Yandex began placing shares as part of an additional offering on November 6.
The additional issue price will be RUB 3,463.5 per share.
The placement will be completed when one of the conditions is met:
- All the securities of the additional issue will be placed and the last entry for this will be made in the personal account (deposit account) of the purchaser of the securities.
- The company will receive a document according to which the manager of the incentive program will refuse to purchase the securities that will be placed, all or in part.
- One year expires from the date of state registration of this additional issue.