LSR Group (LSE: LSRG; MICEX-RTS: LSRG) received a notification from CJSC MICEX Stock Exchange about including Series-03 bonds of OJSC LSR Group into the Quotation list “A1”. According to the notification, interest-bearing non-convertible bonds redeemed at the request of the owners and at the discretion of the issuer (identification number of the issue is 4-03-55234-E as of November, 2, 2011) have been included into the Quotation list "A1" of the MICEX Stock Exchange.
The decision to place bonds was approved by the Board of Directors of LSR Group. The proceeds from the placement will be used for refinancing and financing of the company’s investment projects.
Lead manager: URALSIB Financial Corporation Note to Editors: OJSC LSR Group is a real estate development and building materials company founded in 1993 and operating in a number of complementary market segments. Its core business areas are production of building materials, real estate development and panel construction. LSR Group's main operations are located in St. Petersburg, Moscow and Yekaterinburg. As of 31 December 2011 (according to Cushman & Wakefield Russia), the net sellable area of the projects in LSR Group’s real estate portfolio is equal to 8.4m m2 with the market value of RUB 124bn. In 2011, the sales revenues of LSR Group were RUB 51,910m (IFRS). LSR Group is a public company, with its GDRs traded on the London Stock Exchange and its ordinary shares traded on MICEX-RTS.
For more details please contact: LSR Group Press Service Tel.: +7 812 314 10 44 Fax: +7 812 458 83 72 E-mail: press@lsrgroup.ru www.lsrgroup.ru
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