Commodities Authority of the UAE and/or any other
relevant licensing authority in the UAE including any licensing
authority incorporated under the laws and regulations of any of the
free zones established and operating in the territory of the UAE,
in particular the Dubai Financial Services Authority ("DFSA"), a
regulatory authority of the Dubai International Financial Centre
("DIFC"). The placing of securities does not constitute a public
offer of securities in the UAE, DIFC and/or any other free zone in
accordance with the Commercial Companies Law, Federal Law No 2 of
2015, DFSA Markets Law DIFC Law No. 1 of 2012, Markets Rules and
NASDAQ Dubai Rules, accordingly, or otherwise. The global
depositary receipts may not be offered to the public in the UAE
and/or any of the free zones.
This document does not, and is not intended to, constitute an
invitation for an offer of any investment or financial product in
the State of Qatar (including the Qatar Financial Centre) and
accordingly should not be construed as such. By receiving this
document the person or entity to whom it has been provided
understands, acknowledges and agrees that (i) neither this document
nor any product referred to in it has been registered, considered,
approved or authorised by the Qatar Central Bank, the Qatar
Financial Markets Authority, the Qatar Financial Centre Regulatory
Authority or any other authority or agency in the State of Qatar;
(ii) Lenta has not been authorised or licensed by any such
authority to market or sell any products or interests referred to
in this document within the State of Qatar; and (iii) all
applications in relation to this document should be received, any
agreement concluded and any allotments made, from outside Qatar. No
marketing of any financial products or services has or will be made
from within the State of Qatar. The interests have not been
offered, sold or delivered and will not be offered, sold or
delivered at any time directly or indirectly in the State of Qatar.
This document shall not form the basis of, or be relied on in
connection with, any contract in Qatar. Neither Lenta nor persons
representing it are, by distributing this document, advising
individuals resident in the State of Qatar as to the
appropriateness of investing in these financial products. Nothing
contained in this document is intended to constitute investment,
legal, tax, accounting or other professional advice in, or in
respect of, the State of Qatar.
This document may include statements that are, or may be deemed
to be, "forward-looking statements". These forward-looking
statements may be identified by the use of forward-looking
terminology, including the terms "believes", "estimates", "plans",
"projects", "anticipates", "expects", "intends", "may", "will" or
"should" or, in each case, their negative or other variations or
comparable terminology, or by discussions of strategy, plans,
objectives, goals, future events or intentions. By their very
nature, forward looking statements involve inherent risks and
uncertainties, both general and specific, and risks exist that the
predictions, forecasts, projections and other forward looking
statements will not be achieved. As a result, actual future results
may differ materially from the plans, goals and expectations set
out in these forward-looking statements. Given these risks and
uncertainties, you are cautioned not to place undue reliance on
such forward-looking statements.
Any forward-looking statements made by or on behalf of Lenta
speak only as at the date of this announcement. Subject to its
legal and regulatory obligations, neither the Company, nor any of
its agents, employees or advisors intends or has any duty or
obligation to supplement, amend, update or revise any of the
forward looking statements contained in this document to reflect
any change in expectations with regard thereto or any change in
events, conditions or circumstances on which any statement is
based.
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