Who will own the companies?
Posted: Mon Jan 27, 2025 5:28 am
When asked who, as a result of the deal, will own shares in Yandex NV, as well as shares in that part of the business from which this company will leave the shareholder group, a Yandex representative did not answer, indicating that “this is still being discussed.”
Currently, the share capital cambodia cell phone number list of Yandex NV is divided between the family trust of Yandex founder Arkady Volozh (8.5%) and other employees of the company (3.2%), the remaining 87.6% is in free float. At the same time, the main owners of voting shares are the Volozh family trust (45.1%) and members of the board of directors, officials and employees of the company (6.6%). Also, since 2019, there is a Public Interest Fund, which received the so-called golden share of the company (allows you to block the consolidation of 10% or more economic or voting shares in one hand, coordinate the transfer of significant intellectual property, changes in the company's regulations on the protection of non-anonymous big data of Russian users, possible partnerships with governments of other countries, temporarily remove the head of Yandex in Russia from office).
Earlier, RBC sources reported that late on Thursday, November 24, the head of the Accounts Chamber, Alexei Kudrin, agreed on a plan to divide Yandex at a meeting with Russian President Vladimir Putin, which assumed that Volozh would lose control over the Russian part of the business in exchange for receiving intellectual property rights in the field of unmanned, cloud and a number of other technologies. At the first stage, 2%, and after some time another 3% of the shares in the Russian part, according to the sources, along with "a certain position" (which one has not yet been decided) should be received by Alexei Kudrin as an intermediary in coordinating the restructuring. According to one of the sources, the share in this part of the business may also be bought out by Yandex management, but another source pointed out the difficulties of finding financing to implement this option. But third-party investors may receive a share in the company: RBC sources name the structures of Interros owner Vladimir Potanin and co-owner of the PIK group Sergei Gordeev among them (representatives of the businessmen do not comment on this).
Currently, the share capital cambodia cell phone number list of Yandex NV is divided between the family trust of Yandex founder Arkady Volozh (8.5%) and other employees of the company (3.2%), the remaining 87.6% is in free float. At the same time, the main owners of voting shares are the Volozh family trust (45.1%) and members of the board of directors, officials and employees of the company (6.6%). Also, since 2019, there is a Public Interest Fund, which received the so-called golden share of the company (allows you to block the consolidation of 10% or more economic or voting shares in one hand, coordinate the transfer of significant intellectual property, changes in the company's regulations on the protection of non-anonymous big data of Russian users, possible partnerships with governments of other countries, temporarily remove the head of Yandex in Russia from office).
Earlier, RBC sources reported that late on Thursday, November 24, the head of the Accounts Chamber, Alexei Kudrin, agreed on a plan to divide Yandex at a meeting with Russian President Vladimir Putin, which assumed that Volozh would lose control over the Russian part of the business in exchange for receiving intellectual property rights in the field of unmanned, cloud and a number of other technologies. At the first stage, 2%, and after some time another 3% of the shares in the Russian part, according to the sources, along with "a certain position" (which one has not yet been decided) should be received by Alexei Kudrin as an intermediary in coordinating the restructuring. According to one of the sources, the share in this part of the business may also be bought out by Yandex management, but another source pointed out the difficulties of finding financing to implement this option. But third-party investors may receive a share in the company: RBC sources name the structures of Interros owner Vladimir Potanin and co-owner of the PIK group Sergei Gordeev among them (representatives of the businessmen do not comment on this).