JSC DIXY YUG ANNOUNCES THE RESULTS OF MANDATORY TENDER OFFER TO SHAREHOLDERS OF PJSC DIXY GROUP AND ITS INTENTION TO EXERCISE THE RIGHT TO BUYOUT THE REMAINING SHARES

OF PJSC DIXY GROUP

Moscow, Russia, May 22, 2018.

JSC DIXY Yug, PJSC DIXY Group's fully owned subsidiary, announces today the results of mandatory tender offer (MTO) to shareholders of PJSC DIXY Group and its intention to exercise the right to buyout the remaining shares of PJSC DIXY Group.

JSC DIXY Yug together with its affiliated parties crossed 95% threshold of total capital of PJSC DIXY Group in the course of share repurchase during MTO.

As a result of crossing the threshold JSC DIXY Yug gained a right for buyout of DIXY Group's remaining shares from shareholders.

According to the Russian legislation requirements (Article 84.8, Federal Law on Joint - Stock Companies), the Company could exercise its right within six-month period after the expiration of the MTO.

JSC DIXY Yug announces that it intends to exercise the right to buyout the remaining shares of PJSC DIXY Group within the legal time limit at a price of 340 Russian rubles per one ordinary share.

Note for editors:

PJSC DIXY Group (MOEX: DIXY) is one of Russia's leading retailers of foods and everyday products.

As of December 31, 2017 the Company operated 2,704 stores, including 2,534 DIXY convenience stores, 128 Victoria stores and 41 compact hypermarkets MegaMart and MiniMart.

The Company operates in Central, Northwestern, Volga and Urals federal districts of Russia, and in Kaliningrad and Kaliningrad region.

In 2017, the Company's total revenue amounted to RUB 282 billion.

PJSC DIXY Group shares are traded in Moscow Exchange since 2007.

Irina Karacharskova

Senior investor relations managerir@hq.dixy.ruhttp://www.dixygroup.com/

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OAO DIKSI Grupp published this content on 22 May 2018 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 22 May 2018 16:47:04 UTC