QIWI issues statement regarding Otkritie partial tender offer
QIWI announced that it has been informed that on June 16, Otkritie Holding JSC and Otkritie Investments Cyprus commenced a tender offer to purchase for cash up to 24,794,253 class B shares of QIWI at a purchase price of $28.00 per class B share. Otkritie Holding has reported that it currently beneficially owns approximately 6.58% of the outstanding shares of QIWI. The tender offer is under consideration by the members of the board of QIWI. On or before June 30, QIWI intends to file with the United States SEC a solicitation/recommendation statement on Schedule 14D-9 in which it will advise QIWI shareholders whether the Board recommends acceptance or rejection of the tender offer, expresses no opinion and remains neutral toward the tender offer, or is unable to take a position with respect to the tender offer, as well as setting forth the board's reasons as for its position with respect to the tender offer. Accordingly, QIWI shareholders are requested to defer making any determination whether to accept or reject such tender offer until they have been advised of the board's position with respect to the tender offer.