Board of Directors of SmartTech Group updated the terms and conditions of the additional share issue placement

Board of Directors of SmartTechGroup approved the updated terms of placement of 745 million additional shares by private subscription in favor of Promsvyazbank. Earlier, the Bank of Russia suspended the issue of SmartTechGroup shares. Company explained at the time that the issue was suspended to make minor adjustments to some wording of the text of the terms and conditions of the placement.