Qiwi has lost one of its major shareholders. Otkritie Bank sold 21 million shares and got out of the company’s capital. The parties to the transaction did not disclose the buyer of the package. Otkritie held 13.7% of Qiwi’s voting shares.
The transaction for the sale of shares of the Qiwi payment system by Otkritie Bank is reported on the website of the US Securities and Exchange Commission.
Otkritie exited Qiwi’s capital by selling 21 million Class B shares. The amount of the transaction is unknown, as is the name of the buyer of the stake: the parties did not disclose this information.
Otkritie Bank owned 41% of Class B shares, which is equivalent to 13.7% of Qiwi’s voting shares. In total, Qiwi holds 10.4 million Class A shares, equivalent to 10 votes, and 52.3 million Class B shares, or one vote.
On December 27, 2022, the Central Bank closed the sale of Otkritie Bank to VTB Bank. The deal amounted to 340 billion rubles, making it one of the largest in the Russian market.
Author:
Kirill Bilyk
Source: RB
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