News

Sistema Finance sells 8.1m MTS shares as part of share buyback program

Sistema Finance S.A. sold 8,138,237 ordinary shares of PJSC MTS (hereinafter, “MTS”) to a subsidiary of MTS, LLC Stream Digital (“the Purchaser”), as part of the MTS share buyback programme (“the Programme”), which was approved by the Board of Directors of MTS in April 2016 and will be effective until April 2019. The amount of […]

Sistema Finance sells 8.5m MTS shares as part of share buyback program

Sistema Finance S.A. sold 8,456,757 ordinary shares of PJSC MTS (hereinafter, “MTS”) to a subsidiary of MTS, LLC Stream Digital (“the Purchaser”), as part of the MTS share buyback programme (“the Programme”), which was approved by the Board of Directors of MTS in April 2016 and will be effective until April 2019. The amount of […]

Sistema Finance sells 0.80% of MTS shares in connection with tender offer

Sistema Finance S.A. subsidiary of Sistema PJSFC (LSE: SSA, MOEX: AFKS), a Russian public diversified holding company, sold 16.038.892 ordinary shares of PJSC MTS (“MTS”) to MTS subsidiary Stream Digital, LLC (“the Purchaser”) in connection with the tender offer to purchase MTS shares (“the Tender Offer”) being carried out by the Purchaser, for a total […]

Sistema Finance sells parts of MTS in the form of American Depositary Shares

Sistema PJSFC announces that its subsidiary, Sistema Finance S.A., sold 12.697.918 American Depositary Shares of PJSC MTS (“MTS”), representing 1.27% of MTS’s share capital, to a non-affiliated buyer for a consideration of USD 100.4 million*. The transaction was executed in compliance with U.S. Securities and Exchange Commission Rule 144. Following this transaction, Sistema Group owns […]

Sistema Finance sells 1.45% of MTS in the form of American Depositary Shares

Sistema JSFC announces that on 23 June 2016 its subsidiary, Sistema Finance S.A., sold 14.965.592 American Depositary Shares of PJSC MTS (“MTS”), representing 1.45% of MTS’s share capital, to a non-affiliated buyer for a consideration of USD 123.5 million. The transaction was executed in compliance with U.S. Securities and Exchange Commission Rule 144. Following this […]