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WKN: A1T8GB | ISIN: US74735M1080 | Ticker-Symbol: QIW
Düsseldorf
28.02.22
20:00 Uhr
4,760 Euro
0,000
0,00 %
Branche
IT-Dienstleistungen
Aktienmarkt
RUSSLAND
1-Jahres-Chart
QIWI PLC ADR Chart 1 Jahr
5-Tage-Chart
QIWI PLC ADR 5-Tage-Chart
GlobeNewswire (Europe)
2.431 Leser
Artikel bewerten:
(2)

QIWI plc: QIWI Provides Update on Payment Terms for the Sale of Russian Assets

Finanznachrichten News
NICOSIA, CYPRUS – November 22, 2024 – QIWI plc (AIX and MOEX: QIWI) (“QIWI”, “Group” or the “Company”), an innovative provider of cutting-edge fintech services, today announced that the Board of Directors (the “Board”) has authorized the extension of the payment terms for the second and third installments under the sale agreement executed on January 19, 2024 in respect of Russian assets consolidated under JSC QIWI (the “Transaction”).

On November 14, 2024, Fusion Factor Fintech Limited (the “Buyer”, a Hong Kong company wholly owned by Mr. Andrey Protopopov) requested a deferral of the second and third installments, citing ongoing challenges in its Russian business operations1 that continue to significantly hinder its ability to timely settle its payment obligations. The Buyer also informed the Company that it is engaged in negotiations with Russian regulatory authorities and other counterparties to agree on the optimal way of settling the liability. The Buyer has committed to make its best efforts to settle all its obligations under the share purchase agreement at the same time, including those that will not have become due at that time.

The Board considered this request and authorized the extension of the payment term for the second and third installments under the Transaction, amounting to RUB 11,875 million and RUB 2,969 million, respectively, to May 31, 2025.


About QIWI plc.

QIWI Global is an innovative provider of cutting-edge fintech services. We stand at the forefront of fintech innovations to facilitate and secure the digitalization of payments. Our mission is to create adaptive fintech solutions that connect companies and millions of people in the changing world. We offer a wide range of payment and financial service products for merchants and B2C clients across various digital use-cases.

QIWI's American depositary shares are listed on the Astana International Exchange and Moscow Exchange (ticker: QIWI). For more information, visit qiwi.global.

Contact

Investor Relations
+357.25028091
ir@qiwi.global
© 2024 GlobeNewswire (Europe)
Werbehinweise: Die Billigung des Basisprospekts durch die BaFin ist nicht als ihre Befürwortung der angebotenen Wertpapiere zu verstehen. Wir empfehlen Interessenten und potenziellen Anlegern den Basisprospekt und die Endgültigen Bedingungen zu lesen, bevor sie eine Anlageentscheidung treffen, um sich möglichst umfassend zu informieren, insbesondere über die potenziellen Risiken und Chancen des Wertpapiers. Sie sind im Begriff, ein Produkt zu erwerben, das nicht einfach ist und schwer zu verstehen sein kann.