26.05.2017

HMS Group Signs US$ 415M Agreement with Gas Processing Plant

Moscow, Russia – May 26, 2017 - HMS Group (LSE: HMSG) announces today that it has entered into an agreement for the supply in 2018-2020 of various equipment for reconstruction of technological facilities of a Gas Processing Plant located in the European part of Russia, with an aggregate purchase price of up to Rub 23.3 billion (c. US$ 415 million). The agreement remains subject to payment of advance by the buyer and further clarification of the scope of the equipment, terms of delivery and certain other conditions.

For more information, please, contact:

Inna Kelekhsaeva  
Deputy Head of Capital markets  
Tel: +7 (495) 730-66-01              
kelekhsaeva@hms.ru
Anna Obotnina  
Head of Marketing communications  
Tel: +7 (495) 730-66-01               
obotnina@hms.ru 

HMS Group (LSE: HMSG) 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, providing pumps, oil & gas equipment and compressors. HMS Group’s global depositary receipts (“GDRs”) are listed under the symbol “HMSG” on the London Stock Exchange.