Moscow, 12 August 2024 – PJSC X5 Corporate Center (“X5” or the “Company”), a leading Russian food retailer that operates the Pyaterochka, Perekrestok and Chizhik retail chains, announces that it has sent a notification to its registrar in line with paragraph. 1.2 of the Decision of the Bank of Russia Board of Directors dated 26 April 2024 (“On Establishing the Procedure for Entry into Direct Ownership of Shares of an Economically Significant Organisation that is Acquiring Public Status by Persons Whose Rights to Shares of a Foreign Holding Company Admitted to Trading by a Russian Trade Organiser, or Whose Securities of a Foreign Issuer Certifying Rights to Shares of a Foreign Holding Company, are Recorded in Russian Depositories”).
This notification launches a special procedure for investors who hold shares or depositary receipts of X5 Retail Group N.V. through Russian depositories to enter into direct ownership of shares in PJSC X5 Corporate Center, as provided for in Part 7 of Article 7 of the Russian Federal Law No. 470-FZ of 4 August 2023 and the Decision of the Bank of Russia Board of Directors, mentioned above.