Ad-Hoc Notice
Moscow, Russia, 30 November 2020 – Board of Directors and Management Board of Detsky Mir PJSC (“Detsky Mir” or the “Company”, MOEX: DSKY), Russia’s largest specialized children’s goods retailer, have noted the news reports about the proposal by Altus Capital (“Altus”) to the shareholders of the Company to acquire 29.9% of the Company’s share capital.
Board of Directors and Management Board of the Company have not had any prior discussions with Altus about a possible transaction with the Company’s shares, have not solicited any offers from it, and do not have any information about Altus’s intentions and views with respect to the Company and the stake in the Company that it plans to acquire. We shall provide further updates to the public on this situation in due course once we have additional information.
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The Detsky Mir Group of Companies (MOEX: DSKY) is an omnichannel retailer and the leader in the children’s goods sector in Russia. The Group comprises the Detsky Mir and the Detmir Pickup retail chains, the detmir.ru online store and marketplace, as well as the Zoozavr pet supplies retail chain. The Company operates a retail chain of 805 Detsky Mir stores located in 319 cities in Russia, Kazakhstan and Belarus, 13 Detmir Pickup stores, as well as 14 Zoozavr stores as of 30 November 2020. The total selling space was approximately 872,000 square meters.
Detsky Mir Group’s shareholder structure as of the date of this announcement is as follows: Detsky Mir Group’s shareholder structure as of the date of this announcement is as follows: Free float[1] – 100%.
Websites: detmir.ru, ir.detmir.ru.
([1]) Excluding quasi-treasury shares and shares held by management and directors (0.8% of total shares).