|Bid||0.00 x 1400|
|Ask||0.00 x 1800|
|Day's Range||11.31 - 12.59|
|52 Week Range||8.63 - 50.59|
|Beta (5Y Monthly)||N/A|
|PE Ratio (TTM)||N/A|
|Earnings Date||May 26, 2022|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||3,638.99|
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NEW YORK, June 01, 2022--Ozon Holdings PLC (NASDAQ and MOEX: "OZON", thereafter referred to as "we", "us", "our", "Ozon" or the "Company"), the operator of a leading Russian e-commerce platform, provides further update in respect of its $750 million 1.875 per cent. senior unsecured convertible bonds due 2026 ("Bonds"), issued by the group’s Cypriot holding company, Ozon Holdings PLC.
Nasdaq-listed Ozon, trading in whose shares has been suspended since Feb. 28, said it is restricted from sending cash from its Russian subsidiaries to its Cypriot holding company, Ozon Holdings Plc, which is the issuer of the bonds. Ozon had warned of bond payment issues in early March and has since entered into discussions with an ad hoc group of holders of its $750 million, 1.875% unsecured convertible bonds. Ozon, which has not been targeted by Western sanctions, has said Russian capital controls and the ever-changing regulatory backdrop were restricting it from diverting funds from its Russian subsidiaries, creating the risk that it would have insufficient liquidity at the required time.
NEW YORK, May 27, 2022--Ozon Holdings PLC (NASDAQ and MOEX: "OZON", thereafter referred to as "we", "us", "our", "Ozon" or the "Company"), an operator of the leading Russian e-commerce platform, announces its unaudited financial results for the first quarter ended March 31, 2022.