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SberBank: Sber divesting MF Technologies

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Sberbank (SBER)
SberBank: Sber divesting MF Technologies

12-Nov-2021 / 22:22 MSK
Dissemination of a Regulatory Announcement that contains inside information according to REGULATION (EU) No 596/2014 (MAR), transmitted by EQS Group.
The issuer is solely responsible for the content of this announcement.


Sber divesting MF Technologies

November 12, 2021

Sber announces the signing of legally binding documents to sell 36% of shares in MF Technologies, which controls 57.3% of Mail.Ru Group Limited (VK) voting shares, to Gazprombank. The value of the deal will be RUB 12.8 bn.

MF Technologies is a joint venture with the mission to implement projects in the digital economy field.

The deal is scheduled to be closed in the fourth quarter of 2021 after all the approvals are obtained.


ISIN: US80585Y3080, RU0009029540, RU0009029557, US80585Y4070
Category Code: MSCM
TIDM: SBER
LEI Code: 549300WE6TAF5EEWQS81
OAM Categories: 3.1. Additional regulated information required to be disclosed under the laws of a Member State
Sequence No.: 126769
EQS News ID: 1248844

 
End of Announcement EQS News Service

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