The consortium of investors has extended the acceptance of applications for the listing of Yandex NV shares by one day. They will be accepted on June 27.
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Closed mutual fund “Consortium. First, which is the main owner of the Yandex group after corporate restructuring, has extended the acceptance of applications until June 27 inclusive, according to a message from the company cited by Forbes.
Those shareholders who have not had time to submit their applications can do so on Thursday, June 27, from 10:00 to 19:00 Moscow time. It should be noted that the decision was made in response to a request from professional market participants. Other terms of trade have not changed.
Previously, “Consortium. “First” extended the deadline for collecting over-the-counter exchange requests until June 11, the deadline for acceptance until June 17. This measure was also taken at the request of investors.
The main conditions for the exchange and repurchase of shares were known at the beginning of May. They differ for different groups of investors.
After the acceptance of applications as part of the exchange was completed, the consortium provided participants with the opportunity to correct errors in applications already received.
Author:
Natalia Gormaleva
Source: RB
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