REG-VK Company VK Company: Statement of VK

VKAnnouncement

10/11/2022 12:00

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   VK Company (VKCO)
   VK Company: Statement of VK

   10-Nov-2022 / 15:00 MSK
   Dissemination of a Regulatory Announcement that contains inside
   information in accordance with the Market Abuse Regulation (MAR),
   transmitted by EQS Group.
   The issuer is solely responsible for the content of this announcement.

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   November 10, 2022

    

                                 Statement of VK

    

   VK announces that Prosus ceases to be shareholder of the Company by way of
   renouncement of its shares to the Company for nil consideration.

    

   VK sold the  acquired treasury  shares to  the management  team at  market
   price. The deal  value amounted  to 24.8 billion  rubles. JSC  Singularity
   Lab, company  of  the management  team,  will support  the  new  long-term
   management motivation program of VK, which is aimed at active  development
   of the company's strategic priorities.

    

   The CEO of Singularity Lab is Alexander Ayvazov, VK Senior Vice  President
   for Investment and Business Development.

    

    

   For further information please contact:

    

   VK PR team

    1 pr@vk.team

    

   VK IR team

    2 ir@vk.team

    

    

   VK is one of the largest technology companies in Russia. Its products help
   millions of people with  their day-to-day needs online.  More than 90%  of
   the Russian internet audience use VK services, which enable people to keep
   in touch, play video games, master new skills, listen to music, watch  and
   create video content, buy  and offer goods and  services and fulfill  wide
   range of  other needs.  The company  provides a  number of  solutions  for
   digitizing  business  processes,  from  online  promotion  and  predictive
   analytics to  corporate social  networks,  cloud services  and  enterprise
   automation.

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   ISIN:          US5603172082
   Category Code: MSCH
   TIDM:          VKCO
   LEI Code:      2138009IXUP41SPL5B50
   Sequence No.:  200248
   EQS News ID:   1484617


    
   End of Announcement EQS News Service

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References

   Visible links
   1. mailto:pr@vk.team
   2. mailto:ir@vk.team


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