Following the respective agreement among all the parties involved, HRADF announces the postponement of the signing of the Share Purchase Agreement of 67% of ThPA S.A. to Thursday, December 21st at 18.00, for reasons of force majeure involving the Promsvyazbank Bank, namely the issuer of the transaction’s letter of guarantee.
The aforementioned option was unexpectedly and unpredictably imposed, due to a decision by the Central Bank of Russia to put the above bank under temporary administration.