OJSC MEGAFON (FRA:US58517T) EQS-News: PJSC MegaFon: Resolutions taken by the Board of Directors

Directive transparence : information réglementée

10/09/2019 09:00

EquityStory.RS, LLC-News: PJSC MegaFon / Key word(s): Statement/AGM/EGM
PJSC MegaFon: Resolutions taken by the Board of Directors

10.09.2019 / 10:00 MSK
The issuer is solely responsible for the content of this announcement.

Resolutions taken by the Board of Directors

Moscow, Russian Federation (10 September 2019) - Public Joint Stock Company "MegaFon", a pan-Russian operator of digital opportunities ("MegaFon" or the "Company"), announces that MegaFon's Board of Directors at a meeting held by absentee voting held on 9 September 2019, took the following actions:

1. To convene the Extraordinary General Shareholders Meeting ("EGM") of MegaFon in the form of absentee voting to be held on 15 October 2019, and to add the following items into the agenda of EGM of the Company:

- Determination of the amount of additional remuneration payable to the independent members of the Board of Directors of MegaFon.

- Approval of the Regulations on the Board of Directors of the Company in the new version (Version No.3).

20 September 2019 was approved as the record date for the purpose of compiling the list of persons entitled to participate in the EGM on the basis of information from the Company's register.

For more information:

PJSC MegaFon

Media: Tel: + 7 925 696 0507 pr@megafon.ru

Investors: Tel: +7 495 926 2012 ir@megafon.ru


Notes to Editors

MegaFon PJSC is a pan-Russian operator of digital opportunities, operating in all segments of the telecommunications markets in Russia, and in the Republics of Abkhazia, South Ossetia and Tajikistan. MegaFon is a recognised market leader in the provision of mobile data services, was the first operator in Russia to launch commercial operation of a third generation (3G) network and was the first operator in the world to launch commercial operation of an LTE Advanced (4G) data network. Additional information about MegaFon and the products and services provided by MegaFon can be found at: http://www.megafon.ru.

Cautionary Statement Regarding Forward Looking Statements

Some of the information in this document may contain or refer to projections or other forward-looking statements regarding future events or the future financial performance of the Company. You can identify forward looking statements by terms such as "expect", "believe", "anticipate", "estimate", "forecast", "intend", "will", "could", "may", or "might" the negative of such terms or other similar expressions. The Company wishes to caution you that these statements are only predictions, and are based upon various assumptions which are inherently subject to significant uncertainties and contingencies which are difficult or impossible to predict and are beyond our control. We may not achieve or accomplish these plans or predictions. The Company does not necessarily intend to update these statements to reflect events and circumstances occurring after the date hereof or to reflect the occurrence of unanticipated events. Many factors could cause the actual results to differ materially from those contained in projections or forward-looking statements of the Company, including, among others, general economic conditions, the competitive environment, risks associated with operating in Russia, rapid technological and market change in the industries in which the Company operates, as well as many other risks specifically related to the Company and its business and operations.


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