Ozon Holdings PLC (“Ozon”), a leading Russian e-commerce platform, announces the pricing of its initial public offering of 33,000,000 American Depositary Shares (“ADSs”) representing 33,000,000 Ordinary Shares at a price to the public of $30.00 per ADS, for gross proceeds of $990,000,000.
The ADSs are expected to begin trading on the Nasdaq Global Select Market under the ticker symbol “OZON” on November 24, 2020, and the offering is expected to close on November 27, 2020, subject to customary closing conditions. In addition, Ozon has granted the underwriters a 30-day option to purchase up to 4,950,000 additional ADSs at the initial public offering price less underwriting discounts.
Morgan Stanley & Co. LLC and Goldman Sachs & Co. LLC are acting as joint lead book-running managers for the proposed offering. Citigroup Global Markets Inc, UBS Securities LLC, Sberbank CIB (UK) Limited, VTB Capital plc are acting as joint bookrunners for the proposed offering. Renaissance Securities (Cyprus) Limited is acting as a co-lead manager.
A registration statement relating to the proposed sale of these securities has been filed with, and declared effective by, the Securities and Exchange Commission. This press release shall not constitute an offer to sell or the solicitation of an offer to buy these securities, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.
The proposed offering is being made only by means of a prospectus. When available, copies of the final prospectus relating to and describing the terms of the proposed offering may be obtained from any of the following sources:
- Morgan Stanley & Co. LLC Attention: Prospectus Department, 180 Varick Street, 2nd Floor, New York, New York 10014
- Goldman Sachs & Co. LLC, Attention: Prospectus Department, 200 West Street, New York, NY 10282, or by telephone at (866) 471-2526 or by email at prospectus-ny@ny.email.gs.com
Forward Looking Statements
This press release contains forward-looking statements. All statements contained in this press release that do not relate to matters of historical fact should be considered forward-looking statements, including without limitation statements regarding Ozon’s plans to conduct the proposed offering.
These forward-looking statements are based on management’s current expectations. These statements are neither promises nor guarantees but involve known and unknown risks, uncertainties and other important factors that may cause Ozon’s actual results, performance or achievements to be materially different from its expectations expressed or implied by the forward-looking statements, including conditions in the U.S. capital markets, negative global economic conditions, potential negative developments in the COVID-19 pandemic, other negative developments in Ozon’s business or unfavorable legislative or regulatory developments.
These and other important factors could cause actual results to differ materially from those indicated by the forward-looking statements made in this press release. Any such forward-looking statements represent management’s estimates as of the date of this press release. While Ozon may elect to update such forward-looking statements at some point in the future, Ozon disclaims any obligation to do so, even if subsequent events cause its views to change. These forward-looking statements should not be relied upon as representing Ozon’s views as of any date subsequent to the date of this press release.
Contacts
Investor Relations
Igor Gerasimov, Head of Corporate Development & Investor Relations, Ozon
ir@ozon.ru
Press Office
Maria Zaikina, Director of Public & Industry Relations, Ozon
pr@ozon.ru
Denis Denisov, Director, EM
ozon@em-comms.com
The ADSs are expected to begin trading on the Nasdaq Global Select Market under the ticker symbol “OZON” on November 24, 2020, and the offering is expected to close on November 27, 2020, subject to customary closing conditions. In addition, Ozon has granted the underwriters a 30-day option to purchase up to 4,950,000 additional ADSs at the initial public offering price less underwriting discounts.
Morgan Stanley & Co. LLC and Goldman Sachs & Co. LLC are acting as joint lead book-running managers for the proposed offering. Citigroup Global Markets Inc, UBS Securities LLC, Sberbank CIB (UK) Limited, VTB Capital plc are acting as joint bookrunners for the proposed offering. Renaissance Securities (Cyprus) Limited is acting as a co-lead manager.
A registration statement relating to the proposed sale of these securities has been filed with, and declared effective by, the Securities and Exchange Commission. This press release shall not constitute an offer to sell or the solicitation of an offer to buy these securities, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.
The proposed offering is being made only by means of a prospectus. When available, copies of the final prospectus relating to and describing the terms of the proposed offering may be obtained from any of the following sources:
- Morgan Stanley & Co. LLC Attention: Prospectus Department, 180 Varick Street, 2nd Floor, New York, New York 10014
- Goldman Sachs & Co. LLC, Attention: Prospectus Department, 200 West Street, New York, NY 10282, or by telephone at (866) 471-2526 or by email at prospectus-ny@ny.email.gs.com
Forward Looking Statements
This press release contains forward-looking statements. All statements contained in this press release that do not relate to matters of historical fact should be considered forward-looking statements, including without limitation statements regarding Ozon’s plans to conduct the proposed offering.
These forward-looking statements are based on management’s current expectations. These statements are neither promises nor guarantees but involve known and unknown risks, uncertainties and other important factors that may cause Ozon’s actual results, performance or achievements to be materially different from its expectations expressed or implied by the forward-looking statements, including conditions in the U.S. capital markets, negative global economic conditions, potential negative developments in the COVID-19 pandemic, other negative developments in Ozon’s business or unfavorable legislative or regulatory developments.
These and other important factors could cause actual results to differ materially from those indicated by the forward-looking statements made in this press release. Any such forward-looking statements represent management’s estimates as of the date of this press release. While Ozon may elect to update such forward-looking statements at some point in the future, Ozon disclaims any obligation to do so, even if subsequent events cause its views to change. These forward-looking statements should not be relied upon as representing Ozon’s views as of any date subsequent to the date of this press release.
Contacts
Investor Relations
Igor Gerasimov, Head of Corporate Development & Investor Relations, Ozon
ir@ozon.ru
Press Office
Maria Zaikina, Director of Public & Industry Relations, Ozon
pr@ozon.ru
Denis Denisov, Director, EM
ozon@em-comms.com
