LSR Group executes put option for its Series-04 bonds
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31 October 2014
OJSC LSR Group (LSE: LSRG; MOEX: LSRG) completed buy-back of its Series-04 interest-bearing non-convertible bonds with mandatory safekeeping.
The bonds were bought back in accordance with the Public Offer as of 16 October 2014.
Identification number 4-04-55234-Е as of 02.11.2011.
The total amount of series 04 bonds submitted was 2,083,347. The total amount of transaction was RUB 2,083,388,666.94 including the accrued interest.
Notes to Editors:
OJSC LSR Group is a real estate development and building materials company founded in 1993 and operating in a number of complementary market segments. Its core business areas are production of building materials, real estate development and panel construction. LSR Group's main operations are located in St. Petersburg, Moscow and Yekaterinburg. As of 31 December 2013 (according to DTZ), the net sellable area of the projects in LSR Group’s real estate portfolio is equal to 7.8m m2 with the market value of RUB 117bn. In 2013, the sales revenue of LSR Group amounted to RUB 65.316m (IFRS). LSR Group is a public company, with its GDRs traded on the London Stock Exchange and its ordinary shares traded on Moscow Exchange.
For more information please contact:
LSR Group Press Service
Tel.: +7 812 333 11 11
Fax: +7 812 458 83 72
E-mail: press@lsrgroup.ru
www.lsrgroup.ru