Fix Price Group PLC / US33835G2057

19.07.2024 - 18:00:04

Fix Price Group Plc announces intended cancellation of GDRs listing on the London Stock Exchange

Fix Price Group PLC (FIXP)

19-Jul-2024 / 19:00 MSK

FIX PRICE GROUP PLC ANNOUNCES INTENDED CANCELLATION OF GDRS LISTING ON THE LONDON STOCK EXCHANGE 19 July 2024 – Fix Price (LSE and MOEX: FIXP, AIX: FIXP.Y, “Fix Price”, the “Company” or the “Group”), one of the leading variety value retailers globally and the largest in Russia, today announces its intention to remove its Regulation S (ISIN US33835G2057) and Rule 144A (ISIN US33835G1067) global depositary receipts, representing interests in the Company’s shares (the “GDRs”), from the Official List of the Financial Conduct Authority and to cancel the trading of GDRs on the Main Market of the London Stock Exchange with effect from 19 August 2024. The Company has recently reassessed the feasibility of the maintenance of listing of the GDRs on the London Stock Exchange and, having regard to the suspension of the GDRs’ admission to trading on the London Stock Exchange since 3 March 2022 with no indication of the likely resumption in the near term, the Company concluded that the maintenance of such listing is not a strategic priority for the Company. The existing listing of the Company’s GDRs on the Astana International Exchange under the symbol “FIXP.Y” is expected to continue.

About the Company Fix Price (LSE and MOEX: FIXP, AIX: FIXP.Y), one of the leading variety value retailers globally and the largest in Russia, has been helping its customers save money every day since 2007. Fix Price offers its customers a unique and constantly updated assortment of non-food goods, including personal care and household products, and food items at low fixed price points. As of 31 March 2024, Fix Price was operating 6,545 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. As of 31 March 2024, the Company was operating 13 DCs covering 81 regions of Russia and 8 neighbouring countries. In 2023, the Company recorded revenue of RUB 291.9 billion, EBITDA of RUB 53.1 billion and net profit of RUB 35.7 billion, in accordance with IFRS.
Contacts	Fix Price Investor Relations	Fix Price Media Relations
	Elena Mironova ir@fix-price.com	Ekaterina Goncharova pr@fix-price.com

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