Ozon Holdings PLC (NASDAQ and MOEX: “OZON”, thereafter referred to as “OZON”), a leading multi-category Russian e-commerce platform announces today that it has been notified by the underwriters of its initial public offering that the underwriters had agreed to an early lock-up release with respect to the terms of the lock-up agreements entered into between certain shareholders and the underwriters in connection with the offering.
Ozon has also been notified that certain minority shareholders have sold approximately 3% of Ozon’s shares following the lock-up release in an unregistered secondary offering and have entered into a new lock-up for 45 days with respect to approximately 4% of Ozon’s ordinary shares. Ozon’s principal shareholders, fund entities indirectly advised by Baring Vostok Capital Partners Group Limited, Sistema PJSFC and Sistema Venture Fund Ltd, have each agreed to enter into a lock-up for 90 days with respect to an aggregate of approximately 65% of Ozon’s shares.
This press release shall not constitute an offer to sell or a solicitation of an offer to purchase any securities in the United States or elsewhere, and shall not constitute an offer, solicitation or sale of any securities in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful.
Contacts
Investor Relations Maryia Berasneva, Head of Investor Relations, OZON ir@ozon.ru
Press Office Maria Zaikina, Director of Public & Industry Relations, OZON pr@ozon.ru