HMS Group announces results of its Board of Directors meeting

Moscow, Russia, HMS Hydraulic Machines & Systems Group Plc (the “Company”) (LSE: HMSG) announces that a meeting of the HMS Group Board of Directors was held on September 23th, 2014 (the “Meeting”). The six Directors of the HMS Group Board of Directors were present at the Meeting.

The following significant matters were considered, discussed and approved at the Meeting:

 1. Audit Committee Report;
 2. Half-year 2014 IFRS Financial Statements and 2014 Budget performance review.


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:

Vera Timoshenko
Head of Investor Relations
Tel: +7 (495) 730-66-01 x 1302
Nozima Karimova
Head of Press Service
Tel: +7 (495) 730-66-10

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