Lenta IPJSC: Lenta Announces the Holding of the Board of Directors Meeting (1462393)
October 12 2022 - 11:00AM
UK Regulatory
Lenta IPJSC (LNTA;LENT) Lenta IPJSC: Lenta Announces the Holding
of the Board of Directors Meeting 12-Oct-2022 / 18:00 CET/CEST
Dissemination of a Regulatory Announcement, transmitted by EQS
Group. The issuer is solely responsible for the content of this
announcement.
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Press Release | St. Petersburg | 12 October 2022
Lenta Announces the Holding of the Board of Directors
Meeting
St. Petersburg, Russia, 12 October 2022: Lenta IPJSC (LSE: LNTA,
MOEX: LENT), one of the largest multi-format retail chains in
Russia, today announces the holding of the Board of Directors
meeting on 14 October 2022.
The agenda of the meeting: 1. Approval of transaction of the LLC
Lenta. 2. Approval of the resolution on voluntary liquidation of
the LLC "Vostorg".
For further information, please contact:
Lenta Lenta
Tatyana Vlasova Mariya Filippova
Head of Investor Relations Head of Public Relations and Government Affairs
tatyana.vlasova@lenta.com maria.filippova@lenta.com About Lenta
Lenta IPJSC (LSE: LNTA, MOEX: LENT) is a leading Russian
multi-format food and FMCG retailer. The Company operates
hypermarkets, supermarkets, and recently launched a new proximity
store format under the brand Mini Lenta. It also provides customers
the option to shop online via its own Lenta Online services, Online
Partners and the Utkonos platform. Lenta is Russia's largest
hypermarket operator and the fourth largest food retailer overall
by Sales. The Company was founded in 1993 in St. Petersburg and as
of June 30, 2022, operated 254 hypermarkets and 555 supermarkets
and Lenta Mini stores in over 200 cities and towns across Russia,
with almost 1.78 million square meters of Selling Space. The
average Lenta hypermarket has approximately 5,500 square meters of
Selling Space, the average Lenta supermarket has 800 square meters,
and the Mini Lenta format is 500 meters on average. The Company
operates 14 distribution centers to supply all its stores. 2021
Revenues were RUB 484 billion (approximately USD 6.5 billion).
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ISIN: US52634T2006, US52634T1016
Category Code: MSCL
TIDM: LNTA;LENT
LEI Code: 213800OMCE8QATH73N15
Sequence No.: 194161
EQS News ID: 1462393
End of Announcement EQS News Service
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October 12, 2022 12:00 ET (16:00 GMT)
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