OREANDA-NEWS. April 02, 2012. Sistema (LSE: SSA), the largest diversified public financial corporation in Russia and the CIS, today announces that it has completed the sale of 4,311,019 MTS American depositary receipts previously bought during the buyback announced on October 3, 2011.

Sistema is the largest diversified public financial corporation in Russia and the CIS, which invests in and is a major shareholder of companies serving over 100 million customers in the sectors of telecommunications, high technology, oil and energy, radars and aerospace, banking, retail, mass-media, tourism and healthcare services. Founded in 1993, the company reported revenues of USD  9.0 billion for the third quarter of 2011, and total assets of USD  42.7 billion as at September 30, 2011. Sistema’s global depository receipts are listed under the symbol “SSA” on the London Stock Exchange. Sistema’s ordinary shares are listed under the symbol “AFKS” on the MICEX-RTS Stock Exchange, and under the symbol “SIST” on the Moscow Stock Exchange (MSE). Sistema was ranked number 342 in the 2010 edition of the Fortune Global 500 list.