REG-VK Company VK to acquire Medium Quality Production

VKAnnouncement

19/12/2022 08:15

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   VK Company (VKCO)
   VK to acquire Medium Quality Production

   19-Dec-2022 / 11:00 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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                    VK to acquire Medium Quality Production

                                        

    

   December 19, 2022. VK announces the signing of an agreement to acquire 51%
   of the shares of  Medium Quality Production LLC,  a leading digital  video
   content production business in the CIS.

       

   The deal will  allow VK to  strengthen its position  on the video  content
   market  through  exclusive  shows  and  collaborative  projects   produced
   exclusively for the VK Video, VK Clips and other VK media platforms.

    

   For reference

    

   Medium Quality Production  produces What Happened  Next?, Roast Battle,  I
   Know Myself,  Blitz-Creek,  Big  Russian  Boss  Show,  the  series  Inside
   Lapenko, The Freaking Good Show, The Call and other shows.

                                      ***

    

   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 a  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: ACQ
   TIDM:          VKCO
   LEI Code:      2138009IXUP41SPL5B50
   Sequence No.:  209433
   EQS News ID:   1515887


    
   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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