Ozon informs about minority sale and new lock-up
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.
Maryia Berasneva-McNamara, Head of Investor Relations, OZON
Maria Zaikina, Director of Public & Industry Relations, OZON