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28 Sep 2015

TransContainer reverses its decision to dispose of its interest in JSC Kedentransservice

RNS Number : 3720A

PJSC Transcontainer

28 September 2015

PJSC TransContainer

TransContainer reverses its decision to dispose of its interest in JSC Kedentransservice     

Public Joint Stock Company TransContainer ("TransContainer" or the "Company") (LSE: TRCN) announces that, on 25 September 2015, its Board of Directors cancelled its decision to dispose of the Company's 50% equity stake in Logistic System Management B.V. to JSC National Company Kazakhstan Temir Zholy ("KTZ"). This reverses a decision taken on 18 February 2015 when it approved the disposal of the equity stake.

Logistic System Management B.V. controls 100% of the share capital of JSC Kedentransservice, a leading Kazakhstan rail Transportation equipment for shipping cargo via various means of transport. Containers are durable enough for repeated use and can be stacked. Containers are divided into medium-duty (three- and five-tonne), which conform to former Soviet Union standards and are still used for shipments in Russia and the CIS, and ISO (20- and 40-foot) containers, which are used for Russian and international shipments. The universal standard unit TEU (twenty-foot equivalent unit) was introduced to measure transport flow volumes.
and terminal A legal entity or individual entrepreneur owning wagons and containers, or possessing them on any other basis, that participates, pursuant to a contract with a carrier, in the carriage process using the aforementioned cars and containers.



Andrey Zhemchugov,

Director, Capital Markets and Investor Relations

+7 495 637 9178      +7 495 609 6062



 Instinctif Partners

Tony Friend / Galyna Kulachek/ Jenny Payne

+44 (0) 20 74572020

 About TransContainer

TransContainer (LSE ticker: TRCN) is the leading intermodal container transportation company in Russia. It is the market leader in Russia by A specialised type of rolling stock designed to carry ISO containers.
fleet size, container transportation by rail and rail-side A place equipped for the trans-shipment and storage of containers. A container terminal
typically includes one or more container yards. Rail-based container terminals are equipped with spur tracks for loading and unloading containers to/from railroad platforms (cars).
container terminal
throughput. As of 30 June 2015, it operated 26,477 flatcars and 64,064 ISO containers. It owns a network of 46 rail-side container terminals in Russia, 19 rail-side terminals in Kazakhstan (through its joint venture company KedenTransService) and operates one terminal in Slovakia. Company's sales network comprises more than 130 sales offices across Russia as well as presence in the CIS, Europe and Asia. TransContainer is listed at Moscow Exchange and LSE. Company's major shareholder with 50% +2 shares is United Transportation and The process of organising a chain of delivery, and managing that chain in the broadest sense. This chain may encompass both deliveries of raw materials needed for production and management of material resources at an enterprise, delivery to warehouses and distribution centres, sorting, handling, and final distribution at the points of consumption. In the context of transportation services, the main service is that of delivering cargo across a delivery route.
Company, established by Russian Railways, Belorussian Railway and Kazakhstan Temir Zholy.

 This information is provided by RNS

The company news service from the London Stock Exchange


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