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Dalliance Services Company, a wholly-owned subsidiary of Sergey Solonin, announces that its tender offer to purchase up to 5,000,000 Class B ordinary shares of QIWI PLC at $2.00 per share remains open until December 22, 2022. The offer includes both shares and American Depositary Shares (ADSs). This announcement serves as a reminder for shareholders, emphasizing that the tender offer will expire at midnight New York time unless extended. The offer is part of the Tender Offer Statement filed with the SEC on November 25, 2022.
QIWI announced on November 25, 2022, that Dalliance Services Company is offering to purchase up to 5,000,000 Class B ordinary shares at $2.00 each. This offer is aimed at providing liquidity to shareholders who were unable to trade their shares due to sanctions and trading restrictions. The offer, backed by Sergey Solonin, the company's controlling shareholder, does not require financing and may be increased by 2% up to a maximum of 6,045,989 shares. The offer expires on December 22, 2022. QIWI's Board has not expressed a position on this offer.
QIWI reported its 3Q 2022 financial results, showing a 10.3% increase in revenue year-over-year (YoY) to RUB 12,955 million ($225.6 million). Total Net Revenue surged 35.9% YoY to RUB 8,725 million ($152.0 million), driven by strong growth in Payment Services and Corporate segments. Adjusted EBITDA rose 46.6% YoY, achieving a margin of 64.4%. However, profit fell 47.7% YoY to RUB 4,619 million. The Company's guidance remains uncertain due to market volatility and sanctions implications.
QIWI plc (NASDAQ and MOEX: QIWI) announced that it will publish its third quarter 2022 financial results on November 18, 2022. Due to the ongoing market volatility, there will be no conference call or webcast to discuss these results. Stakeholders are encouraged to submit questions through the investor's website. In FY 2021, QIWI reported a revenue of RUB 41.1 billion and an Adjusted EBITDA of RUB 13.2 billion, highlighting its position as a leading provider of payment and financial services in Russia and the CIS.
QIWI plc (NASDAQ and MOEX: QIWI) announced that all resolutions at the 2022 Annual General Meeting of Shareholders, held on September 21, 2022, were approved. Key votes included the adoption of the 2021 audited financial statements and the appointment of KPMG as auditor. The meeting led to the re-appointment of three independent directors and the election of four new directors. Notable voting results included 107,436,528 votes for adopting financial statements and 107,690,869 for appointing KPMG. For FY 2021, QIWI reported revenue of RUB 41.1 billion and Adjusted EBITDA of RUB 13.2 billion.
QIWI plc (NASDAQ: QIWI) announced that its second quarter 2022 financial results will be published on September 28, 2022. Due to ongoing market uncertainty, no conference call will be held, but stakeholders can submit questions via the investor website. In FY 2021, QIWI reported revenue of RUB 41.1 billion and Adjusted EBITDA of RUB 13.2 billion. QIWI is recognized for its innovative payment and financial services across Russia and the CIS, aiming to simplify and secure digital transactions.
Dalliance Services Company, wholly owned by Sergey Solonin, announced the results of its tender offer for QIWI PLC's Class B ordinary shares. The offer aimed to purchase up to 10 million shares at $2.50 each, which expired on September 2, 2022. A total of 4,861,390 shares were validly tendered. After the transaction, Dalliance will own about 9.3% of outstanding shares, equating to 3.1% of voting power. Solonin will hold a total of 10,413,510 Class A shares, consolidating 69.7% of voting power within QIWI. This press release does not constitute a sale or solicitation in jurisdictions where it would be illegal.
Dalliance Services Company, controlled by Sergey Solonin, has initiated a tender offer to purchase up to 10,000,000 Class B ordinary shares of QIWI PLC at a price of $2.50 per share. The offer, expiring on September 2, 2022, follows the filing of a Tender Offer Statement with the SEC. As of August 26, 2022, nearly 4.8 million shares have already been tendered. The total purchase price would amount to approximately $25 million, with funding sourced from Mr. Solonin's liquid assets and existing cash reserves.
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