Brief: Qiwi PLC Entered Into An Agreement To Sell Its Russian Assets Consolidated Under JSC QIWI And Thus Completes Restructuring Process

Qiwi

19/01/2024 19:08

Jan 19 (Reuters) - Qiwi PLC  QIWI.O :
    * QIWI PLC - ENTERED INTO AN AGREEMENT TO SELL ITS RUSSIAN
ASSETS
CONSOLIDATED UNDER JSC QIWI AND THUS COMPLETES RESTRUCTURING
PROCESS
    * QIWI PLC - PRICE OF TRANSACTION WAS SET AT RUB 23.75
BILLION
    * QIWI PLC - AGREEMENT TO SELL ITS RUSSIAN ASSETS
CONSOLIDATED
UNDER JSC QIWI TO FUSION FACTOR FINTECH LIMITED
    * QIWI PLC: UPON CLOSING OF TRANSACTION, ANDREY PROTOPOPOV
WILL
IMMEDIATELY RESIGN HIS OFFICES AS A DIRECTOR AND CEO OF CO
    * QIWI- CURRENT CFO OF QIWI, ALEXEY MASHCHENKOV, WILL BE
APPOINTED
AS SUCCESSOR CEO, & ELENA NIKONOVA, WILL BE APPOINTED AS CFO OF
CO
    * QIWI PLC- CO INTENDS TO RETAIN ITS NASDAQ AND MOEX
LISTINGS
    * QIWI PLC - BOARD VOTED TO CONVENE EGM  TO APPROVE BUYBACK
TENDER
OFFER FOR UP TO 10% OF COMPANY S ISSUED AND OUTSTANDING SHARES

Further company coverage:  QIWI.O 

 ((Reuters.Briefs@thomsonreuters.com;))