VTB will not complete the deal to purchase a stake in the fintech assets of Gergari Bar in October, said the bank's first vice chairman, Dmitry Pianov. It is necessary to announce another issuance of VTB shares and start the procedure to exercise the shareholders' preemptive rights. If it does not start in the first week of the month, it is unlikely that the deal will be completed in October. Now the parties agree on a purchase and sale agreement, which stipulates a number of mutual guarantees. Mr. Pianov named the legal formalization of the agreements as the main reason for the delay.