November 23, 2017 / 6:29 AM / in 24 days

BRIEF-Dixy Group board recommends shareholders to approve de-listing from Moscow Exchange

Nov 23 (Reuters) - DIXY GROUP

* BOARD APPROVES DE-LISTING OF COMPANY SHARES FROM MOSCOW EXCHANGE

* BOARD CALLED FOR AN EXTRAORDINARY GENERAL SHAREHOLDER’ MEETING IN THE FORM OF ABSENTEE VOTING TO BE HELD ON DECEMBER 25

* SETS SHARE BUYBACK PRICE FOR SHAREHOLDERS OPPOSING DE-LISTING AT RUB 340 PER SHARE

* BOARD ALSO AUTHORIZED DIXY YUG TO PURCHASE SHARES OF DIXY GROUP FROM MARKET FOR UP TO RUB 2 BILLION Source text: bit.ly/2iIKLMc

Further company coverage: (Gdynia Newsroom)

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