PJSC “Research and production corporation “United Wagon Company” (“UWC” or the Company) (MOEX: UWGN) announces the latest changes to its ownership structure reported by its shareholders.

The indirect share in the Company held by ICT Group Ltd upon completion of its repurchase transaction with Sberbank stands at 9.5%.

Bank Otkritie Financial Corporation PJSC reports its consolidated indirect share to account for 24.2% of the Company’s statutory capital (as at 05/06/2018). Separate stakes held in UWC by asset management companies managing the shares in favour of private pension funds controlled by Bank Otkritie Financial Corporation were disclosed earlier. These asset managers are Navigator AM LLC, Management-consulting LLC and KAPITAL ASSET MANAGEMENT LLC previously classified as “other strategic investors”. Their stakes were consolidated for the purposes of presentation in the ownership structure based on the data obtained from official sources.

The Company’s updated ownership structure is available on the website.