Dalliance Services Company Announces Extension of QIWI PLC Tender Offer
August 26 2022 - 8:29AM
Business Wire
Dalliance Services Company, a corporation incorporated under the
laws of the Marshall Islands (the “Offeror”) and wholly owned by
Sergey Solonin, the controlling shareholder and chairman of the
board of directors of QIWI PLC, a company formed under the laws of
Cyprus (the “Company”) has extended the expiration date of its
tender offer (the “Offer”) to purchase 10,000,000 of the Company’s
Class B ordinary shares having a nominal value EUR 0.0005 per share
(each, a “Share,” and collectively, the “Shares”) and the Company’s
Shares represented by American Depositary Shares, each representing
a Share (each an “ADS” and collectively, the “ADSs”) at a price of
$2.50 per Share (including Shares represented by ADSs), less any
applicable withholding taxes and without interest, until 12:00
Midnight, New York City time, on September 2, 2022, unless further
extended in accordance with the applicable rules and regulations of
the United States Securities and Exchange Commission (the
"SEC").
The Offer is being made pursuant to the tender offer materials
(including an Offer to Purchase, a related Letter of Transmittal
and certain other offer documents) in the Tender Offer Statement on
Schedule TO (together with any amendments or supplements thereto,
the “Tender Offer Statement”) filed by Offeror and Sergey Solonin
with the SEC on July 19, 2022, as amended or supplemented from time
to time. As of 6:00 PM, New York City time, on August 25, 2022,
2,627,385 Shares have been tendered pursuant to the Offer.
Additional Information and Where to Find it.
This press release shall not constitute an offer to sell or the
solicitation of an offer to buy any security and shall not
constitute an offer, solicitation, or sale in any jurisdiction in
which such offering, solicitation, or sale would be unlawful. The
tender offer is being made pursuant to a Tender Offer Statement on
Schedule TO (including an Offer to Purchase, a related Letter of
Transmittal and certain other tender offer documents) filed by the
Offeror and Sergey Solonin with the SEC on July 19, 2022, as
amended or supplemented from time to time. Holders of Shares and
Shares represented by ADSs are urged to read these documents
carefully (as each may be amended or supplemented from time to
time) because they contain important information that holders of
Shares and Shares represented by ADSs should consider before making
any decision regarding tendering their Shares and Shares
represented by ADSs. The Offer to Purchase, the related Letter of
Transmittal and certain other tender offer documents, will be made
available to all holders of Shares at no expense to them. The
tender offer materials will be made available for free at the SEC’s
website at www.sec.gov.
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version on businesswire.com: https://www.businesswire.com/news/home/20220826005263/en/
Alliance Advisors, LLC (877) 587-1963
QIWI@allianceadvisors.com
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