ALRUD Took Part In The Project For Arrangement Of The Third Public Offering (SPO) Of QIWI Plc Shares
July, 2014 - Moscow, Russia
The third public offering (SPO) of QIWI plc (Nasdaq:QIWI) shares was completed on 20 June, 2014. In total, 7,973,330 American depositary shares (ADS) (about 14.7% of the total number of shares in the company) were placed under the public offering at the price of 40 USD per share. The initial public offering of QIWI shares (IPO) took place in May, 2013 at the price of 17 USD per share.
Law Firm ALRUD took part in the project for arrangement of the mentioned public offering of shares. ALRUD project team prepared a Legal Opinion under Russian law for underwriting banks in respect of QIWI Plc. SPO. The following ALRUD experts were engaged in this project: Senior Associate Andrey Zharskiy, Senior Attorney Yulia Petrakova and attorney Apollinaria Simoshina.
“We extremely appreciate the confidence QIWI places in ALRUD engaging our team for the third time for arrangement of public offering of its shares. We consider this fact as an evidence of positive evaluation of the outcome of work performed by ALRUD”, - Vassily Rudomino, Senior Partner of ALRUD, comments the completion of the project. “We are proud of the fact that we were afforded an opportunity to prove our expertise participating in IPO and SPO projects of such successful Russian technological companies as QIWI, Yandex and Mail.ru”.
