The Moscow Stock Exchange announced a discreet auction of Qiwi depositary receipts

The discreet auction was held from 15:53 ​​to 16:13 Moscow time in the T+ trading mode, in which the settlement of the concluded transaction is carried out within several business days. At the start of the auction, the cost of Qiwi receipts was 256 rubles per unit (+20.8% at the close of October 11).

In February 2024, the Moscow Stock Exchange excluded Qiwi depositary receipts from its indices. On January 29 of the same year, Qiwi securities were transferred to the third trading level of the exchange.

At the end of January 2024, Qiwi closed a deal to sell assets in Russia. The buyer was Fusion Factor Fintech Limited from Hong Kong, the transaction amounted to 24 billion rubles.

The Central Bank subsequently revoked Qiwi Bank’s license. The bank violated federal laws and did not comply with the regulator’s requirements, so over the past year action was taken against it five times, including twice when restrictions were introduced on certain operations, the Bank of Russia noted.

In September, the management company Solid Management filed a lawsuit with the Moscow Arbitration Court for more than 22 billion rubles against the beneficiary of the international financial group Qiwi, Sergei Solonin.