Alrud has assisted in the arrangement of the third public offering (SPO) of QIWI plc shares, which was completed on June 20, 2014.
According to the firm a total of 7,973,330 American depositary shares (about 14.7% of the total number of shares in the company) were placed under the public offering at the price of 40 USD per share. The initial public offering of QIWI shares took place in May, 2013, at the price of 17 USD per share.
Alrud prepared a Legal Opinion under Russian law for underwriting banks in respect of the QIWI Plc. SPO. The firm’s team consisted of Senior Associates Andrey Zharskiy and Yulia Petrakova and Attorney Apollinaria Simoshina