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Trading Of Nasdaq-listed QIWI Shares Halted Amid Ukraine War

The Nasdaq Stock Market announced that the trading halt status in QIWI plc ADS (Nasdaq: QIWI) was changed to “additional information requested” from the company. Trading in the company’s stock had been halted on February 28, 2022, at 06:38:00 Eastern Time at the last sale price of $5.67. Trading will remain halted until QIWI plc ADS has fully satisfied Nasdaq’s request for additional information.

According to a QIWI press release, the sanctions of the Western Alliance against Russia have had no immediate material impact on QIWI‘s operations. Neither QIWI nor any of its subsidiaries is specifically targeted by the new sanctions enacted as a result of the Russian military operations in Ukraine.

Shortly before the Ukraine War, QIWI announced the launch of its new website for investors – https://investor.qiwi.com/.

The new website received a modern and refreshing design in accordance with QIWI brand book guidelines. We have reviewed the structure, added several features describing our products & services, introduced new tools for investors, and improved navigation.

or the FY 2020 QIWI had revenue of RUB 40.6 billion and an Adjusted EBITDA of RUB 13.8 billion. QIWI‘s American depositary shares are traded on the NASDAQ and Moscow Exchange. QIWI has a credit rating from Standard & Poor’s of BB-/B.

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