Exhibit 99.1
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Ozon Announces Filing of Form 15F to Deregister with the U.S.
Securities and Exchange Commission
9 November, 2023 – Ozon Holdings PLC (MOEX, AIX: “OZON”, hereafter referred to as “we”, “us”, “our”, “Ozon” or the “Company”), announces that today it filed a Form 15F with the U.S. Securities and Exchange Commission (the “SEC”) for purposes of terminating the registration of its ordinary shares and American Depositary Shares (the “ADSs”), each representing one ordinary share, and its reporting obligations under Sections 13(a) and Section 15(d) of the U.S. Securities Exchange Act of 1934, as amended (the “Exchange Act”). As of today, all the Company’s reporting obligations under the Exchange Act are suspended, unless the Form 15F is subsequently withdrawn or denied.
Deregistration with the SEC and termination of the Company’s reporting obligations under the Exchange Act (the “Deregistration”) are expected to become effective on 7 February, 2024 or within a shorter period as the SEC may determine.
The Company’s decision to proceed with the Deregistration is aimed at reducing the complexity and costs of reporting following the delisting of the ADSs from The Nasdaq Stock Market LLC (“Nasdaq”). The Company’s ADSs are delisted from Nasdaq with effect from 9 November, 2023.
Following the Deregistration, the Company expects to continue to make available to all investors, on a regular basis, sufficient financial disclosures via its website, https://ir.ozon.com, in line with applicable laws and regulations.
The Company does not expect the Deregistration to have any immediate effect on the terms of the ADSs under its ADS program. The ADSs will continue to be listed on the Moscow Exchange and the Astana International Exchange, and the Company intends to continue to publish on its website, in English, the information required by such exchanges in accordance with applicable requirements.
The Deregistration does not impact the Company’s business operations.
About Ozon
Ozon is a multi-category e-commerce platform operating in Russia, Belarus, Kazakhstan, Kyrgyzstan, Armenia, China and Turkey. Its fulfillment infrastructure and delivery network enable Ozon to provide its customers with fast and convenient delivery via couriers, pick-up points or parcel lockers. Its extensive logistics footprint and fast-developing marketplace platform allow entrepreneurs to sell their products across 11 time zones and offer customers wide selections of goods across multiple product categories. Ozon actively seeks to expand its value-added services such as fintech and other new verticals such as Ozon fresh online grocery delivery. For more information, please visit https://corp.ozon.com.