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Alrud Advises on Third Public Offering of QIWI plc Shares

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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


Russian Knowledge Partner

Founded in 1993, Egorov Puginsky Afanasiev & Partners is the leading full-service law firm in the CIS with offices in Russia, Ukraine and Belarus and associated offices in the UK, the USA and Cyprus.

We advise its clients in many areas of law, including: dispute resolution in Russia and abroad, corporate law, M&A, antitrust issues, project finance and PPP, restructurings and insolvencies, energy and natural resources, property management and privatization, environment, technical regulation and industrial safety, banking and finance, intellectual property, criminal law, real estate and construction, taxation, family and labour disputes, marine and transport law, and international trade and customs.

We combine high academic qualifications, internationally acknowledged moral and ethical values, senior partners' professional experience and practical abilities with the vigour and knowledge of younger attorneys that enables thus providing clients with reliable, first-class service according to both Russian and western standards through a flexible structure.

All News about, and Legal Analysis by, Egorov Puginsky Afanasiev & Partners can be found here.

Firm's website: www.epam.ru


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