11-Nov-2022 / 20:00 MSK
Dissemination of a Regulatory Announcement that contains inside information in accordance with the Market Abuse Regulation (MAR), transmitted by EQS Group.
The issuer is solely responsible for the content of this announcement.
11 November 2022. VK Company Limited (LSE: VKCO; hereinafter referred as the “Company” or the “Group”) makes a notification below in accordance with the requirements of the EU Market Abuse Regulation.
Notification and public disclosure of a transaction by PDMR:
1.
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
Singularity Lab JSC
2.
Reason for the notification
a)
Position / status
PCA of PDMR, Alexander Ayvazov
b)
Initial notification / amendment
Initial notification
3.
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name
VK Company Limited
b)
LEI
2138009IXUP41SPL5B50
4.
Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)
Description of the financial instrument, type of instrument
Ordinary shares of US$0.000005 par value each (“Ordinary Shares”)
Identification code
N.A.
b)
Nature of the transaction
Purchase of Ordinary Shares
c)
Price(s) and volume(s)
Price(s)
Volume(s)
RUR 404.6
61,528,857
d)
Aggregated information:
N.A. – single transaction
e)
Date of the transaction
10 November 2022
f)
Place of the transaction
Outside a trading venue
For further information please contact:
VK PR team
pr@vk.team
VK IR team
ir@vk.team
About VK
VKis one of the largest technology companies in Russia. Its products help millions of people with their day-to-day needs online. More than 90% of the Russian internet audience use VK services, which enable people to keep in touch, play video games, master new skills, listen to music, watch and create video content, buy and offer goods and services and fulfill wide range of other needs. The company provides a number of solutions for digitizing business processes, from online promotion and predictive analytics to corporate social networks, cloud services and enterprise automation.
VK Company Limited (formerly Mail.ru Group Limited) is specialized in the operation of Internet communication, entertainment and e-commerce platforms. Net sales break down by activity as follows:
- internet communication and social networking portals (47.8%): operation of e-mail and instant messaging platforms, search engines, cloud-based application platforms and social networks (VKontakte and Odnoklassniki);
- operation of online gaming platforms (34.7%);
- operation of educational platforms (8.3%);
- other (9.2%): including operation of e-commerce portals.
Net sales by revenue source break down into sales of advertising space (38.6%), sales of services related to online games (30.2%), sales of value-added Internet services (14.7%), sales of education technology services (8.3%) and other (8.2%).