VK raised RUB 112 billion in additional share issue
VK IPJSC (MOEX: VKCO, hereinafter referred to as “VK” or the “company”) announces a successful placement of additional shares and the attraction of RUB 112 billion. The participants of the private subscription were closed-end mutual investment funds which members are key Russian shareholders.
The funds raised as part of the additional share issue were used to reduce the debt burden.
As a result of the additional share issue, 345,029,240 ordinary shares were placed. The total number of shares following the placement amounted to 584,404,280. The company's shares are distributed among over 480 thousand shareholders. Following the results of the additional issue, VK IPJSC does not have a controlling shareholder.
For reference:
The placement price of the additional shares was in line with the market and amounted to RUB 324.9, which corresponded to the weighted average price based on the results of trading on the Moscow Exchange for three months, from December 18, 2024 to March 18, 2025.
As part of the additional share issue process VK granted a pre-emptive right to acquire shares to all shareholders pro-rata to their holding share.
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For further information please contact:
VK PR team
pr@vk.team
VK IR team
ir@vk.team
