Notification of Transaction by Person Discharging Managerial ResponsibilitiesAmsterdam, 23 March 2016 - X5 Retail Group N.V. ('X5'or the 'Company') filed the following notification with the Netherlands Authority for the Financial Markets regarding the disposal of X5 Global Depositary Receipts ('GDRs') by Christian Couvreux, member of the Supervisory Board:
Transaction date Number of GDRs Price per GDR
21 March 2016 7,129 USD 20.80
The trade notification was made to the Company on 22 March 2016. Following this transaction, Christian Couvreux holds 14,843 GDRs, or 0.005% of the Company's issued and outstanding share capital. This announcement is made in accordance with the requirements of DTR 3.1.4. of the UK's Financial Conduct Authority.
X5 Retail Group
X5 Retail Group is the leading food retailer in Russia. X5 shares are listed on London Stock Echange (LSE) in the form of Global Depositary Receipts. The Company operates several retail formats, including the chain of conveniently located proximity stores under the Pyaterochka brand, the supermarket chain under the Perekrestok brand, the hypermarket chain under the Karusel brand and Express convenience stores.