LONDON--(BUSINESS WIRE)--
HMS Group IR Release
Moscow
March 6, 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 – March 6, 2017 – HMS Group (LSE: HMSG) announces today that it has repurchased 10,673 of its global depositary receipts (“GDRs”) representing 0.05 percent of the Company’s issued share capital during the period from 27 February, 2017 up to and including March 3, 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 876,542 GDRs in total (representing 3.74 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: rybin@hms.ru
Inna Kelekhsaeva, Deputy Head of Capital markets, on telephone: +7 (495) 730-6601, or email: kelekhsaeva@hms.ru
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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