Brief: Russia's Fix Price Board Of Directors Approves Redomiciliation To Cyprus

Fix Price

28/02/2022 07:19

Feb 28 (Reuters) - Fix Price Group Ltd  FIXPDR.MM :
    * BOARD OF DIRECTORS APPROVES REDOMICILIATION TO CYPRUS AND
CONVENES EGM
    * HAS DETERMINED THAT IT IS IN BEST INTERESTS OF COMPANY AND
ITS
SHAREHOLDERS TO CHANGE ITS JURISDICTION OF INCORPORATION FROM
BRITISH VIRGIN ISLANDS TO REPUBLIC OF CYPRUS
    * SAYS FOLLOWING REDOMICILIATION, COMPANY INTENDS TO MERGE
WITH
ITS CYPRUS SUBSIDIARY, KOLMAZ HOLDINGS
    * SAYS REDOMICILIATION AND MERGER ARE EXPECTED TO SIMPLIFY
GROUP'S
HOLDING STRUCTURE

Source text for Eikon:  ID:nEQ2nVPS7a 
Further company coverage:  FIXPDR.MM 

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