RUB

Yandex N.V. provides an update on the divestment of its Russia-based businesses

Retrieved on: 
Wednesday, April 10, 2024
Control, RUB, Federal Antimonopoly Service, Sale, Yandex, Foreign direct investment

The company has made significant progress towards the implementation of the proposed transaction.

Key Points: 
  • The company has made significant progress towards the implementation of the proposed transaction.
  • On March 7, we received the requisite Shareholder approvals (including the separate approval of Class A shareholders) for the divestment and related amendments to YNV’s articles of association.
  • All of Yandex's assets and operations in Russia and certain international markets, which form the divestment perimeter, are now held by IPJSC “Yandex”, an international public joint stock company incorporated in Russia.
  • IPJSC “Yandex” has recently obtained a public company status and applied for a primary listing on the Moscow Exchange.

O`KEY GROUP REPORTS 5.2% NET RETAIL REVENUE GROWTH, DA! DISCOUNTERS REVENUE GREW 22.1% IN Q4 2023

Retrieved on: 
Monday, February 5, 2024
AIX, KEY, Yoy, MOEX, RUB, DA, LFL, NET

Group net retail revenue [1] grew by 5.2% YoY to RUB 58.5 bn, driven by positive LFL performance of both O’KEY and DA!

Key Points: 
  • Group net retail revenue [1] grew by 5.2% YoY to RUB 58.5 bn, driven by positive LFL performance of both O’KEY and DA!
  • discounters' net retail revenue increased by 22.1% YoY to RUB 17.5 bn, led by both LFL net retail revenue growth and the chain’s expansion.
  • O`KEY hypermarkets’ net retail revenue decreased by 3.4% YoY to RUB 141.9 bn due to a decrease in LFL revenue and selling space.
  • discounters’ net retail revenue grew by 19.8% YoY to RUB 63.8 bn, led by LFL revenue and selling space growth.

Yandex N.V. Announces Binding Agreement to Divest its Russia-based Businesses

Retrieved on: 
Monday, February 5, 2024
FMP, Growth, Lukoil, EGM, GPU, Exercise, CNH, Tax, Investment, RUB, Sale, Specialization, Educational technology, Share repurchase, Person, Security (finance)

Amsterdam, the Netherlands, February 5, 2024 -- Yandex N.V., the Dutch parent company of the Yandex group (“YNV”), today announces that it has entered into a definitive agreement with a purchaser consortium (the “Purchaser”) to sell all of the Yandex group’s businesses in Russia and certain international markets. The total consideration for the sale will be RUB 475 billion, subject to adjustments and payable in a combination of cash and Class A shares of YNV. At least 50% of the consideration will be paid in cash.

Key Points: 
  • Amsterdam, the Netherlands, February 5, 2024 -- Yandex N.V., the Dutch parent company of the Yandex group (“YNV”), today announces that it has entered into a definitive agreement with a purchaser consortium (the “Purchaser”) to sell all of the Yandex group’s businesses in Russia and certain international markets.
  • “Since February 2022, the Yandex group and our team have faced exceptional challenges.
  • Following the successful completion of the transaction, in full compliance with international sanctions where applicable, YNV will hold no interest in its businesses in Russia.
  • Awards held by participants who will continue with YNV and the remaining international businesses will remain outstanding in accordance with their terms.

Fix Price announces interim dividend

Retrieved on: 
Wednesday, January 17, 2024
AIX, Foreign investment, MOEX, Committee, Tax, Fix, RUB, Control

16 January 2024, Limassol, Cyprus – Fix Price Group PLC (LSE and MOEX: FIXP, AIX: FIXP.Y, “Fix Price”, the “Company” or the “Group”), one of the leading variety value retailers globally and the largest in Russia, announces that its Board of Directors approved a decision to pay interim dividends at a meeting held on 15 January 2024.

Key Points: 
  • 16 January 2024, Limassol, Cyprus – Fix Price Group PLC (LSE and MOEX: FIXP, AIX: FIXP.Y, “Fix Price”, the “Company” or the “Group”), one of the leading variety value retailers globally and the largest in Russia, announces that its Board of Directors approved a decision to pay interim dividends at a meeting held on 15 January 2024.
  • The Board of Directors approved the interim dividend for 2023 and 2024 in the combined amount of RUB 8.4 billion, or RUB 9.84 per GDR/share (gross amount subject to applicable taxes and fees).
  • The combined amount was defined based on the permission of the Subcommittee of the Government Commission for the Control of Foreign Investment in the Russian Federation given to Best Price Ltd, a subsidiary of Fix Price Group PLC, to distribute dividends in the amount of RUB 9.8 billion, net of withholding tax of 15%.
  • It is expected that the interim dividend will be paid within two months after the dividend record date.

Fix Price Group PLC announces receipt of permission from government commission to pay out dividends

Retrieved on: 
Saturday, January 13, 2024
AIX, Foreign investment, Policy, Fix Price, MOEX, Committee, Tax, RUB, Control

The above-mentioned permission contains a number of conditions and requirements, including, but not limited to, the achievement of key performance indicators (“KPIs”) set by the Subcommittee.

Key Points: 
  • The above-mentioned permission contains a number of conditions and requirements, including, but not limited to, the achievement of key performance indicators (“KPIs”) set by the Subcommittee.
  • Fix Price is exploring possible options for paying out dividends to its shareholders, given the current regulatory environment, and is making the necessary efforts to meet the established KPIs and other requirements of the Subcommittee.
  • The exact procedure for, and timing of, a potential payout will be announced at a later date.
  • Fix Price has repeatedly stated its intention to follow its previously approved dividend policy and will inform the market about any decisions taken on the dividend payment.

Cian PLC Announces Third Quarter and Nine Months 2023 Financial Results

Retrieved on: 
Tuesday, November 21, 2023
Technology, Other Construction & Property, Residential Building & Real Estate, Other Technology, Commercial Building & Real Estate, Construction & Property, CIAN, Ratio, EBITDA, Pressure, Central Bank of Russia, Acquisition, NYSE, B2B, Security (finance), PLC, RUB, Depreciation, MOEX, Supplement, USD, Exchange, Committee, Adjustment, B2C, Core business, Central bank, Moscow Exchange, Growth, Government, Cryptocurrency, Real estate

Cian PLC (MOEX: CIAN) (“Cian”, the “Group” or the “Company”), a leading online real estate classifieds platform in Russia, today announced its financial results for the third quarter and nine months ended September 30, 2023.

Key Points: 
  • Cian PLC (MOEX: CIAN) (“Cian”, the “Group” or the “Company”), a leading online real estate classifieds platform in Russia, today announced its financial results for the third quarter and nine months ended September 30, 2023.
  • Dmitriy Grigoriev, Chief Executive Officer of Cian PLC, commented: “Our company demonstrated solid performance of its Core Business and transactional services even in the challenging macroeconomic environment.
  • See “Non-IFRS Financial Measures and Supplemental Financial Information” elsewhere in this release for a description of these measures and their reconciliation from the most directly comparable IFRS financial measures.
  • Revenue for the three months ended September 30, 2023 amounted to RUB 3,238 million compared to RUB 2,241 million for the three months ended September 30, 2022, an increase of RUB 997 million, or 44%.

HSBC UK partners with Nova Credit to become first UK bank to offer newcomers option to include international credit history when applying for a credit card

Retrieved on: 
Monday, September 18, 2023
Banking, Personal Finance, Professional Services, QAR, DKK, ICD, CNY, PLN, JPY, SGD, NOK, GBP, CFH, MXN, HSBC UK, Research, SEK, INR, Global Money Week, NZD, AUD, AED, Unsecured guarantor loan, Growth, HSBC, International, SAR, Isle of Man, BHD, CAD, HKD, Isle, HSBC Expat, RUB, THB, Partnership, KWD, TRY, OMR, United Kingdom, International Credit Insurance & Surety Association, United Arab Emirates, Bank, Nursing, Online shopping, Security (finance), CZK, USD, EUR, SKK

“Opening a credit card and building credit is an important step when setting up life in a new country.

Key Points: 
  • “Opening a credit card and building credit is an important step when setting up life in a new country.
  • Access credit faster: leverage credit history built up overseas, using Nova Credit’s Nova Passport technology, to start a positive credit history in the UK on arrival.2
    3.
  • More information on HSBC UK’s international banking services: www.hsbc.co.uk/international/
    Images available: Screenshot of credit card application journey on mobile and image of an HSBC UK credit card.
  • International Credit Decisioning (ICD) has been available from March 2023 in the UK, enabling credit history transfer from 12 countries for HSBC UK credit card applications.

Bitget Wallet Quick Buy Expands Fiat Support to Include EUR/RUB/JPY Currencies

Retrieved on: 
Thursday, September 21, 2023
RUB, KRW, THB, NFT, Decentralized application, ETH, PayPal, USDC, VND, Simplex, USD, Visa, Fiat, USDT, JPY, OTC, Dex, Master, BTC, BitKeeper, Cryptocurrency, Online shopping, Web3, Bitget, EUR, Apple Pay

VICTORIA, Seychelles, Sept. 21, 2023 /PRNewswire/ -- Bitget Wallet (formerly known as BitKeep), a leading multi-chain digital wallet, is proud to announce the latest expansion of its Quick Buy service to include fiat support for 3 new currencies: EUR, RUB, and JPY.

Key Points: 
  • VICTORIA, Seychelles, Sept. 21, 2023 /PRNewswire/ -- Bitget Wallet (formerly known as BitKeep), a leading multi-chain digital wallet, is proud to announce the latest expansion of its Quick Buy service to include fiat support for 3 new currencies: EUR, RUB, and JPY.
  • Bitget Wallet addresses this need by introducing Quick Buy, a one-stop solution for users seeking to buy and sell cryptocurrencies with ease.
  • Quick Buy collaborates with stable OTC service providers and integrates multiple payment systems to provide a flexible and private purchasing experience.
  • Supported Fiat Currencies: Users can purchase cryptocurrencies using nearly 50 fiat currencies, including USD, EUR, JPY, KRW, VND, THB, and more.

Bitget Wallet Quick Buy Expands Fiat Support to Include EUR/RUB/JPY Currencies

Retrieved on: 
Thursday, September 21, 2023
RUB, KRW, THB, NFT, Decentralized application, ETH, PayPal, USDC, VND, Simplex, USD, Visa, Fiat, USDT, JPY, OTC, Dex, Master, BTC, BitKeeper, Cryptocurrency, Online shopping, Web3, Bitget, EUR, Apple Pay

VICTORIA, Seychelles, Sept. 21, 2023 /PRNewswire/ -- Bitget Wallet (formerly known as BitKeep), a leading multi-chain digital wallet, is proud to announce the latest expansion of its Quick Buy service to include fiat support for 3 new currencies: EUR, RUB, and JPY.

Key Points: 
  • VICTORIA, Seychelles, Sept. 21, 2023 /PRNewswire/ -- Bitget Wallet (formerly known as BitKeep), a leading multi-chain digital wallet, is proud to announce the latest expansion of its Quick Buy service to include fiat support for 3 new currencies: EUR, RUB, and JPY.
  • Bitget Wallet addresses this need by introducing Quick Buy, a one-stop solution for users seeking to buy and sell cryptocurrencies with ease.
  • Quick Buy collaborates with stable OTC service providers and integrates multiple payment systems to provide a flexible and private purchasing experience.
  • Supported Fiat Currencies: Users can purchase cryptocurrencies using nearly 50 fiat currencies, including USD, EUR, JPY, KRW, VND, THB, and more.

Cian PLC Announces Second Quarter and Six Months 2023 Financial Results

Retrieved on: 
Friday, August 18, 2023
Other Construction & Property, Residential Building & Real Estate, Commercial Building & Real Estate, Construction & Property, RUB, Pressure, Metrica, PLC, Central Bank of Russia, Yandex.Metrica, Supplement, Central bank, Core business, CIAN, Google Analytics, Ratio, USD, Committee, EBITDA, MOEX, Moscow Exchange, Depreciation, Growth, Adjustment, NYSE, Cryptocurrency, Bookkeeping

Cian PLC (MOEX: CIAN) (“Cian”, the “Group” or the “Company”) (NYSE: CIAN), (MOEX: CIAN), a leading online real estate classifieds platform in Russia, today announced its financial results for the second quarter and six months ended June 30, 2023.

Key Points: 
  • Cian PLC (MOEX: CIAN) (“Cian”, the “Group” or the “Company”) (NYSE: CIAN), (MOEX: CIAN), a leading online real estate classifieds platform in Russia, today announced its financial results for the second quarter and six months ended June 30, 2023.
  • Dmitriy Grigoriev, Chief Executive Officer of Cian PLC, commented: “Cian continues to grow steadily both in our core business and new products on the back of demand recovery in the market.
  • See “Non-IFRS Financial Measures and Supplemental Financial Information” elsewhere in this release for a description of these measures and their reconciliation from the most directly comparable IFRS financial measures.
  • See “Non-IFRS Financial Measures and Supplemental Financial Information” elsewhere in this release for further information.