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Qiwi PLC Closes Initial Public Offering

Wednesday, 8 May 2013 01:09pm EDT 

Qiwi PLC announced that it has closed its previously announced Initial Public Offering of 12,500,000 Class B Shares in the form of American Depositary Shares (ADS) at a price of $17.00 per ADS. The selling shareholders have granted the underwriters a 30-day option to purchase up to 1,875,000 ADSs on the same terms and conditions. All of the ADSs were offered by selling shareholders. QIWI did not receive any proceeds from the offering. J.P. Morgan Securities LLC and Credit Suisse Securities (USA) LLC are the joint bookrunning managers for the offering, and Robert W. Baird & Co. Incorporated, Renaissance Securities (Cyprus) Limited and William Blair & Company, L.L.C. are the co-managers for the offering. 

Company Quote

1.04 +4.98%
24 Dec 2014