Yandex intends to apply for listing shares on the Moscow Exchange – Kommersant
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MCPAO “Yandex” (MOEX: YNDX) decided to submit an application for listing of ordinary shares on the Moscow Exchange (MOEX: MOEX). The decision was made on March 7.
“Apply to the public joint-stock company “Moscow Exchange MICEX-RTS” with an application for listing ordinary shares of the international company of the public joint-stock company “Yandex”,” says the letter. message on the disclosure site.
Yandex also clarified that the board of directors of MKPAO approved the dividend policy. Its details have not been disclosed.
March 7 shareholders of the Dutch company Yandex NV approved sale of the Russian Yandex to a consortium of private investors for 475 billion rubles. The parent company will be MKPAO Yandex. It will retain the businesses, services and assets of the Yandex NV group, with the exception of foreign startups Nebius, Toloka, Avride and TripleTen, as well as a data center in Finland.
Read more about the terms of the non-competition agreement between the two companies in the Kommersant article. “Yandex is different from Yandex”.
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