02.11.2017

Person Discharging Managerial Responsibilities ('PDMR') Shareholding

Mail.RuGroup Limited (LSE: MAIL, hereinafter referred as the 'Company' or the 'Group') announces that it was notified that on 2 November 2017 Denholma Limited, a PCA of Dmitry Grishin (a Chairman of the Board of Directors and PDMR) sold 4,717,879 Global Depositary Receipts ('GDRs') representing the Company's ordinary shares admitted to trading on the London Stock Exchange (ISIN US5603172082, Common Code: 055222126), and that Sang Hun Kim (Independent Director of the Company and PDMR) is to receive a cash-settled award of $ 465,775.30 under the Company's 2010 Option Plan.

The notification below, made in accordance with the requirements of the EU Market Abuse Regulation, provides further detail.

Notification and public disclosure of a transaction by PCA:

1.

Details of PDMR/PCA

a)

Name

Denholma Limited.

2.

Reason for the notification

a)

Position / status

PCA of Dmitry Grishin, Chairman of the Board of Directors.

b)

Initial notification / amendment

Initial notification.

3.

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

Mail.ru Group Limited.

b)

LEI

3.

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

a)

Description of the financial instrument

Global Depositary Receipts (ISIN: US5603172082, Common Code: 055222126) representing the Company's ordinary shares.

b)

Nature of the transaction

Disposal.
The transaction is not linked to the exercise of a share option programme.

c)

Price(s) and volume(s)

Price(s)

Volume(s)

USD 31.80

4,717,879

d)

Aggregated information

- Aggregated volume

- Price

N/A

e)

Date of the transaction

2017-11-02

f)

Place of the transaction

Main Market of the London Stock Exchange.
XLON

Notification and public disclosure of a transaction by PDMR:

1.

Details of PDMR/PCA

a)

Name

Sang Hun Kim.

b)

Position / status

Independent Director.

c)

Initial notification / amendment

Initial notification.

2.

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

a)

Description of the financial instrument

Global Depositary Receipts representing the Company's ordinary shares.

b)

Nature of the transaction

Cash-settled award of $ 465,775.30 under the Company's 2010 Option Plan.

c)

Price(s) and volume(s)

Price(s)

Volume(s)

Nil consideration

N/A

d)

Aggregated information

- Aggregated volume

- Price

- Total

$ 465,775.30

e)

Date of the transaction

2017-11-02 UTC.

f)

Place of the transaction

Outside a trading venue.

For Further Information Please Contact:

Investors

Matthew Hammond

E-mail: hammond@corp.mail.ru

Press

Olga Zyryaeva

E-mail: o.zyryaeva@corp.mail.ru

About Mail.Ru Group

Mail.Ru Group, international brand My.com (MAIL:LI, listed since November 5, 2010) is the largest internet Mail.Ru Group, international brand My.com (MAIL.IL, listed since November 5, 2010) is the largest internet business in Russia in terms of mobile daily audience (Mediascope Mobile Index, population aged 12-64 in the cities 100,000+, August 2017, Russia).

In line with the communitainment (communication plus entertainment) strategy, the company is developing an integrated communications and entertainment platform. The company owns Russia's leading email service and one of Russia's largest internet portals, Mail.Ru. The company operates three of the major Russian language social networks, VKontakte (VK), Odnoklassniki (OK) and Moi Mir (My World), and Russia's largest online games, including such gaming titles as Warface, Armored Warfare, Skyforge and Perfect World. The сompany's portfolio also includes a leading OpenStreetMap-based offline mobile maps and navigation service MAPS.ME, auto classifieds service Am.ru, instant messaging services ICQ, Agent Mail.Ru and TamTam, a mobile location based marketplace Youla, and a ride-sharing service BeepCar.

The Company owns 100% of mobile games developer Pixonic, and 100% of Delivery Club and ZakaZaka, two largest food delivery companies in Russia. Mail.Ru Group also holds equity stakes in a number of small venture capital investments in various Internet companies in Russia, Ukraine and Israel.

mail.ru Group Ltd. published this content on 02 November 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 02 November 2017 17:05:10 UTC.

Original documenthttps://corp.mail.ru/en/press/releases/10162/

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