EQS-Regulatory: MegaFon appoints the Director for Consumer Business Development

Donnerstag, 08.12.2016 20:25 von DGAP - Aufrufe: 163

PJSC MegaFon / Miscellaneous - High Priority MegaFon appoints the Director for Consumer Business Development 08-Dec-2016 / 20:23 CET/CEST Dissemination of a Regulatory Announcement, transmitted by EquityStory.RS, LLC - a company of EQS Group AG. The issuer is solely responsible for the content of this announcement.
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MegaFon appoints the Director for Consumer Business Development Moscow, Russian Federation (08 December 2016) - Public Joint Stock Company 'MegaFon' (LSE: MFON), a leading Russian telecommunications operator ('MegaFon' or the 'Company'), hereby announces the appointment of Mr. Mikhail Molotkov as Director for Consumer Business Development, who earlier served as Director of the Central Operations (Branch) of the Company. The designation will come into effect on 19 December 2016. The Company's Board of Directors at the meeting held on 07 December 2016 approved the resignation of Mr. Molotkov from the position of Director of the Central Operations (Branch) of MegaFon with effect from 16 December 2016. Over his 14 years at MegaFon, Mikhail has grown from VAS and Marketing Analysis Specialist to become Director of MegaFon's Central Operations (Branch). He has in-depth knowledge of the market along with understanding of the Company and its internal processes. Under Mikhail's management, MegaFon grew subscriber base in its Central Operations by almost 8%, significantly expanded 4G coverage, launched an LTE-Advanced network in Nizhny Novgorod and Tula and also became the first mobile operator in Russia to demonstrate speeds of some 5 Gbit/s in Nizhny Novgorod. Biography: Mikhail joined the Company in 2002 as a Lead Specialist in the VAS and Marketing Analysis Group. In 2004, he took charge of the Marketing and Advertising Department. In 2006, he was appointed Deputy Commercial Director responsible for Marketing. From 2009 to 2013, Mr. Molotkov was Commercial Director of the Central Branch. In 2013, he was appointed as Director for Consumer Business Development. Since February 2015, Mikhail has been Director of the Central Operations of MegaFon. He graduated with honours from the Nizhny Novgorod State Technical University's Higher School of Management and Technology with a degree in Economics and Enterprise Management. - end - For More Information: PJSC MegaFon Investors: Dmitry Kononov Tel: + 7 926 200 6490 dkononov@megafon.ru Director for Investor Relations and M&A Media: Peter Lidov Tel: + 7 926 200 6699 plidov@megafon.ru Director for Public Relations Notes to Editors MegaFon PJSC is a leading Russian integrated telecommunication service provider, operating in all segments of the telecommunications markets in Russia, and in the Republics of Abkhazia, South Ossetia and Tajikistan. MegaFon is a recognized market leader in the provision of mobile data services, was the first operator in Russia to launch commercial operation of a third generation (3G) network and was the first operator in the world to launch commercial operation of an LTE-Advanced (4G) data network. MegaFon is traded on the Moscow Exchange and the London Stock Exchange under the symbol MFON. Additional information about MegaFon and the products and services provided by MegaFon can be found at: http:// www.megafon.ru Cautionary Statement Regarding Forward Looking Statements Some of the information in this document may contain or refer to projections or other forward-looking statements regarding future events or the future financial performance of the Company. You can identify forward looking statements by terms such as 'expect', 'believe', 'anticipate', 'estimate', 'forecast', 'intend', 'will', 'could', 'may', or 'might' the negative of such terms or other similar expressions. The Company wishes to caution you that these statements are only predictions, and are based upon various assumptions which are inherently subject to significant uncertainties and contingencies which are difficult or impossible to predict and are beyond our control. We may not achieve or accomplish these plans or predictions. The Company does not necessarily intend to update these statements to reflect events and circumstances occurring after the date hereof or to reflect the occurrence of unanticipated events. Many factors could cause the actual results to differ materially from those contained in projections or forward-looking statements of the Company, including, among others, general economic conditions, the competitive environment, risks associated with operating in Russia, rapid technological and market change in the industries in which the Company operates, as well as many other risks specifically related to the Company and its business and operations. Statement Regarding Inside Information Some of the information in this document may be inside information. The subject matter, the identity of the issuer, the identity of the persons making the notification and their titles, and the date and time of the notification are all as set forth above.
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The EquityStory.RS, LLC Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.dgap.de/ukreg
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Language: English Company: PJSC MegaFon 30, Kadashevskaya Emb. 115035 Moscow Russia Phone: +7 (499) 755 2155 Fax: +7 (499) 755 2175 E-mail: info@megafon.ru Internet: www.megafon.ru ISIN: US58517T2096, RU000A0JS942 WKN: A1J8Y3 Listed: Regulated Unofficial Market in Berlin, Munich, Stuttgart; Open Market in Frankfurt ; London Category Code: MSCH TIDM: MFON Sequence Number: 3667 Time of Receipt: 08-Dec-2016 / 20:23 CET/CEST End of Announcement EquityStory.RS, LLC News Service
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528189 08-Dec-2016
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