EAHCISS News (English)

From the 1st of December 2025 "Reestr Proton", the new Russian registrar of Ozon, will start accepting applications for the forced conversion of depositary shares of Ozon. Ozon recently underwent redomiciliation from Cyprus to Russia. Applications for forced conversion can be submitted until the 31st of March 2026.  It is likely that this may be the only chance for holders of depositary shares to convert their depositary shares of Ozon into ordinary shares. If one does not participate in the current procedure the ordinary shares underlying the depositary receipts may well be liquidated for a discount once the depositary bank BNY may be able to do so. Magenta Legal recently published a video in which they explain the process. EAHCISS may organise a webinar on this topic too to help investors navigate the fairly complex procedure of forced conversion. The video by Magenta Legal can be viewed via YouTube: https://youtu.be/Xir-ZeLMeOM

Yesterday was the first day of trading of Ozon on the Moscow stock exchange after the process of redomiciliation from Cyprus to the Russian Federation was completed.  The 11th of November 2025 was also the day that Reestr-Proton, the registrar for Ozon, published the procedure for the forced conversion of depositary shares into local ordinary shares. This information can be found here: https://reestr-proton.ru/for_shareholders   EAHCISS is contemplating hosting a webinar to explain the process of forced conversion of Ozon depositary shares.  It is well possible that shareholders that do not apply for forced conversion may not have the chance to obtain ordinary shares of Ozon afterwards and that BNY will liquidate the Ozon shares that underly the depositary shares if they see a possibility to do so. Unfortunately voluntary conversion of depositary shares of Ozon has, in practice, not been possible due to a global lock that was placed on the depositary shares by the DTC in ...

Today was the last day of trading of Ozon American Depositary Shares (ADS) on the AIX (Astana International Exchange). Ozon IPJSC (formerly Ozon Holdings PLC) announced on the 25th of September that the Company is now registered in the special administrative district in Kaliningrad region, Oktyabrsky Island, Russia as Ozon International Public Joint-Stock Company. Trading in Ozon IPJSC shares is expected to resume by the end of 2025. The Moscow Exchange will notify investors in advance.   Ozon has released a FAQ that guides investors through the impact of redomiciliation. The FAQ can be found here . Holders of depositary shares will be able to apply for forced conversion in order to receive ordinary shares in Ozon IPJSC. The process and deadlines for forced conversion will be communicated in due course.