21 April 2020

1Q 2020 trading update and conference call

St-Petersburg, Russia; 21 April, 2020 – Lenta PLC, (LSE, MOEX: LNTA) (“Lenta”), one of the largest retail chains in Russia, is pleased to announce it will release its consolidated sales and operating results for the first quarter of 2020 on 23rd April 2020. Lenta will also host an Analyst and Investor Conference Call on the same day to discuss the results.

Conference call details:

Date: Thursday, 23rd April 2020

Time: 17:00 (Moscow time), 15:00 (UK time); 10:00 (EST time)

Speakers:
Herman Tinga, Chief Executive Officer
Rud Pedersen, Chief Financial Officer
Maria Rybina, Head of Investor Relations

To participate in the conference call, please dial:

Russia

  • +7 499 500 5637 (Local access)
  • 8 800 301 6992 (Toll free)

UK

  • +44 (0)208 089 4223 (Local access)
  • 0 800 029 18 56 (Toll free)

USA

  • +1 334-777-6981 (Local access)
  • 800-368-1029 (Toll free)

Conference ID: 888106 or quote the conference call title: “Lenta Q1 2020 Operating Results

The consolidated sales and operating results for the first quarter of 2020 and respective presentation will be published at 10:00am Moscow time (08:00am UK time) and will be available at www.lentainvestor.com

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

Lenta
Maria Rybina,
Head of Investor Relations
+7 812 363 28 44
maria.rybina@lenta.com


About Lenta
Lenta is the largest hypermarket chain in Russia and the country’s fourth largest retail chain. The Company was founded in 1993 in St. Petersburg. Lenta operates 249 hypermarkets in 88 cities across Russia and 131 supermarkets in Moscow, St. Petersburg, and the Siberia, Urals and Central regions, with a total of approximately 1,489,497 sq.m. of selling space. The average Lenta hypermarket store has selling space of approximately 5,500 sq.m. The average Lenta supermarket store has selling space of approximately 840 sq.m. The Company operates 12 distribution centers.

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 50,509 people as of 30 June 20191.

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 Severgroup, which is 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 FTE (full-time equivalent). Average FTE for FY2019 was 51,908 employees