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QIWI : Provides Update on Corporate Restructuring – Form 6-K – Marketscreener.com

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…

Read the full article at: https://www.marketscreener.com/quote/stock/QIWI-PLC-13125210/news/QIWI-Provides-Update-on-Corporate-Restructuring-Form-6-K-45238858/

Category: RestructuringBy Insolvency Advisory AccountantsNovember 3, 2023

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QIWI : Provides Update on Corporate Restructuring – Form 6-K – Marketscreener.com

QIWI Provides Update on Corporate Restructuring

NICOSIA, CYPRUS – September 12, 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 extension of the period for completion of the restructuring process until November 11, 2023.

The Company has initially planned to complete the restructuring process until September 11, 2023, and appealed to the NASDAQ Hearings Panel (the “Panel”) for an exception to delist QIWI securities from the Nasdaq Global Select Stock Market (the “Exchange”). The Panel granted the request subject to successful completion of each milestone1 of the restructuring plan (the…

Read the full article at: https://www.marketscreener.com/quote/stock/QIWI-PLC-13125210/news/QIWI-Provides-Update-on-Corporate-Restructuring-Form-6-K-44831665/

Category: RestructuringBy Insolvency Advisory AccountantsSeptember 13, 2023

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QIWI : Provides Update on Corporate Restructuring – Form 6-K – Marketscreener.com

QIWI Provides Update on Corporate Restructuring

NICOSIA, CYPRUS – June 30, 2023 – QIWI plc (NASDAQ and MOEX: QIWI) (“QIWI” or the “Company”), a leading provider of cutting-edge payment and financial services in Russia and the CIS, today commented on the status of its corporate restructuring plan (“Plan”).

According to the Plan, the Company contemplated to separate Russian and international parts of the group by the end of June 2023.

Consolidation of Russian assets

The Company has executed all legally binding documents for transactions related to the transfer of Russian assets out of its control, and completed the consolidation of practically all Russian-based assets under JSC QIWI:

ROWI Group of companies, including Factoring Plus LLC…

Read the full article at: https://www.marketscreener.com/quote/stock/QIWI-PLC-13125210/news/QIWI-Provides-Update-on-Corporate-Restructuring-Form-6-K-44242148/

Category: RestructuringBy Insolvency Advisory AccountantsJune 30, 2023

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