Cian Files Documents for the Registration of the Prospectus With the CBR
03 Octubre 2023 - 8:29AM
Business Wire
CIAN PLC (MOEX: CIAN) (“Cian” or the “Company”), a leading
online real estate classifieds platform in Russia, has announced
today that it has submitted the set of documents for the
registration of the Prospectus of Foreign Securities to the Central
Bank of Russia.
Cian has filed for registration with the Central Bank of Russia
the Prospectus of Foreign Securities (the “Prospectus”) in relation
to the Company’s American Depositary Shares, each representing one
Ordinary Share of CIAN PLC (the “ADSs”), as well as other documents
required by applicable law for listing on the Moscow Exchange.
As previously disclosed in the Company's press release dated
July 24, 2023, the Company’s ADSs were delisted from the New York
Stock Exchange effective as of July 31, 2023. On September 20,
2023, the Company filed a Form 15F with the Securities and Exchange
Commission (the “SEC”) for termination of its registration of the
ADSs with the SEC.
These measures have been taken with the intention to maintain
trading of the Company's ADSs on the Moscow Exchange in the
ordinary course of business.
About Cian
Cian is a leading online real estate classifieds platform in the
large, underpenetrated and growing Russian real estate classifieds
market, with a strong presence across Russia and leading positions
in the country’s key metropolitan areas. The Company ranks among
the top ten most popular online real estate classifieds globally in
terms of traffic (based on SimilarWeb traffic data for August
2023). Cian’s networked real estate platform connects millions of
real estate buyers and renters to millions of high-quality real
estate listings of all types — residential and commercial, primary
and secondary, urban and suburban. In the first quarter of 2023,
the Company had over 1.9 million listings available through its
platform and monthly audience with an average UMV of 19 million.
Through its technology-driven platform and deep insights into the
Russian real estate market the Company provides an end-to-end
experience for its customers and users and helps them address
multiple pain points on their journey to a new home or place to
work.
Forward-Looking Statements
This press release contains forward-looking statements. Any
express or implied statements contained in this press release that
are not statements of historical fact may be deemed to be
forward-looking statements, including, without limitation,
statements that include the words “believe,” “expect,” “intend,”
may,” “plan,” “project,” “will,” and other words and terms of
similar meaning or the negative thereof. Forward-looking statements
are neither promises nor guarantees, but involve known and unknown
risks and uncertainties that could cause actual results to differ
materially from those projected, including, without limitation: the
negative impact of the ongoing military actions between Russia and
Ukraine, any negative effects of sanctions, export controls and
similar measures targeting Russia as well as other responses to the
military conflict in Ukraine; further potential negative
developments of the COVID-19 pandemic, or other public health
crises, other negative developments in our business or unfavorable
legislative or regulatory development and the other important
factors discussed under the caption “Risk Factors” in Cian’s annual
report on Form 20-F filed with the U.S. Securities and Exchange
Commission (“SEC”) on April 27, 2023.
Any forward-looking statements contained in this press release
speak only as of the date hereof and accordingly undue reliance
should not be placed on such statements. We disclaim any obligation
or undertaking to update or revise any forward-looking statements
contained in this press release, whether as a result of new
information, future events or otherwise, other than to the extent
required by applicable law.
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version on businesswire.com: https://www.businesswire.com/news/home/20231003354995/en/
Investor contacts:
Daria Fadeeva ir@cian.ru
Media contacts:
Olga Podoliaka pr@cian.ru
Cian (NYSE:CIAN)
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