24th Apr 2017 09:54
HMS Group IR Release
Moscow
April 24, 2017
HMS Hydraulic Machines & Systems Group plc
(the “Company”, and together with its subsidiaries, the “HMS Group”)
HMS Group Buy-back Programme Results
Moscow, Russia – April 24, 2017 – HMS Group (LSE: HMSG) announces today that it has repurchased 27,020 of its global depositary receipts (“GDRs”) representing 0.12 percent of the Company’s issued share capital during the period from April 17, 2017 up to and including April 21, 2017.
The Company is currently in a closed period; these purchases were made by the Company’s broker, Renaissance Capital, pursuant to an irrevocable instruction from the Company prior to commencement of the closed period.
Since the start of the programme, the Company has repurchased 903,562 GDRs in total (representing 3.86 percent of its issued share capital).
For more information, please, contact:
Alexander Rybin, Head of Capital markets, on telephone: +7 (495) 730-6601, or email: [email protected]
Inna Kelekhsaeva, Deputy Head of Capital markets, on telephone: +7 (495) 730-6601, or email: [email protected]
About HMS Group
HMS Group is the leading pump and compressor manufacturer, as well as provider of flow control solutions and related services for the oil and gas, petrochemistry, nuclear and thermal power generation, water and wastewater sectors in Russia and the CIS headquartered in Moscow, Russia. HMS Group’s products are mission-critical elements of projects across a diverse range of industries. HMS has a listing on the London Stock Exchange in the form of global depositary receipts (LSE: HMSG).
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