X5 Retail Group N.V (FIVE) - X5 Announces Extraordinary General Meeting
RNS Number : 6262P
X5 Retail Group N.V.
26 October 2012
X5 RETAIL GROUP ANNOUNCES EXTRAORDINARY GENERAL MEETING
Amsterdam, 26 October 2012 - X5 Retail Group N.V. (the "Company"), Russia's
largest retailer in terms of sales, invites its shareholders and holders of
global depository receipts to its extraordinary general meeting of
shareholders (the "EGM") to be held at Parkstraat 20, 2514 JK The Hague, The
Netherlands at 11.00 am CET on 7 December 2012. The record date for the EGM is
9 November 2012.
The main item on the agenda is the proposed amendment of the Articles of
Association of the Company. Explanatory notes to the EGM agenda, as well as
the draft Deed of Amendment of the Articles of Association, are available at
For further details please contact
Gregory Madick Vladimir Rusanov
Executive IR Director Acting Head of PR Department
Tel.: +7 (495) 502-9783 Tel.: +7 (495) 662-8888, ext. 31 328
e-mail: gregory.madick@X5.ru e-mail: vladimir.rusanov@X5.ru
Note to Editors:
Headquartered in Moscow, X5 Retail Group (LSE: FIVE, Moody's - "B2", S&P -
"B+") is Russia's largest retailer in terms of revenue. The Company operates
several retail formats: the soft discounter chain under the Pyaterochka brand,
the supermarket chain under the Perekrestok brand, the hypermarket chain under
the Karusel brand, the online retail channel under E5.ru brand and convenience
stores under various brands.
As at 30 September 2012, X5 had 3,472 Company-operated stores. It has the
leading market position in both Moscow and St. Petersburg and a significant
presence in the European part of Russia. Its store base includes 2,936 soft
discounter stores, 350 supermarkets, 76 hypermarkets and 110 convenience
stores. The Company operates 28 DCs and 1,841 Company-owned trucks across the
X5 is run on an SAP platform.
As at 30 September 2012, X5's direct franchisees operated 404 stores across
As at 30 September 2012, the number of X5 employees totaled 102 thousand.
For the full year 2011, net sales totaled USD 15,455 mln, EBITDA reached USD
1,130 mln, and net profit amounted to USD 302 mln. For the first half 2012,
net sales totaled USD 7,859 mln, EBITDA reached USD 554 mln and net profit
amounted to USD 135 mln.
X5 Shareholder structure is as follows: Alfa Group - 47.86%, founders of
Pyaterochka - 19.85%, X5 Directors- 0.13%, treasury shares - 0.11%, free
float - 32.05%.
Forward looking statements:
This announcement includes statements that are, or may be deemed to be,
"forward-looking statements". These forward-looking statements can be
identified by the fact that they do not only relate to historical or current
events. Forward-looking statements often use words such as "anticipate",
"target", "expect", "estimate", "intend", "expected", "plan", "goal",
"believe", or other words of similar meaning.
By their nature, forward-looking statements involve risk and uncertainty
because they relate to future events and circumstances, a number of which are
beyond X5 Retail Group N.V.'s control. As a result, actual future results may
differ materially from the plans, goals and expectations set out in these
Any forward-looking statements made by or on behalf of X5 Retail Group N.V.
speak only as at the date of this announcement. Save as required by any
applicable laws or regulations, X5 Retail Group N.V. undertakes no obligation
publicly to release the results of any revisions to any forward-looking
statements in this document that may occur due to any change in its
expectations or to reflect events or circumstances after the date of this
This information is provided by RNS
The company news service from the London Stock Exchange
NOEUNRWRUWARURA -0- Oct/26/2012 08:24 GMT
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