Amsterdam, 3 August 2023 – X5 Group (“X5” or the “Company”, LSE and MOEX ticker: FIVE), a leading Russian food retailer that operates the Pyaterochka, Perekrestok and Chizhik retail chains, announces that it has approved and issued a prospectus for the Company’s Global Depositary Receipts (GDRs). The prospectus will be filed for registration with the Bank of Russia and released to the market following approval from the regulator.
With this step, X5 aims to secure uninterrupted admission to trading of its GDRs on Moscow Exchange by establishing an admission to trading that is not dependent on the Company’s listing and admission to trading on other trading venues. The Company does not expect any restrictions on trading in its GDRs on Moscow Exchange in connection with the prospectus registration process. No additional actions are required on the part of holders of the Company’s GDRs.