MOSCOW, September 25, 2020 (GLOBE NEWSWIRE) – HeadHunter Group PLC (Nasdaq: HHR, MOEX: HHRU) (the “Company”) announced the commencement of trading of its American Depositary Shares (ADS) (ticker: HHRU) on la Moscow Stock Exchange.
Commenting on the event Mikhail Zhukov, CEO of HeadHunter Group, said: “We are delighted to offer investors access to our securities through the Moscow Stock Exchange with a clear and convenient infrastructure, quoted and settled in Russian rubles.”
Yury Denisov, CEO of Moscow Exchange, added: “Headhunter is one of the most popular and useful resources for both employers and job seekers. Now, millions of users of the platform can purchase shares of this leading recruiting agency using the Moscow Exchange infrastructure.
“We are delighted that the companies of the new economy are listed on the Moscow Stock Exchange. This helps attract new investors to the market and allows them to diversify their portfolios, which is especially necessary amid the growing demand for exchanges from retail investors: 6.5 million people have already opened brokerage accounts to trade on MOEX, of which 2.8 million have joined the exchange this year. A secondary listing in Moscow creates additional demand for a company’s securities from Russian investors and increases liquidity. “
About HeadHunter Group PLC
HeadHunter is the leading online recruiting platform in Russia and the Commonwealth of Independent States focused on providing comprehensive talent acquisition services, such as access to an extensive database of CVs, job postings (job posting platform) and a value added service portfolio.
Information on the Moscow exchange
MOEX operates the leading Russian trading platform for currencies, money market instruments, stocks, bonds, derivatives and commodities. The Group includes the Central Securities Depository (National Settlement Depository) and a Clearing Center (National Clearing Center), which perform the functions of central counterparty on the markets, which allows MOEX to offer its clients a full range of trading services and post-trading.
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Any statements contained in this press release that do not relate to historical facts should be considered forward-looking statements, including, without limitation, statements that include the words ” expect “,” intend “,” plan “,” believe “,” plan “,” foresee “,” estimate “,” could “,” should “,” anticipate “and similar statements of a future or far-sighted nature. These forward-looking statements are based on management’s current expectations. Actual results may differ materially from the results expected or implied in such statements and our reported results should not be construed as a guide to future performance. Potential risks and uncertainties that could cause actual results to differ from the results expected or implied by such statements include, inter alia, significant competition in our markets, our ability to maintain and improve our brand, our ability to improve our user experience and product offerings, our ability to respond to industry developments, our dependence on the Russian Internet infrastructure, global macroeconomic and geopolitical developments affecting the Russian economy or our business, including the impact of the COVID-19 pandemic, changes in policies, legal and / or regulatory concerns for the environment, privacy and data protection and our need to spend capital to accommodate business growth, as well as those risks and uncertainties including under the caption “Risk Factors” in our Annual Report on Form 20-F for the year ended December 31, 2019 and our prospectus under Rule 424 (b) filed with the SEC on July 16, 2020, as such factors may be updated from time to time in our other filings with the Securities and Exchange Commission (“SEC “) of the United States, each of which is on file with the SEC and is available on the SEC’s website at www.sec.gov. Furthermore, we operate in a very competitive and rapidly changing environment. New risks emerge from time to time. It is not possible for our management to predict all risks, nor can we assess the impact of all factors on our business or the extent to which any factor, or combination of factors, may cause actual results to differ materially from those contained. in any forward-statements we can make. In light of these risks, uncertainties and assumptions, the forward-looking events and circumstances discussed in this release are inherently uncertain and may not occur, and actual results may differ materially and negatively from those anticipated or implied in the forward-looking statements. Consequently, you should not rely on forward-looking statements as a forecast of future events. In addition, forward-looking statements made in this release refer only to events or information as of the date on which the statements are made in this release. Except as required by law, we undertake no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, after the date on which the statements were made or to reflect the occurrence of unforeseen event declarations.