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AFK Sistema PAO (SSAq.L)

SSAq.L on London Stock Exchange

7.38USD
27 Sep 2016
Change (% chg)

$-0.21 (-2.77%)
Prev Close
$7.59
Open
$7.55
Day's High
$7.65
Day's Low
$7.38
Volume
433,668
Avg. Vol
326,177
52-wk High
$10.80
52-wk Low
$4.75

Latest Key Developments (Source: Significant Developments)

Russia's MTS says acquires Smarts Yoshkar-Ola for 41 million rbls
Tuesday, 20 Sep 2016 10:23am EDT 

Russia's MTS says: Says acquires 100 percent of regional mobile operator Smarts Yoshkar Ola's shares for 41 million roubles ($632,000) . The deal includes net debt of 27.7 million roubles Further company coverage: [MTSS.MM] ($1 = 64.8725 roubles) (Reporting By Moscow Newsroom) ((vladimir.soldatkin@thomsonreuters.com;)).  Full Article

Russia's Sistema sells its 50 pct stake in SG-trans
Wednesday, 31 Aug 2016 08:40am EDT 

AFK Sistema PAO says: Has completed a transaction to sell a 50 percent equity stake in SG-trans to a group of unaffiliated buyers for 6 billion roubles ($92 million). .The company will maintain ownership of a number of assets previously spun out of SG-trans, including SG-trading and real estate assets..  Full Article

Russia's Sistema says Q2 net profit at 149 mln roubles
Tuesday, 30 Aug 2016 03:20am EDT 

AFK Sistema PAO says: Q2 net profit at 149 million roubles (Q2 2015: 15.2 billion roubles); . Q2 OIBDA at 46.2 billion roubles (Q2 2015: 43.3 billion roubles); . Q2 revenue at 177.1 billion roubles (Q2 2015: 164 billion roubles); .Cash position at 38.8 billion roubles, excluding 8.5 billion roubles represented by deposits, as of June 30, 2016..  Full Article

Russia's MTS retires 68 mln treasury shares
Friday, 19 Aug 2016 10:36am EDT 

Mobile TeleSystems (MTS) : Announces the reduction of its authorized capital to 199.8 million roubles, which consists of 1,998,381,575 ordinary registered shares, from 206.6 million roubles, or 2,066,413,562 shares. . Says the cancellation of 68,031,987 treasury shares will take place before the end of August, 2016. .MTS held 67,995,335 of treasury shares subject to cancellation after the liquidation of its 100-percent subsidiary Mobile TeleSystems Bermuda Limited. The remaining 36,652 of treasuries belonged to MTS as a result of previous reorganization procedures..  Full Article

Russia's MTS says Q2 net profit almost halves, cuts fcast
Thursday, 18 Aug 2016 08:07am EDT 

Mobile TeleSystems (MTS) says: Q2 net profit fell 47 percent year on year to 9.1 billion roubles ($142.3 million); . Q2 adjusted OIBDA down 4.3 percent year on year to 40.9 billion roubles; . Q2 OIBDA margin at 37.8 percent versus 41.6 percent in Q2 2015; . Q2 revenue up 5.3 percent year on year to 108.1 billion roubles; . Cuts FY 2016 revenue growth forecast to 2-3 pct from more than 4 pct; . Lowers FY 2016 adjusted OIBDA outlook, sees it falling 4 pct (previous forecast: -2 pct to +1 pct). Further company coverage: [MBT.N] ($1 = 63.9650 roubles) (Reporting by Moscow Newsroom) ((maria.kiselyova@thomsonreuters.com)).  Full Article

Russia's MTS recommends H1 dividend of 11.99 roubles per share
Monday, 1 Aug 2016 05:41am EDT 

Mobile TeleSystems (MTS) says: The board of directors has recommended an interim dividend of 11.99 roubles ($0.1808) per share (23.98 roubles per ADR) on H1 2016 results. . Based on the recommendations, the total interim dividend payout may amount to 23.96 billion roubles. . Shareholders of record on the company's books as of Oct. 14, 2016, are entitled to the dividend. Further company coverage: [MBT.N] ($1 = 66.3000 roubles) (Reporting by Moscow Newsroom) ((maria.kiselyova@thomsonreuters.com)).  Full Article

Russia's Sistema buys 1.02 pct of its shares
Tuesday, 21 Jun 2016 08:00am EDT 

AFK Sistema says: Sistema's subsidiary, Sistema Finance JSC, has today completed the acquisition of 98,250,000 Sistema's ordinary shares, representing 1.02 percent of Sistema's share capital, for around 2.1 billion roubles ($32.7 million) from a non-affiliated seller. . The shares were purchased for general corporate purposes, including the employee incentive programme. .As a result of this transaction, the number of Sistema shares held by Sistema Group amounts to 2.7 percent of the company's total share capital..  Full Article

Russia's MTS signs software supply agreement with Ericsson
Thursday, 16 Jun 2016 03:15am EDT 

Mobile TeleSystems (MTS) says: Signed agreement with telecoms equipment maker Ericsson for supplies of software to modernise MTS network until 2019; . Extends existing contract with Ericsson by 3 years, MTS purchases of Ericsson equipment and services could total 1.82 bln euros in 2008-2019. (Reporting by Moscow Newsroom) ((jack.stubbs@thomsonreuters.com; +44 2075 427 477; Reuters Messaging: jack.stubbs.thomsonreuters.com@thomsonreuters.net)).  Full Article

Russia's Sistema says Q1 net profit at 2.5 bln roubles
Thursday, 2 Jun 2016 03:24am EDT 

AFK Sistema says: Q1 net income attributable to the group at 2.5 billion roubles ($37.5 million) vs 31.5 billion roubles in Q1 2015 due to a gain of 35 billion roubles recognised in the first quarter of 2015 as a result of the Ural Invest settlement. . Adjusted net income attributable to Sistema improved as compared to an adjusted net loss of 2.7 billion roubles in Q1 2015, mainly due to foreign exchange gains. . Q1 revenues rose 3.3 percent year-on-year to 173.3 billion roubles. .Q1 adjusted OIBDA flat year-on-year at 44.3 billion roubles..  Full Article

Russia's MTS posts 33 pct rise in Q1 net profit
Thursday, 19 May 2016 08:00am EDT 

Mobile TeleSystems (MTS) says: Q1 net income at 14.5 billion roubles ($218.3 million), up 33.3 percent year-on-year; . Q1 revenues at 108.1 billion roubles, up 7.9 percent year-on-year; . Q1 adjusted OIBDA at 41.3 billion roubles, flat year-on-year; . Q1 OIBDA margin at 38.2 percent vs 41.2 percent in Q1 2015; . Free cash flow at 20.5 billion roubles, up 37 percent year-on-year; . Confirms 2016 forecast for revenue growth in excess of 4 percent, change in adjusted OIBDA of -2 percent to +1 percent, capital expenditures of 85 billion roubles; . The board of directors has approved a three-year share buyback programme for up to 30 billion roubles. Further company coverage: [MBT.N] ($1 = 66.4305 roubles) (Reporting by Moscow Newsroom) ((moscow.newsroom@thomsonreuters.com)).  Full Article

Russian conglomerate Sistema returns to profit in first quarter

MOSCOW Russia's Sistema conglomerate reported on Thursday a 2.5 billion ruble ($37 million) net income for the first quarter compared to an underlying net loss a year ago, helped by a foreign exchange gain.