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Lenta

October 27, 2015

Lenta wins Best Annual Report Award

St-Petersburg, Russia; 27 October 2015–Lenta, (LSE, MOEX: LNTA), one of the largest retail chains in Russia, is pleased to announce that the Company was awarded “The best annual report in the consumer sector of the economy 2015” at the XVIII MoEx Annual Report Competition. Lenta was short-listed in this category along with Etalon Group, X5 Retail Group, MD Medical Group and Rusagro Group.

The Annual Report Competition is one of the most important investor relations events in Russia, aimed at encouraging effective disclosure and a high level of transparency in company reporting. The award is organised by MoEx and “RCB Media Group” with 149 companies taking part in the competition this year.

Lenta’s Chief Executive Officer, Jan Dunning said:

"We are proud that our Annual Report has been recognised by the MoEx Award. Lenta is committed to uphold the highest standards of corporate governance – including transparent, innovative and responsible reporting to our shareholders, customers and employees.”

About Lenta

Lenta is one of the largest retail chains in Russia and the country’s second largest hypermarket chain (in terms of 2014 sales). The Company was founded in 1993 in St. Petersburg. Lenta operates 122 hypermarkets in 63[1] cities across Russia and 27 supermarkets in Moscow, with a total of approximately 787,804 sq.m of selling space. The average Lenta hypermarket store has selling space of approximately 6,200 sq.m. The Company operates six owned hypermarket distribution centres.

The Company’s price-led hypermarket formats are differentiated in terms of their promotion and pricing strategies as well as their local product assortment. The Company employed approximately 30,655 people as of 30 June 2015[2].

The Company’s management team combines a mix of local knowledge and international expertise coupled with extensive operational experience in Russia. Lenta’s largest shareholders include TPG Capital and the European Bank for Reconstruction and Development, both of which are committed to maintaining high standards of corporate governance. Lenta is listed on the London Stock Exchange and on the Moscow Exchange and trades under the ticker: ‘LNTA’.
[1] Lenta has changed methodology for calculating number of cities of presence and since 1 May 2015 all cities located in Moscow City and the Moscow region are shown as Moscow.
[2] FTE (full-time equivalent). Average FTE for 1H2015 was 29,776 employees.

A brief video summary on Lenta’s business and its Big Data initiative can be seen here.

For further information please visit www.lentainvestor.com, or contact:

Lenta
Anna Meleshina,
Public Relations & Government Affairs Director
Tel: +7 812 363 28 53
E-mail: anna.meleshina@lenta.com

Yana Mogileva, PR Manager
Òel:+7 (812) 336 39 97
E-mail: yana.mogileva@lenta.com

Instinctif Partners
International Media:
Mark Walter and Saule Jandossova
Òel:+44 (0)20 7457 2020
E-mail: Lenta@instinctif.com

Primum
Russian Media:
Alexandra Semenova and Marina Shvyrkova
Òel: +7 903 591 1519
E-mail: Lenta@primum.ru

 

 

 

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