We offer a wide range of products under several directions: QIWI payment and financial services ecosystem for merchants and B2C clients across digital use-cases, ROWI digital structured financial products for SME, and several other startups.įor the FY 2021 QIWI had revenue of RUB 41.1 billion and an Adjusted EBITDA of RUB 13.2 billion. Our mission is to connect our clients providing unique financial and technological solutions to make the impossible accessible and simple. We stand at the forefront of fintech innovations to facilitate and secure the digitalization of payments. QIWI is a leading provider of cutting-edge payment and financial services in Russia and the CIS. QIWI is not selling or buying any shares in the offering and will not spend or receive any funds from the offering. We will make appropriate disclosures with respect to the Offer after due and careful consideration, including a thorough review of the terms and conditions of the revised Offer. The Company and its Board of Directors have not expressed any position on the Offer. Securities Exchange Commission’s EDGAR disclosure system, which can be found at Position of the Company and the Board on the Offer For full details of the Offer and the documentation related thereto, please refer to the Schedule TO-T, dated November 25, 2022, filed by Dalliance Services Company on the U.S. The Information Agent for the Offer and contact detailsįor additional information, the Offeror directs shareholders to contact Alliance Advisors, LLC, the Information Agent for the Offer by phone toll-free at 87, or by email at is important that you read the offer documentation carefully and in full. The Offeror indicated that it does not currently anticipate that there will be a subsequent offering period. The Offer is not subject to any financing condition but is subject to a number of other conditions outlined in the offer document.Īccording to the offer document, the Offer and withdrawal rights will expire at 12:00 midnight, New York City time, at the end of the day on December 22, 2022, unless the Offer is extended, which the Offeror may elect to do in its sole discretion. It is also stated in the Offer, if the Offer is fully subscribed and the Offeror may elect to exercise an option to increase the number of Shares accepted for payment in the Offer by no more than 2% of the outstanding shares without extending the expiration time, in which case the Offeror may purchase up to 6,045,989 Shares. Solonin.Īs per the Offer documentation the purpose of the Offer is to provide further liquidity to the Company’s stockholders who did not tender their Shares or Shares represented by ADSs in the Previous Offer and remain limited in their ability to extract value from their holdings because they are unable to (i) trade the Shares or Shares represented by ADSs because of the Trading Halt or the MOEX Restrictions or (ii) receive dividends because of the sanctions imposed on the Russian National Settlement Depositary.Īs indicated in the offer documentation, the Offer is made with respect to up to 5,000,000 of Class B Ordinary Shares (the “Shares”) or Shares represented by American Depositary Shares (the “ADSs”), at the purchase price of $2.00 per Share in cash, less any applicable withholding taxes and without interest. The offer document highlights that the Offeror is wholly owned by Mr. 25, 2022 (GLOBE NEWSWIRE) - QIWI plc (NASDAQ and MOEX: QIWI) (“QIWI” or the “Company”), a leading provider of cutting-edge payment and financial services in Russia and the CIS, today announced that on November 25, 2022, Dalliance Services Company has launched an offer to purchase (the “Offer”) for cash up to 5,000,000 of Company’s Class B ordinary shares (including Class B ordinary shares represented by ADSs) at a purchase price of $2.00.Īccording to the offer document, the Offer was filed by Dalliance Services Company, a corporation incorporated under the laws of the Marshall Islands (the “Offeror”), and Sergey Solonin, the controlling shareholder and Chairman of the Board of Directors of QIWI PLC.
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