Tillkännagivande • Aug 30
VK Company Limited (LSE:VKCO) signed an agreement to acquire additional 45% stake in PREPREP.RU, OOO. VK Company Limited (LSE:VKCO) signed an agreement to acquire additional 45% stake in PREPREP.RU, OOO on August 28, 2023. VK is aiming to strengthen its position in the tutoring segment of the supplementary school education market by merging Tetrika and Uchi.Doma. Reported Earnings • Aug 11
Second quarter 2023 earnings released: ₽30.00 loss per share (vs ₽7.11 profit in 2Q 2022) Second quarter 2023 results: ₽30.00 loss per share (down from ₽7.11 profit in 2Q 2022). Revenue: ₽30.0b (up 34% from 2Q 2022). Net loss: ₽6.84b (down ₽8.42b from profit in 2Q 2022). Over the last 3 years on average, earnings per share has fallen by 16% per year but the company’s share price has fallen by 48% per year, which means it is performing significantly worse than earnings. Board Change • Aug 02
Less than half of directors are independent There are 9 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 9 new directors. 1 experienced director. No highly experienced directors. 2 independent directors (8 non-independent directors). Non-Executive Director Uliana Antonova is the most experienced director on the board, commencing their role in 2019. Independent Non-Executive Director Natalia Yakovleva was the last independent director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors. Board Change • Jul 14
Less than half of directors are independent There are 9 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 9 new directors. 1 experienced director. No highly experienced directors. 2 independent directors (8 non-independent directors). Non-Executive Director Uliana Antonova is the most experienced director on the board, commencing their role in 2019. Independent Non-Executive Director Natalia Yakovleva was the last independent director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors. Board Change • Jun 29
Less than half of directors are independent There are 9 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 9 new directors. 1 experienced director. No highly experienced directors. 2 independent directors (8 non-independent directors). Non-Executive Director Uliana Antonova is the most experienced director on the board, commencing their role in 2019. Independent Non-Executive Director Natalia Yakovleva was the last independent director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors. Board Change • Jun 08
Less than half of directors are independent There are 9 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 9 new directors. 1 experienced director. No highly experienced directors. 2 independent directors (8 non-independent directors). Non-Executive Director Uliana Antonova is the most experienced director on the board, commencing their role in 2019. Independent Non-Executive Director Natalia Yakovleva was the last independent director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors. Reported Earnings • Mar 17
Full year 2022 earnings released Full year 2022 results: Revenue: ₽97.8b (down 22% from FY 2021). Net loss: ₽31.9b (loss widened 106% from FY 2021). Revenue is forecast to grow 17% p.a. on average during the next 2 years, compared to a 7.6% growth forecast for the Interactive Media and Services industry in the United Kingdom. Board Change • Mar 09
Less than half of directors are independent There are 9 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 9 new directors. 1 experienced director. No highly experienced directors. 2 independent directors (8 non-independent directors). Non-Executive Director Uliana Antonova is the most experienced director on the board, commencing their role in 2019. Independent Non-Executive Director Natalia Yakovleva was the last independent director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors. Tillkännagivande • Feb 02
VK Company Limited to Report Q4, 2022 Results on Mar 16, 2023 VK Company Limited announced that they will report Q4, 2022 results on Mar 16, 2023 Tillkännagivande • Jan 29
VK Company Limited (LSE:VKCO) agreed to acquire additional 49% stake in Medium Quality Production LLC. VK Company Limited (LSE:VKCO) agreed to acquire additional 49% stake in Medium Quality Production LLC on January 27, 2023. Tillkännagivande • Jan 27
Megafon 1440 acquired InPlat from VK Company Limited (LSE:VKCO) and USM Holdings Limited. Megafon 1440 acquired InPlat from VK Company Limited (LSE:VKCO) and USM Holdings Limited on January 26, 2023.Megafon 1440 completed the acquisition of InPlat from VK Company Limited (LSE:VKCO) and USM Holdings Limited on January 26, 2023. Board Change • Jan 20
Less than half of directors are independent There are 9 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 9 new directors. 1 experienced director. No highly experienced directors. 2 independent directors (8 non-independent directors). Non-Executive Director Uliana Antonova is the most experienced director on the board, commencing their role in 2019. Independent Non-Executive Director Natalia Yakovleva was the last independent director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors. Tillkännagivande • Dec 20
VK Company Limited (LSE:VKCO) entered into definitive agreement to acquire 51% stake in Medium Quality Production LLC. VK Company Limited (LSE:VKCO) entered into definitive agreement to acquire 51% stake in Medium Quality Production LLC on December 19, 2022. Board Change • Dec 16
Less than half of directors are independent There are 9 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 9 new directors. 1 experienced director. No highly experienced directors. 2 independent directors (8 non-independent directors). Non-Executive Director Uliana Antonova is the most experienced director on the board, commencing their role in 2019. Independent Non-Executive Director Natalia Yakovleva was the last independent director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors. Board Change • Nov 21
Less than half of directors are independent There are 9 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 9 new directors. 1 experienced director. No highly experienced directors. 2 independent directors (8 non-independent directors). Non-Executive Director Uliana Antonova is the most experienced director on the board, commencing their role in 2019. Independent Non-Executive Director Natalia Yakovleva was the last independent director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors. Tillkännagivande • Oct 18
VK Company Limited (LSE:VKCO) acquired 25% stake in Goodt from LANIT JSC. VK Company Limited (LSE:VKCO) acquired 25% stake in Goodt from LANIT JSC on October 27, 2022.
VK Company Limited (LSE:VKCO) completed the acquisition of 25% stake in Goodt from LANIT JSC on October 27, 2022. Board Change • Oct 14
Less than half of directors are independent There are 9 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 9 new directors. 1 experienced director. No highly experienced directors. 2 independent directors (8 non-independent directors). Non-Executive Director Uliana Antonova is the most experienced director on the board, commencing their role in 2019. Independent Non-Executive Director Natalia Yakovleva was the last independent director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors. Tillkännagivande • Sep 28
Aleksander Chachava acquired MY.GAMES from VK Company Limited (LSE:VKCO) for approximately $640 million. Aleksander Chachava acquired MY.GAMES from VK Company Limited (LSE:VKCO) for approximately $640 million on September 27, 2022. Aleksander Chachava is Managing partner of LETA Capital based in Russia. The deal includes all the assets of MY.GAMES such as its studios and game products. The co-founder of MY.GAMES, Vladimir Nikolskiy, will leave VK to continue to develop MY.GAMES.
Aleksander Chachava completed the acquisition of MY.GAMES from VK Company Limited (LSE:VKCO) for approximately $640 million on September 27, 2022. Tillkännagivande • Sep 13
Yandex LLC completed the acquisition of Delivery Club Ltd. from VK Company Limited (LSE:VKCO) Yandex LLC agreed to acquire Delivery Club Ltd. from VK Company Limited (LSE:VKCO) on August 23, 2022. K Company and Yandex have signed binding agreements whereby VK is to acquire Zen and News content platforms from Yandex in exchange for the food and grocery delivery service Delivery Club which VK is to consolidate within the framework of the restructuring of O2O Holding, a joint venture between VK and Sber. VK plans to transfer its entire stake in Delivery Club to Yandex as part of the deal to acquire Zen and News content platforms. The deal is expected to be close by the end of 2022
Yandex LLC completed the acquisition of Delivery Club Ltd. from VK Company Limited (LSE:VKCO) on September 12, 2022 Board Change • Sep 01
Less than half of directors are independent There are 9 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 9 new directors. 1 experienced director. No highly experienced directors. 2 independent directors (8 non-independent directors). Non-Executive Director Uliana Antonova is the most experienced director on the board, commencing their role in 2019. Independent Non-Executive Director Natalia Yakovleva was the last independent director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors. Tillkännagivande • Aug 25
VK Company Limited (LSE:VKCO) signed a binding document to acquire Delivery Club Ltd. VK Company Limited (LSE:VKCO) signed a binding document to acquire Delivery Club Ltd. on August 23, 2022. The deal is pending the receipt of a number of regulatory approvals. The deal is expected to close before the end of 2022. Tillkännagivande • Aug 24
An unknown buyer signed binding documents to acquire 45.01% stake in O2O Holding LLC from VK Company Limited (LSE:VKCO). An unknown buyer signed binding documents to acquire 45.01% stake in O2O Holding LLC from VK Company Limited (LSE:VKCO) on August 23, 2022. The deal is pending the receipt of a number of regulatory approvals. The deal is expected to close before the end of 2022. Board Change • Jul 19
Less than half of directors are independent There are 9 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 9 new directors. 1 experienced director. No highly experienced directors. 2 independent directors (8 non-independent directors). Non-Executive Director Uliana Antonova is the most experienced director on the board, commencing their role in 2019. Independent Non-Executive Director Natalia Yakovleva was the last independent director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors. Tillkännagivande • Jun 29
VK Company Limited Announces Executive Changes VK Company Limited announced change to the Board of Directors and appointment of a new Executive director. Anton Malginov has joined the Board of Directors of VK. He has taken over the position of Executive director. Anton Malginov has been the Head of Legal department at VK since 2010. As Executive director, he replaced Vladimir Gabrielyan. Tillkännagivande • May 26
VK Company Limited Announces Changes to the Board VK Company Limited announced changes to the board of directors and appointment of a chairman of the board of directors. Sergey Kuprianov, non-executive director of VK since December 14, 2021, was appointed as the chairman of the board of the company. Sergey Kuprianov has been the press secretary to the chairman of the management committee at Gazprom PJSC since 2003, and the head of department at Gazprom PJSC since 2019. Maria Zybina, executive vice president at Gazprombank, was appointed as non-executive director to the board of the company. Maria has over 20 years of experience in financial sector. Since 2018, Maria is in charge of digital assets division at Gazprombank JSC. Tillkännagivande • May 13
Vk Company Limited Announces Resignation of Dmitry Grishin as Chairman and Non-Executive Director VK Company Limited announced that Dmitry Grishin has resigned as Chairman and Non-Executive Director, effective from May 11, 2022. Reported Earnings • May 01
First quarter 2022 earnings released: ₽242 loss per share (vs ₽11.00 loss in 1Q 2021) First quarter 2022 results: ₽242 loss per share (down from ₽11.00 loss in 1Q 2021). Revenue: ₽30.6b (up 10% from 1Q 2021). Net loss: ₽54.7b (loss widened ₽52.2b from 1Q 2021). Over the next year, revenue is forecast to grow 22%, compared to a 16% growth forecast for the industry in the United Kingdom. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 18 percentage points per year, which is a significant difference in performance. Board Change • Apr 27
Less than half of directors are independent There are 9 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 9 new directors. No experienced directors. 1 highly experienced director. 2 independent directors (8 non-independent directors). Co-Founder & Chairman of the Board Dmitry Grishin is the most experienced director on the board, commencing their role in 2012. Independent Non-Executive Director Natalia Yakovleva was the last independent director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors. Board Change • Apr 05
No independent directors There are 4 new directors who have joined the board in the last 3 years. Of these new board members, none were independent directors. The company's board is composed of: 4 new directors. No experienced directors. 1 highly experienced director. No independent directors (5 non-independent directors). Co-Founder & Chairman of the Board Dmitry Grishin is the most experienced director on the board, commencing their role in 2012. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Lack of experienced directors. Tillkännagivande • Apr 01
VK Company Limited Announces Board Changes VK Company Limited announced Nikita Anisimov joined as independent director, while Mikhail Gordin, has become a non-executive director. Nikita Anisimov held senior positions at Moscow State University, Moscow Polytechnic University, and Far Eastern Federal University. Mikhail Gordin held executive titles in major research institutes in the aviation industry, including the position of CEO of the Central Institute of Aviation Motors. Previously, Mikhail held prominent roles at international companies, including Sibur and TNK-BP Management. Natalya Yakovleva, appointed as an independent non-executive director with effect from 31 March 2022. Natalya serves as independent non-executive director and member of audit and remuneration committees at Petropavlovsk Plc, independent non-executive director and chair of the audit committee at Globaltruck Management JSC, and as an independent director of Mediascope JSC. In addition, two of VK's senior executives joined the board of directors. Vladimir Gabrielyan (executive director) has served as VK's First Deputy Chief Executive Officer since 2019. Vladimir has been with the company for over 20 years since 2001 and is a known expert in big data and machine learning. Alexander Ayvazov (executive director), senior vice president for investments and business development at VK, oversees the company's M&A deals and the online education segment. Reported Earnings • Mar 05
Full year 2021 earnings: Revenues and EPS in line with analyst expectations Full year 2021 results: ₽68.59 loss per share (up from ₽95.24 loss in FY 2020). Revenue: ₽126.1b (up 25% from FY 2020). Net loss: ₽15.5b (loss narrowed 26% from FY 2020). Revenue was in line with analyst estimates. Over the next year, revenue is forecast to grow 18%, compared to a 17% growth forecast for the industry in the United Kingdom. Tillkännagivande • Feb 09
VK Announces Executive Appointments VK has appointed former PJSC Rostelecom vice president Alexander Ayvazov as Senior Vice President for Investments and Business Development. Ayvazov will also be responsible for M&A and the EdTech segment. Additionally, VK has appointed Stepan Kovalchuk as Senior Vice President for Media Strategy and Service Development. Kovalchuk has been with VK since 2017, and he was previously vice president for Business Development. Reported Earnings • Oct 29
Third quarter 2021 earnings released: ₽9.27 loss per share (vs ₽0.65 loss in 3Q 2020) The company reported a soft third quarter result with increased losses and weaker control over costs, although revenues improved. Third quarter 2021 results: Revenue: ₽30.0b (up 23% from 3Q 2020). Net loss: ₽2.10b (loss widened ₽1.96b from 3Q 2020). Over the last 3 years on average, earnings per share has fallen by 37% per year but the company’s share price has only fallen by 9% per year, which means it has not declined as severely as earnings. Reported Earnings • Jul 31
Second quarter 2021 earnings released: ₽27.00 loss per share (vs ₽12.00 loss in 2Q 2020) The company reported a soft second quarter result with increased losses and weaker control over costs, although revenues improved. Second quarter 2021 results: Revenue: ₽29.7b (up 29% from 2Q 2020). Net loss: ₽4.86b (loss widened 82% from 2Q 2020). Over the last 3 years on average, earnings per share has fallen by 22% per year but the company’s share price has only fallen by 7% per year, which means it has not declined as severely as earnings. Reported Earnings • May 01
First quarter 2021 earnings released: ₽11.00 loss per share (vs ₽42.00 loss in 1Q 2020) The company reported a solid first quarter result with reduced losses, improved revenues and improved control over expenses. First quarter 2021 results: Revenue: ₽27.7b (up 28% from 1Q 2020). Net loss: ₽2.47b (loss narrowed 73% from 1Q 2020). Over the last 3 years on average, earnings per share has fallen by 8% per year whereas the company’s share price has fallen by 10% per year. Is New 90 Day High Low • Mar 05
New 90-day low: US$25.15 The company is down 13% from its price of US$28.90 on 04 December 2020. The British market is up 3.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Interactive Media and Services industry, which is down 4.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is US$25.96 per share. Reported Earnings • Mar 05
Full year 2020 earnings released: ₽95.00 loss per share (vs ₽86.23 profit in FY 2019) The company reported a soft full year result with weaker earnings and weaker control over costs, although revenues improved. Full year 2020 results: Revenue: ₽100.5b (up 4.5% from FY 2019). Net loss: ₽20.9b (down 212% from profit in FY 2019). Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has fallen by 12% per year, which means it is significantly lagging earnings. Analyst Estimate Surprise Post Earnings • Mar 05
Revenue and earnings beat expectations Revenue exceeded analyst estimates by 3.9%. Earnings per share (EPS) also surpassed analyst estimates by 173%. Over the next year, revenue is forecast to grow 28%, compared to a 25% growth forecast for the Interactive Media and Services industry in the United Kingdom. Tillkännagivande • Feb 12
Mail.ru Group, USM, Ant Group, Russian Direct Investment Fund and MegaFon Sign Definitive Fintech JV Agreements Mail.ru Group ("Mail.ru Group" or the "Company"), USM, Ant Group, Russian Direct Investment Fund (RDIF) and MegaFon announced that they have signed binding agreements to create a payments joint venture (PJV) and a financial services joint venture (FSJV). The announcement follows the signing of non-binding term sheets in 2019, when the parties announced a partnership to promote financial inclusion in Russia. The PJV and FSJV will work together to offer digital payment solutions and financial services designed to help people save money while spending it across the realm of the burgeoning e-commerce sector in Russia. Mail.ru Group's contribution into the PJV will amount to RUB 4.5 billion in assets consisting of a 100% stake in non-bank settlement credit institution Money.Mail.Ru (LLC) and VK Pay payment system. The two assets will continue being used as financial and payment instruments within the company's ecosystem. Mail.ru Group's contribution into the FSJV will be RUB 870 million in cash in exchange for a 5.95% stake in the FSJV. USM's contribution into the FSJV will include a 100% stake in ASK Renessans, a 100% stake in Round Bank, a 100% stake in InPlat, other assets and cash. Other shareholders including Ant Group, RDIF and MegaFon will contribute cash, assets or a combination of cash and assets into the FSJV and PJV. A committee of the Board was formed to oversee the progress of the deals. The committee received third party assessments from Deloitte and fairness opinion from UBS AG London Branch. UBS acted as the financial adviser and provided a fairness opinion to Mail.ru Group in connection with the transactions. The deals are expected to close in 2021 after satisfying a number of conditions including third party approvals. Upon completion, Russian shareholders will own the majority stakes in both the PJV and FSJV. Tillkännagivande • Feb 03
Mail.ru Group Limited to Report Q4, 2020 Results on Mar 04, 2021 Mail.ru Group Limited announced that they will report Q4, 2020 results Pre-Market on Mar 04, 2021 Is New 90 Day High Low • Jan 23
New 90-day low: US$26.00 The company is down 11% from its price of US$29.15 on 23 October 2020. The British market is up 15% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Interactive Media and Services industry, which is down 5.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is US$27.10 per share. Tillkännagivande • Dec 31
Mail.ru Group Limited (LSE:MAIL) acquired remaining 51% stake from Alexander Nikitin and Gaik Arapetyan. Mail.ru Group Limited (LSE:MAIL) acquired remaining 51% stake from Alexander Nikitin and Gaik Arapetyan on December 30, 2020.
Mail.ru Group Limited (LSE:MAIL) completed the acquisition of remaining 51% stake from Alexander Nikitin and Gaik Arapetyan on December 30, 2020. Tillkännagivande • Nov 03
Daegu Limited acquired MapsWithMe GmbH from Mail.ru Group Limited (LSE:MAIL) for RUB 1.6 billion. Daegu Limited acquired MapsWithMe GmbH from Mail.ru Group Limited (LSE:MAIL) for RUB 1.6 billion on November 2, 2020. Maps.me closed 2019 with revenue of RUB 159 million and an EBITDA loss of RUB 25 million.
Daegu Limited completed the acquisition of MapsWithMe GmbH from Mail.ru Group Limited (LSE:MAIL) on November 2, 2020. Is New 90 Day High Low • Oct 30
New 90-day low: US$26.25 The company is down 1.0% from its price of US$26.45 on 31 July 2020. The British market is down 4.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Interactive Media and Services industry, which is up 7.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is US$17.50 per share. Tillkännagivande • Oct 16
Mail.ru Group Limited (LSE:MAIL) acquired 45% stake in PREPREP.RU, OOO. Mail.ru Group Limited (LSE:MAIL) acquired 45% stake in PREPREP.RU, OOO on October 15, 2020. Post-closing, Mail.ru Group Limited holds 45% stake and founders of PREPREP.RU, OOO retains 55% stake in PREPREP.RU, OOO.
Mail.ru Group Limited (LSE:MAIL) completed the acquisition of a 45% stake in PREPREP.RU, OOO on October 15, 2020. Tillkännagivande • Oct 08
Mail.ru Group Limited to Report Q3, 2020 Results on Oct 26, 2020 Mail.ru Group Limited announced that they will report Q3, 2020 results at 9:00 AM, Russian Standard Time on Oct 26, 2020 Tillkännagivande • Oct 03
Mail.ru Group Limited announced that it expects to receive $600 million in funding Mail.ru Group Limited (LSE:MAIL) announced that a private placement of global depository receipts for gross proceeds of $200,000,000 and senior unsecured convertible bonds due 2025 for an aggregate gross proceeds of $400,000,000; for an aggregate gross proceeds of $600,000,000 on September 23, 2020. The transaction will include participation from certain institutional investors. The company will conduct the transaction through accelerated bookbuilding process. The global depository receipts represents the common shares of the company. The number of the global depository receipts shall be determined on the basis of the outcome of the offering of the bonds. The price per global depository receipts will be determined at the close of the bookbuilding process. The bonds will be issued at par with a denomination of $200,000 each unless converted, repurchased or redeemed. The bonds have a maturity date of October 1, 2025. The bonds shall carry rate of interest of between 1.375% and 1.875% payable semi-annually. The initial conversion price of the bonds will be subject to adjustments for any dividends as well as other standard convertible market anti-dilution adjustments. The investors have the right to convert the bonds into global depository receipts at the then prevailing conversion price on any date from 1 October, 2021 until the date falling seven days prior to the final maturity date. The company will be entitled to redeem the bonds at any time on or after October 22, 2023 if the value of global depository receipts upon conversion exceeds 130% of the principal amount of the bonds over a certain period or if 15% or less of the aggregate principal amount of the bonds remain outstanding. The transaction has been approved by the shareholders of the company. The transaction has also been approved by the board of directors of the company. The transaction for global depository receipts will be expected to close on September 28, 2020 or on such date as may be agreed between the company and the global coordinator and that of bonds on or around October 1, 2020. The global depository receipts and bonds shall have a lock up period of 90 days from the closing of the transaction. Tillkännagivande • Jul 31
Mail.ru Group Limited and its subsidiary Mail.Ru, LLC completed the acquisition of IconJob LLC. Mail.ru Group Limited and its subsidiary Mail.Ru, LLC agreed to acquire IconJob LLC on April 23, 2020.
Mail.ru Group Limited and its subsidiary Mail.Ru, LLC completed the acquisition of IconJob LLC on April 23, 2020. Tillkännagivande • Jul 30
Mail.ru Group Limited (LSE:MAIL) acquired the remaining 75% stake in BeInGame Limited for approximately RUB 310 million. Mail.ru Group Limited (LSE:MAIL) acquired the remaining 75% stake in BeInGame Limited for approximately RUB 310 million in March 2020. As a result of the transaction, Mail.ru Group Limited now owns 100% stake in BeInGame Limited.
Mail.ru Group Limited (LSE:MAIL) completed the acquisition of the remaining 75% stake in BeInGame Limited in March 2020. Tillkännagivande • Jul 08
Mail.ru Group Limited to Report Q2, 2020 Results on Jul 23, 2020 Mail.ru Group Limited announced that they will report Q2, 2020 results at 9:00 AM, Russian Standard Time on Jul 23, 2020 