11 August 2023Press-releases

VK Shareholders and Board of Directors approved re-domiciliation to the Russian Federation

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VK Company Limited (LSE, MOEX: VKCO, hereinafter referred to as “VK” or the “Company”) announces that the Company’s shareholders and Board of Directors have approved the decision to implement the re-domiciliation to the effect that the Company's operations will cease in the British Virgin Islands to be continued in the Russian Federation, as an international public joint stock company in line with the Russian legislation.

Once registered in the Russian Federation, it will become VK international public joint-stock company ("VK IPJSC") with its legal address in a special administrative region on Oktyabrsky Island, Kaliningrad Region. The current members of the Board of Directors of VK Company Limited will continue to act as members of the Board of Directors of VK IPJSC.

The Articles of Association of the Company, effective upon the Company’s state registration as IPJSC, the decisions to issue common shares and Class A convertible common shares, as well as a securities prospectus for the re-domiciliation have been approved. Joint Stock Company Interregional Registrar Center has been approved as the registrar of VK IPJSC.

Furthermore, the decisions of delisting of VK’s global depositary receipts and eurobonds from the London Stock Exchange, and of the primary listing of the Company’s shares to the Moscow Exchange have been approved.

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For further information please contact:

VK PR team
Email: pr@vk.team

VK IR team
Email: ir@vk.team

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