QIWI Provides Update on Corporate Restructuring
NICOSIA, CYPRUS – November 3, 2023 – QIWI plc (NASDAQ and MOEX: QIWI) (“QIWI” or the “Company”), an innovative provider of cutting-edge payment and financial services, today announced it has received from the NASDAQ Hearing Panel (the “Panel”) the extension of the period for completion of the restructuring process until January 31, 2024.
The Company has successfully accomplished all the milestones outlined in the restructuring plan preceding the final divestment phase in a timely manner. The only remaining step to complete the reorganization process requires certain regulatory approvals.
Necessary applications to the Russian regulatory authorities have been submitted. Since the previous upd…
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