VNIL SDB Vostok New Ventures

February 19 is the last day of trading including right to receive redemption SDRs

February 19 is the last day of trading including right to receive redemption SDRs

Stockholm, Feb. 19, 2019 (GLOBE NEWSWIRE) --

Today, February 19, 2019 is the last day of trading in Vostok New Ventures Swedish Depository Receipts (“SDRs”) including the right to receive redemption SDRs regarding the SEK 25 per SDR redemption procedure. The record date for the split and receipt of redemption SDRs is February 21, 2019. No action is required by the SDR holder in order to receive redemption SDRs. Trading in redemption SDRs will take place on Nasdaq Stockholm during the period February 22–March 7, 2019.

The record date for redemption of redemption SDRs is March 11, 2019. Expected date of payment of redemption settlement is on or about March 14, 2019.

For further information please contact:

Björn von Sivers, Head of Investor Relations, Tel +46 8 545 015 50

Vostok New Ventures Ltd, formerly Vostok Nafta Investment Ltd, is an investment company with the business concept of using experience, expertise and a widespread network to identify and invest in assets with considerable potential for value appreciation. The company has a special focus on online marketplaces and businesses with strong network effects. The Swedish Depository Receipts (SDRs) of Vostok New Ventures are listed on Nasdaq Stockholm, Mid Cap segment, with the ticker VNV SDB. For more information on Vostok New Ventures, visit .

Attachment

EN
19/02/2019

Underlying

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on Vostok New Ventures

 PRESS RELEASE

Extraordinary bonus payment to Managing Director following the sale of...

Extraordinary bonus payment to Managing Director following the sale of Avito Stockholm, April 10, 2019 (GLOBE NEWSWIRE) -- The Board of Directors of Vostok New Ventures Ltd (“Vostok New Ventures”, “VNV” or the “Company”) has resolved to award Per Brilioth, Managing Director of Vostok New Ventures, an extaordinary bonus in the gross amount of USD 15 mln following the succesful exit of Avito during January 2019. The bonus will be payable in equal parts in cash and in kind by way of shares of the Company. The in kind part of the bonus amounts to 517,900 depository reciepts of the Company....

 PRESS RELEASE

New number of shares in Vostok New Ventures Ltd

New number of shares in Vostok New Ventures Ltd Stockholm, March 29, 2019 (GLOBE NEWSWIRE) -- On February 14, 2019, a special general meeting in Vostok New Ventures Ltd (”Vostok New Ventures” or the “Company”) resolved to effect a subdivision of shares (share split) and a subsequent mandatory share redemption procedure. The share split was carried out during February, resulting in a doubling of the number of shares in the Company and associated SDRs. During March 2019 the mandatory redemption procedure has been completed, resulting in a halving of the number of shares in the Company and...

 PRESS RELEASE

Vostok New Ventures 2018 Annual Report

Vostok New Ventures 2018 Annual Report Vostok New Ventures Ltd (the "Company") announces the publishing of its 2018 Annual Report. Stockholm, March 27, 2019 (GLOBE NEWSWIRE) -- The 2018 Annual Report is as of today available for download from the Company´s website: The annual general meeting of shareholders will be held Wednesday, May 15, 2019 in Stockholm, Sweden. For further information please contact: Björn von Sivers, Head of Investor Relations, Tel +46 8 545 015 50 Vostok New Ventures Ltd, formerly Vostok Nafta Investment Ltd, is an investment company with the business conce...

 PRESS RELEASE

Vostok New Ventures depository receipt buy-back

Vostok New Ventures depository receipt buy-back Stockholm, March 18, 2019 (GLOBE NEWSWIRE) -- Vostok New Ventures Ltd (“Vostok New Ventures” or “the Company”) has between March 11 and March 15, 2019 repurchased 139,712 ordinary Swedish Depository Receipts (SDRs), at an average price of SEK 50.50. This represents 0.16% of the total number of ordinary SDRs of Vostok New Ventures. The Company currently holds 8,442,053 repurchased ordinary SDRs. The total number of outstanding ordinary SDRs of Vostok New Ventures, excluding repurchased SDRs, is 77,246,256. For further information please co...

 PRESS RELEASE

Vostok New Ventures depository receipt buy-back

Vostok New Ventures depository receipt buy-back Stockholm, March 11, 2019 (GLOBE NEWSWIRE) -- Vostok New Ventures Ltd (“Vostok New Ventures” or “the Company”) has between March 4 and March 8, 2019 repurchased 2,024,074 ordinary Swedish Depository Receipts (SDRs), at an average price of SEK 51.85. This represents 2.36% of the total number of ordinary SDRs of Vostok New Ventures. The Company currently holds 8,302,341 repurchased ordinary SDRs. The total number of outstanding ordinary SDRs of Vostok New Ventures, excluding repurchased SDRs, is 77,385,968. For further information please co...

ResearchPool Subscriptions

Get the most out of your insights

Get in touch