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Lenta IPJSC (LNTA;LENT)
Press Release | St. Petersburg | 28 March 2023
Lenta Announces the Holding of the Board of Directors Meeting
St. Petersburg, Russia, 28 March: Lenta IPJSC (LSE: LNTA, MOEX: LENT), one of the largest multi-format retail chains in Russia, today announces the holding of the Board of Directors meeting on 27 March 2023. The agenda of the meeting:
1.2. Report of the Chairwoman of the Nominations Committee. 1.3. Report of the Chairman of the Operations and CAPEX Committee. 1.4. Report of the Chairman of the Audit Committee.
For further information, please contact:
About LentaLenta IPJSC (LSE: LNTA, MOEX: LENT) is a leading Russian multi-format food and FMCG retailer. The company operates hypermarkets, supermarkets, and a new proximity store format under the brand Mini Lenta. It also provides customers the option to shop online via its own Lenta Online services, Online Partners and the Utkonos platform. Lenta is Russia’s largest hypermarket operator and the fourth largest food retailer overall by Sales. The company was founded in 1993 in St. Petersburg and as of 31 December 2022, operated 259 hypermarkets and 561 supermarkets and Lenta Mini stores in over 200 cities and towns across Russia, with almost 1.79 million square meters of Selling Space. The average Lenta hypermarket has approximately 5,500 square meters of Selling Space, the average Lenta supermarket has 800 square meters, and the Mini Lenta format is 500 meters on average. The company operates 14 distribution centers to supply all its stores. 2022 Revenues were RUB 537 billion (approximately USD 7.6 billion).
Dissemination of a Regulatory Announcement, transmitted by EquityStory RS. The issuer is solely responsible for the content of this announcement. |
| ISIN: | US52634T2006, US52634T1016 |
| Category Code: | MSCM |
| TIDM: | LNTA;LENT |
| LEI Code: | 213800OMCE8QATH73N15 |
| Sequence No.: | 233220 |
| News ID: | 1594563 |
| End of Announcement | EquityStory RS News Service |
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