Date: 8 months ago   Category: Finance

"Subsidiary" of AFK "Sistema" has sold shares of MTS on 1,21 billion rubles according to the buy back — Rambler News Service program


Sistema Finance S.A AFK "Sistema" subsidiary. I have sold 4,739 million shares of MTS within implementation of the program of share repurchase of papers for 1,21 billion rubles, the press service of the company has reported. "PJSC AFK Sistema … reports that her Sistema Finance S.A subsidiary. I have sold 4 738 524 common stocks of PJSC MTS to subsidiary of MTS, LLC Bastion, within the program of redemption of stocks of MTS up to 30 billion rubles approved by the board of directors of MTS in June, 2018 and existing till July, 2020. The amount of transaction was about 1,21 billion rubles" — it is said in the statement. The press service has noted that the effective share of AFK "Sistema" in the capital of MTS has remained at the previous level and at the moment makes 50,0048%. On August 7 the company has reported about sale of 3,9 million stocks of MTS for 1,07 billion rubles. As the buyer and the seller the same organizations – LLC Bastion and Sistema Finance S.A have acted.

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