FIX PRICE GROUP LTD. Fix Price Group Ltd. : announcement publication of the amended BVI Articles and Cyprus Articles which will be effective as of the Redomiciliation
Transparency directive : regulatory news
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Fix Price Group Ltd. (FIXP)
Fix Price Group Ltd announces publication of its amended BVI Articles and Cyprus Articles which will be effective as of the Redomiciliation
20 April 2022 - Fix Price (LSE and MOEX: FIXP, the "Company" or the "Group"), one of the leading variety value retailers globally and the largest in Russia, announces that as part of the Company's redomicilation from the British Virgin Islands to Cyprus (the "Redomiciliation"), on 30 March 2022, the Extraordinary General Meeting of Shareholders of the Company approved (i) amendments to the Company's existing BVI Memorandum and Articles of Association regarding the par value of the Company's shares ("Amended BVI Articles") and (ii) the Company's new Memorandum and Articles of Association under Cypriot law, which will come into effect upon the Redomiciliation ("Cyprus Articles").
In accordance with the Listing Rule 14.3.6, electronic copies of the Amended BVI Articles and the Cypriot Articles have been submitted to the National Storage Mechanism and will shortly be available at https://data.fca.org.uk/#/nsm/nationalstoragemechanism.
Also, the Amended BVI Articles and the Cyprus Articles are available on the Company's website at https://ir.fix-price.com/investors/regulatory_disclosure/corporate_documents/.
About the Company Fix Price (LSE and MOEX: FIXP), one of the leading variety value retailers globally and the largest in Russia, has helped its customers save money every day since 2007. Fix Price offers its customers a unique and constantly refreshed product assortment of non-food goods, personal care and household products and food items at low fixed price points. As of 31 December 2021, Fix Price operates 4,904 Fix Price stores in Russia and neighbouring countries, all of them stocking approximately 2,000 SKUs across around 20 product categories. As well as its own private brands, Fix Price sells products from leading global names and smaller local suppliers. The Company operates 8 DCs covering 79 regions of Russia and 6 countries. In 2021, the Company recorded revenue of RUB 230.5 billion, EBITDA of RUB 44.2 billion and net profit of RUB 21.4 billion, in accordance with IFRS.
Contacts
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| ISIN: | US33835G2057 |
| Category Code: | MSCH |
| TIDM: | FIXP |
| LEI Code: | 549300EXJV1RPGZNH608 |
| Sequence No.: | 156577 |
| EQS News ID: | 1331279 |
| End of Announcement | EQS News Service |
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