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PJSC LSR GROUP PJSC LSR Group: Results of the Board of Directors meeting

Directive transparence : information réglementée

13/05/2020 09:00

PJSC LSR Group (LSRG)
PJSC LSR Group: Results of the Board of Directors meeting

13-May-2020 / 09:00 CET/CEST
Dissemination of a Regulatory Announcement, transmitted by EQS Group.
The issuer is solely responsible for the content of this announcement.



Results of the Board of Directors meeting 

St. Petersburg, Russia - 13 May 2020 - PJSC LSR Group ("LSR" or the "Company") (LSE: LSRG; MOEX: LSRG), one of the leading real estate developers and building materials producers in Russia, announces that on 12 May 2020 its Board of Directors has elected the following candidates to the Company's Executive Committee:

  1. Galina Volchetskaya
  2. Vasily Kostritsa
  3. Dmitry Kutuzov
  4. Ivan Romanov
  5. Leonid Sorokko
  6. Evgeny Yatsyshin
  7. Andrey Molchanov, Chairman of the Executive Committee.

 

For more information please contact:

 

Investor Relations

 

Igor Tsoy

Director of Investor Relations

E-mail: IR@lsrgroup.ru

 

              Media Relations


              LSR Group Press Service
              E-mail: press@lsrgroup.ru
 

About LSR Group:

PJSC LSR Group is a real estate development and building materials company founded in 1993 and operating in a number of complementary market segments. Its core business areas are production of building materials and real estate development and construction. LSR Group's main operations are located in St. Petersburg and Leningrad Region, Moscow and Moscow region and Yekaterinburg. As of 31 December 2019 (according to Knight Frank), the net sellable area of projects in LSR Group's real estate portfolio amounts to 7.6 million m2 with the market value of RUB 207 billion.

In accordance with its audited IFRS consolidated financial statements for 2019, LSR Group reported revenue of RUB110.4 billion, Adjusted EBITDA of RUB21.0 billion and Net Profit of RUB7.5 billion.

Ordinary shares of the Company are traded on the Moscow Exchange (MOEX: LSRG) and GDRs representing its ordinary shares are traded on the London Stock Exchange (LSE: LSRG).

www.lsrgroup.ru

 



ISIN: US50218G2066
Category Code: MSCM
TIDM: LSRG
LEI Code: 25340067LEEMJ79K8X43
OAM Categories: 3.1. Additional regulated information required to be disclosed under the laws of a Member State
Sequence No.: 63390
EQS News ID: 1043209

 
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