Lenta IPJSC: Lenta Announces the Holding of the Board of Directors Meeting
February 20 2023 - 4:00AM
UK Regulatory
Lenta IPJSC (LNTA;LENT) Lenta IPJSC: Lenta Announces the Holding
of the Board of Directors Meeting 20-Feb-2023 / 10:00 CET/CEST
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Press Release | St. Petersburg | 20 February 2023
Lenta Announces the Holding of the Board of Directors
Meeting
St. Petersburg, Russia, 20 February: 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 22 February 2023.
The agenda of the meeting: 1. On recommendations issued by the
Operations and CAPEX Committee of the Company's Board of
Directors.
For further information, please contact:
Lenta Lenta
Tatyana Vlasova Mariya Filippova
Head of Investor Relations Head of Public Relations and Government Affairs
tatyana.vlasova@lenta.com maria.filippova@lenta.com About Lenta Lenta 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).
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ISIN: US52634T2006, US52634T1016
Category Code: MSCL
TIDM: LNTA;LENT
LEI Code: 213800OMCE8QATH73N15
Sequence No.: 224184
News ID: 1563345
End of Announcement EquityStory RS News Service
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(END) Dow Jones Newswires
February 20, 2023 04:00 ET (09:00 GMT)
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