VK plans to re-register business registration in Russia

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VK plans to re-register businesses in British Virgin Islands in Russia, reports press office VK.

“The Company announces its intention to submit an application to the UK Financial Conduct Authority (FCA) as well as the London Stock Exchange to terminate the acceptance of GDRs (Global Depositary) to terminate the Company’s listing on the GDR Official FCA List. Receipts) are traded on the London Stock Exchange Main Market.

It was noted that the listing of GDRs on the London Stock Exchange will end on September 12, 2023.

VK before this profit grew up In the first half of 2023, it amounted to a third and amounted to 57.3 billion rubles.

The main driver of growth was the 51% increase in online advertising revenue to RUB 35.1 billion. The target audience of the company’s core services has also increased. The average number of VK users per day increased by 16% compared to the same period of 2022.

former Central Bank increased sharply key rate to 8.5%.

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