Accumulating GDRs for Employee Motivation Purposes Group Limited (LSE: MAIL, hereinafter referred as “ Group” or the “Company”), one of the largest Internet companies in the Russian-speaking Internet market, today announces that Group’s Employee Benefit Trustees Limited (EBT), plan administrator and trustees of the Group’s Restricted Stock Unit (RSU) programme, which currently holds the authority to buy up to 2,000,000 Global Depositary Receipts (GDRs) from the market for the purposes of future employee motivation of the Group, is re-launching market participation.

EBT accumulated 572,437 GDRs in 2019 and hence has capacity to purchase an additional 1,427,563 GDRs. 

For further information please contact:

Tatiana Volochkovich
Phone: +7 495 725 6357 extension: 3434
Mobile: +7 905 594 6604

Sergei Luchin
Mobile: +7 (925) 347-83-81