29.01.2015

HMS Group purchased Rub 1.9 bn bonds

Moscow, Russia – HMS Group (LSE: HMSG), the leading pump and compressor manufacturer as well as a provider of flow control solutions and related services to the oil and gas, nuclear and thermal power generation and water utilities sectors in Russia and the CIS, announces today that is has made a partial purchase of its Ruble bonds for Rub 1.9 bn excluding accumulated coupon interest.

This is the second prior redemption of series 02 Rub 3 bn bonds, with a 10.75% coupon rate, issued in February 2012 and matured in February 2015. The company made the first Rub 900 mn purchase in August 2014.

Though HMS Group made a public offer to acquire the outstanding securities for Rub 2.1 bn at 100% par value, it received claims only for Rub 1.9 bn.  The buy-back was financed by both HMS’ own funds and credit lines.  Raiffeisenbank acted as a purchase agent.

As a result of above actions, only Rub 177 mn bonds left to be redeemed on maturity date.

Mr. Kirill Molchanov, the co-founder and CFO of HMS Group, commented:

“HMS Group proved its impeccable credit quality and financial strength in a volatile economic environment.  Credit portfolio management is one of HMS’ priorities, and utilization of various financial instruments allows us to secure a more comfortable debt repayment schedule along with borrowing costs optimization”.

HMS Group is the leading pump and compressor manufacturer, as well as provider of flow control solutions and related services to the oil and gas, nuclear and thermal power generation and water utilities sectors in Russia and the CIS. HMS Group’s products are mission-critical elements of projects across a diverse range of industries. It has participated in a number of large-scale infrastructure projects in Russia, including providing pumps and modular equipment to the Vankor oil field and pumping stations on recent trunk pipelines projects linking Russia’s core oil producing areas to export ports on the Pacific Ocean and Baltic Sea. HMS Group’s global depositary receipts (“GDRs”) are listed under the symbol “HMSG” on the London Stock Exchange.

For further information, please contact:

Inna Kelekhsaeva
Deputy Head of Capital Markets
Tel: +7 (495) 730-66-01 x 1318
kelekhsaeva@hms.ru

Anna Obotnina
Head of Marketing Communications
Tel: +7 (495) 730-66-01 x 3304
obotnina@hms.ru