Moscow Exchange to include IPJSC HeadHunter shares in quotation list from Sept 25

MOSCOW. Aug 14 (Interfax) - The Moscow Exchange has decided to include IPJSC HeadHunter shares in the first level of the quotation list from September 25, the company said in a statement.

On August 13, HeadHunter announced additional issue parameters, setting the placement price at 5,450 rubles for each, as reported on the disclosure feed.

In May, company shareholders approved an additional issue of 18 million shares due to preparations for a share exchange necessary for redomiciliation, as well as a long-term management incentive program. The Central Bank registered the additional issue by open subscription at the end of July.

Last week, IPJSC HeadHunter announced the launch of a new offer to exchange shares and ADRs of the Cyprus-registered HeadHunter Group Plc for securities of the IPJSC. The offer will last from August 12 to September 5 with settlements to be completed by September 12, and to place the additional issue by September 20.