Sistema Makes Update on Implementation of Buyback Programme
OREANDA-NEWS. August 07, 2012. Sistema JSFC ("Sistema" or the "Company") (LSE: SSA), the largest diversified publicly-traded investment company in Russia and the CIS, today announces that during the period of July 23 - August 1, 2012 it has purchased 513,089 Sistema Global Depository Receipts (which accounts for approximately 0.11% of the Company's charter capital) and 1,789,300 Sistema ordinary shares (which accounts for approximately 0.02% of the Company's charter capital), reported the press-centre of Sistema.
The depository receipts and ordinary shares were purchased within the framework of the Company's buyback programme, announced on May 31, 2012.
The Company is not an investment company, and is not and will not be registered as such, under the U.S. Investment Company Act of 1940.
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