SFI Investment Holding sells treasury shares to Weridge Investments Limited

SFI Investment Holding (MOEX: SFIN) reports a sale of 1.77% of its treasury shares to its subsidiary, Weridge Investments Limited. The deal was completed on May 24, 2022.

Thus, SFI no longer owns its own shares, while the share of Weridge Investments Limited increased from 34.28% to 36.06%. SFI became the owner of its own (treasury) shares after making its minority shareholders a series of mandatory offers to buy back their securities.

SFI does not rule out the possibility of increasing the free float in the future if the situation in the financial markets is more favorable.