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MegaFon PAO (MFON.MM)

MFON.MM on Moscow Interbank Currency Exchange

588.60RUB
17 Oct 2017
Change (% chg)

руб-2.00 (-0.34%)
Prev Close
руб590.60
Open
руб590.30
Day's High
руб591.50
Day's Low
руб582.40
Volume
416,900
Avg. Vol
412,345
52-wk High
руб676.90
52-wk Low
руб528.00

Latest Key Developments (Source: Significant Developments)

Telia sells 38.5 million shares in Megafon
Tuesday, 3 Oct 2017 02:08am EDT 

Oct 3 (Reuters) - Telia :Result of placing of ordinary shares in Megafon.Says ‍has agreed to sell an aggregate of 38.5 million ordinary shares in Megafon at a price of RUB 585 per ordinary share​.Says ‍raising gross proceeds of RUB 22,522 million (equivalent to approximately SEK 3.2 billion) with pro forma positive effect on net debt to EBITDA by approximately 0.1x​.Says ‍following completion of placing, Telia company owns approximately 19.0 percent of issued share capital of Megafon​.Says ‍transaction has no impact on Telia company's guidance for full year 2017​.  Full Article

Bookrunner says Megafon placing upsized to 38.5 million shares
Monday, 2 Oct 2017 08:12pm EDT 

Oct 2 (Reuters) - :Block trade - Megafon : bookrunner says deal upsized to 38.5 million shares; orders below rub 585 risk missing and books close at 8.00 pm.  Full Article

Bookrunner says books covered for Megafon placing
Monday, 2 Oct 2017 12:01pm EDT 

Oct 2 (Reuters) - :Block Trade - Megafon <<>> : bookrunner says books for share placement are covered; price guidance to come.  Full Article

Bookrunner says price guidance on Megafon placing is with reference to market
Monday, 2 Oct 2017 10:45am EDT 

Oct 2 (Reuters) - Megafon Pao ::Block trade-bookrunner-visibility on potential investor interest in excess of the megafon deal size, from imited market sounding exercise‍​.Block trade-bookrunner-price guidance on the placing is with reference to market.  Full Article

MegaFon says media speculations on possible resignation of CEO are inaccurate
Monday, 4 Sep 2017 01:01pm EDT 

Sept 4 (Reuters) - MegaFon Pao ::Megafon says "media speculations published today in russian business daily Vedomosti on possible resignation of company's ceo are inaccurate".  Full Article

Russia's Megafon posts 5.6 bln rbl net profit in Q2 before Euroset charge
Wednesday, 30 Aug 2017 02:00am EDT 

Aug 30 (Reuters) - Russian mobile operator Megafon says::Q2 net profit, attributable to equity holders of the company, excluding a non-cash impairment charge, decreased by 22.2 percent y-o-y to 5.6 billion roubles;.Writes-off a non-cash impairment charge in the amount of 15.9 billion roubles in connection with its investment in the Euroset joint venture;.Q2 revenue increased by 13.9 percent y-o-y to 89.7 billion roubles;​.Q2 OIBDA increased by 15.8 percent y-o-y to 34.2 billion roubles;​.Q2 OIBDA margin was 38.2 pct versus 37.5 pct in Q2 2016;​.Group free cash flow to shareholders increased by 100.5 percent y-o-y to 9.9 billion roubles;​.Reiterates its service revenue growth forecast for 2017 to be flat to low single digits and expects OIBDA to be in the range of 112-118 billion roubles;.Sees capital expenditures for 2017 in the range of 55-60 billion roubles.​.  Full Article

Veon and Megafon to end their Euroset JV
Wednesday, 12 Jul 2017 01:37am EDT 

July 12 (Reuters) - VEON LTD ::VEON AND MEGAFON <<>> TO END THEIR EUROSET JOINT VENTURE.MEGAFON WILL ACQUIRE PJSC VIMPELCOM’S 50% INTEREST IN EUROSET, RESULTING IN MEGAFON OWNING 100% OF EUROSET.‍PJSC VIMPELCOM WILL ACQUIRE HALF OF EUROSET'S RETAIL STORES​.  Full Article

Megafon confirms considering deal in relation to Euroset
Wednesday, 22 Mar 2017 03:24am EDT 

Megafon Pao :Can confirm it is considering potential deal in relation to investment in Euroset.  Full Article

Russia's Megafon says to consider masts sale in 2019
Thursday, 16 Mar 2017 05:40am EDT 

Megafon : Will consider sale of its mobile masts in 2019, Chief Operating Office Anna Serebryanikova said on Thursday. . Megafon will transfer more than 15,000 telecoms masts to one of its subsidiaries in summer 2017 before potential sale. . "In 2019 we'll be ready to consider offers (to sell the unit)," Serebryanikova told reporters. . Megafon announced in 2015 it was setting up a 100-percent subsidiary to own its mobile masts. Further company coverage: [MFON.MM] (Reporting by Anastasia Teterevleva) ((maria.kiselyova@thomsonreuters.com)).  Full Article

Megafon expects flat or low single digit growth in 2017 revenues
Thursday, 16 Mar 2017 03:12am EDT 

Megafon says: Q4 2016 net profit at 3.1 billion roubles ($53 million), down 42.3 percent year on year. . Q4 revenue at 81.3 billion roubles, down 0.8 percent year on year. . Q4 adjusted OIBDA at 29.1 billion roubles, down 1.6 percent year on year. . Q4 adjusted OIBDA margin at 35.7 percent versus 36.0 percent in Q4 2015. . Sees 2017 OIBDA at 112–118 billion roubles. . Sees 2017 capex at 55-60 billion roubles. . Expects flat or low single digit growth in 2017 revenues. Further company coverage: [MFON.MM] ($1 = 58.4687 roubles) (Reporting by Moscow Newsroom) ((maria.kiselyova@thomsonreuters.com)).  Full Article

BRIEF-Telia sells 38.5 million shares in Megafon

* Says ‍has agreed to sell an aggregate of 38.5 million ordinary shares in Megafon at a price of RUB 585 per ordinary share​

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