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AFK Sistema PAO (SSAq.L)

SSAq.L on London Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Russia's MTS recommends 2016 dividend payment of 15.6 roubles/share
Wednesday, 12 Apr 2017 09:45am EDT 

Russia's biggest mobile phone operator Mobile TeleSystems (MTS) : Says its Board of Directors recommended dividend payment of 15.6 roubles per share (31.2 roubles per ADR) for 2016; . The company's 2015 dividend payment was at 14.01 roubles per share. Further company coverage: [MTSS.MM] (Reporting by Moscow Newsroom) ((Polina.Devitt@thomsonreuters.com;)).  Full Article

Russia's Sistema approves final 2016 dividend, amends policy
Monday, 3 Apr 2017 03:25am EDT 

Russia's holding company Sistema says: The board of directors has recommended a final dividend for 2016 of 0.81 roubles ($0.0145) per share, or 7.8 billion roubles in total; . The total amount of the interim and final dividends for 2016 is expected to be 11.5 billion roubles, which is equivalent to a dividend yield of 6 percent based on Sistema's weighted average share price in 2016; . Sistema has adopted a new dividend policy targeting minimum annual dividend per share and minimum dividend yield; . On April 1, 2017, Sistema's board approved increases of minimum annual dividend yield to 6 percent from 4 percent and minimum dividend per share to 1.19 roubles from 0.67 roubles. Further company coverage: [AFKS.MM] ($1 = 56.0363 roubles) (Reporting By Moscow Newsroom) ((maria.kiselyova@thomsonreuters.com)).  Full Article

Russia's Sistema narrows net loss in Q4
Monday, 3 Apr 2017 03:14am EDT 

Russia's holding company Sistema says: Q4 2016 net loss attributable to Sistema at 15.9 billion roubles ($283.90 million) vs 18.4 bln roubles in Q4 2015; . Q4 adjusted net loss attributable to Sistema at 6.2 billion roubles (Q4 2015: 10 bln roubles); . Q4 adjusted OIBDA at 40.7 billion roubles, up 14.8 percent year on year; . Q4 revenue at 186.7 billion roubles, up 1.6 pct y/y; .Net debt at the Corporate Centre level amounted to 83.5 billion roubles as of Dec. 31, 2016..  Full Article

Russia's Detsky Mir plans RUB 3 bln bond issue in April
Wednesday, 22 Mar 2017 05:14am EDT 

:. Russia's toy seller Detsky Mir plans to return to the public debt market with bonds, according to materials for investors seen by Reuters .. Preliminary value of the bond issue is 3 billion roubles ($51.87 million), maturity period is 7 years .. Preliminary book-building is scheduled for the first decade of April .. Organizers of the placement are VTB Capital, Raiffeisenbank and Sberbank CIB .. The road show is planned for March 24 .. Detsky Mir could not be reached for comment For further company coverage [DSKY.MM] For the story in Russian, click [nL5N1GZ1S9] ($1 = 57.8355 roubles) (Reporting by Elena Orekhova in Moscow, translated by Gdynia newsroom) ((gdynia.newsroom@thomsonreuters.com; +48 58 772 0920;)).  Full Article

Russia's MTS posts 73 pct jump in Q4 net income
Tuesday, 21 Mar 2017 08:00am EDT 

Mobile TeleSystems (MTS) says: Q4 2016 net income up 73.2 percent year on year to 12.4 billion roubles ($216 million) . Q4 revenues up 0.2 percent year on year to 111.6 billion roubles . Q4 adjusted OIBDA down 3.8 percent year on year to 41.8 billion roubles . Q4 adjusted OIBDA margin at 37.4 percent vs 39.0 percent in Q4 2015 . Full-year 2016 revenue up 2.1 percent to 435.7 billion roubles; adjusted OIBDA down 4.4 pct to 169.3 bln roubles . FY 2017 outlook for revenue and adjusted OIBDA growth rate at +2 pct/-2 pct . FY 2017 capex estimated to trend downwards to 80 billion roubles (2016: 83.6 billion roubles) Further company coverage: [MBT.N] ($1 = 57.3830 roubles) (Reporting by Moscow Newsroom) ((moscow.newsroom@thomsonreuters.com)).  Full Article

Russia's Sistema to sell 0.8 pct of MTS to MTS subsidiary
Tuesday, 7 Mar 2017 07:05am EST 

Russian business conglomerate Sistema said: Sistema to sell 0.8 pct of MTS per tender offer . Sistema subsidiary Sistema Finance will sell 16,038,892 ordinary shares of MTS to MTS subsidiary Stream Digital for a total consideration of 4.65 billion roubles ($80 million) .As a result of the transaction, Sistema Group's effective stake in the share capital of MTS will remain unchanged at 50.03 pct.  Full Article

Russia's Detsky Mir says IPO raises 21.1 bln roubles
Wednesday, 8 Feb 2017 02:02am EST 

Detsky Mir says: Price of its shares in the initial public offering has been set at 85 roubles ($1.43) per share. . Total size of the offering is approximately 21.1 billion roubles ($354.78 million). . IPO implies a market capitalisation at the commencement of dealings of approximately 62.8 billion roubles ($1.06 billion). .Trading is expected to commence on February 10 under the ticker DSKY at the Moscow Exchange..  Full Article

Russia's MTS says to buy own shares at 270-290 roubles/shr
Wednesday, 1 Feb 2017 07:00am EST 

Mobil'nye Telesistemy Pao : Russia's MTS says to buy own shares at 270-290 roubles each - company filing Further company coverage: [MTSS.MM] (Reporting by Christian Lowe) ((christian.lowe@thomsonreuters.com;)).  Full Article

Russia's MTS to buy 1.5 mln own shares from market for $5.4 mln
Thursday, 1 Dec 2016 09:55am EST 

Mobile TeleSystems (MTS) says: A total of 1,510,414 shares of common Stock (including shares of common stock represented by ADSs) were properly tendered in its share buyback offer, based on the preliminary count. . The tender offer was not fully subscribed due to a rise in its share price on the market. . The offeror expects to accept for purchase a total of 1,510,414 shares of common Stock at a price per share of 229.0 roubles, for a total cost of 345,884,806 roubles ($5.41 million). . These shares represented approximately 0.08 percent of the company's issued share capital as of Sept. 30, 2016. . MTS does not drop plans to spend up to 30 billion roubles on repurchasing own shares over a three-year period. Further company coverage: [MBT.N] ($1 = 63.8900 roubles) (Reporting by Moscow Newsroom) ((maria.kiselyova@thomsonreuters.com)).  Full Article

BRIEF-Russia's MTS announces share buyback from market, parent
Monday, 31 Oct 2016 05:11am EDT 

Corrects 2nd bullet to clarify MTS plans to buy back up to 24.8 million shares from minority shareholders and around the same amount from Sistema.Mobile TeleSystems (MTS) says: Plans to buy back up to 4.93 billion roubles ($78.08 million) worth of own shares from the market; . Plans to buy back up to 24.8 million shares (around 1.24 percent) from minority shareholders for 4.93 billion roubles and buy back its shares from parent company Sistema on a pro-rata basis; . Says ordinary shares can be tendered within a price range of 199 roubles to 229 roubles. .The buyback programme to end before the end of 2016..  Full Article

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