HeadHunter Group PLC Announces Admission of its American Depositary Shares to Trade on the Moscow Exchange
HeadHunter Group PLC (Nasdaq: HHR) announced that the Moscow Exchange has approved the listing of its American Depositary Shares (ADSs) under the ticker HHRU. This secondary listing will begin trading on September 25, 2020, with all transactions quoted and settled in Russian rubles. Importantly, neither the company nor its shareholders will sell ADSs during this secondary listing. The ADSs are already traded on the Nasdaq.
- Approval of secondary listing on Moscow Exchange allows greater access to local investors.
- Trading under the ticker HHRU enhances the company's visibility in the Russian market.
- None.
MOSCOW, Sept. 24, 2020 (GLOBE NEWSWIRE) -- HeadHunter Group PLC (Nasdaq: HHR) (the “Company”) announced today that the Moscow Exchange (“MOEX”) has approved the admission of the Company's American Depositary Shares (the “ADSs”) (ISIN US42207L1061) to trade on the exchange and the inclusion of the ADSs for listing on Level 1.
This is a secondary listing of the Company's ADSs which have already been trading on the Nasdaq Global Select Market – neither the Company, nor its existing shareholders will sell the Company's ADSs in connection with the secondary listing on MOEX.
The ADSs will be listed under the ticker “HHRU” and the first trading day on MOEX is scheduled for September 25th, 2020, with quotation and settlement in Russian rubles.
Contacts:
Investor Inquiries
Roman Safiyulin
E-mail: r.safiyulin@hh.ru
Media Inquiries
Alexander Dzhabarov
E-mail: a.dzhabarov@hh.ru
About HeadHunter Group PLC
HeadHunter is the leading online recruitment platform in Russia and the Commonwealth of Independent States focused on providing comprehensive talent acquisition services, such as access to extensive CV database, job postings (jobs classifieds platform) and a portfolio of value-added services.
Forward-Looking Statements
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. All statements contained in this press release that do not relate to matters of historical fact should be considered forward-looking statements, including, without limitation, statements that include the words “expect,” “intend,” “plan,” “believe,” “project,” “forecast,” “estimate,” “may,” “should,” “anticipate” and similar statements of a future or forward-looking nature. These forward-looking statements are based on management’s current expectations. Actual results may differ materially from the results predicted or implied by such statements, and our reported results should not be considered as an indication of future performance. The potential risks and uncertainties that could cause actual results to differ from the results predicted or implied by such statements include, among others, significant competition in our markets, our ability to maintain and enhance our brand, our ability to improve our user experience and product offerings, our ability to respond to industry developments, our reliance on Russian Internet infrastructure, macroeconomic and global geopolitical developments affecting the Russian economy or our business, including the impact of the COVID-19 pandemic, changes in the political, legal and/or regulatory environment, privacy and data protection concerns and our need to expend capital to accommodate the growth of the business, as well as those risks and uncertainties included under the caption “Risk Factors” in our Annual Report on Form 20-F for the year ended December 31, 2019 and our prospectus pursuant to Rule 424(b) filed with the SEC on July 16, 2020, as such factors may be updated from time to time in our other filings with the U.S. Securities and Exchange Commission (“SEC”), each of which is on file with the SEC and is available on the SEC website at www.sec.gov. In addition, we operate in a very competitive and rapidly changing environment. New risks emerge from time to time. It is not possible for our management to predict all risks, nor can we assess the impact of all factors on our business or the extent to which any factor, or combination of factors, may cause actual results to differ materially from those contained in any forward-looking statements that we may make. In light of these risks, uncertainties and assumptions, the forward-looking events and circumstances discussed in this release are inherently uncertain and may not occur, and actual results could differ materially and adversely from those anticipated or implied in the forward-looking statements. Accordingly, you should not rely upon forward-looking statements as predictions of future events. In addition, the forward-looking statements made in this release relate only to events or information as of the date on which the statements are made in this release. Except as required by law, we undertake no obligation to update or revise publicly any forward-looking statements, whether as a result of new information, future events or otherwise, after the date on which the statements are made or to reflect the occurrence of unanticipated events.
FAQ
What is the significance of HeadHunter's secondary listing on the Moscow Exchange?
When will HeadHunter's ADSs start trading on the Moscow Exchange?
What is the ticker symbol for HeadHunter's ADSs on the Moscow Exchange?
Will HeadHunter be selling any shares during the secondary listing?
