NICOSIA, CYPRUS — May 6, 2026 — NanduQ plc (AIX: NNDQ) (“NanduQ”, “Group” or the “Company”), an innovative provider of cutting-edge payment, financial, and digital token infrastructure services, today announces that it has completed the settlement of the sale agreement executed on January 19, 2024 in respect of the Russian assets consolidated under JSC QIWI (the “Transaction”).
According to the novation agreement relating to the Transaction entered between the Company, as seller, and Fusion Factor Fintech Limited, as buyer (the “Buyer”) on December 23, 2025, as amended (the “Novation Agreement”), the Buyer’s monetary obligation to pay the outstanding amount under the Transaction was expressed to be settled via (i) a RUB 4,000,000,000 cash payment (the “Cash Payment”); (ii) the transfer to the Company of 29,228,000 Class B shares of the Company or American depositary shares (ISIN: US74735M1080, CFI: EDSXFR) representing interests in the Class B shares of the Company (the “ADSs” and “Delivery Obligation”, respectively) on the terms and subject to the conditions of the Novation Agreement.
The Company announces that it is now in receipt of the Cash Payment and that the Delivery Obligation was settled by way of set-off of the Buyer’s obligation to transfer 29,228,000 ADSs against the Company’s payment obligation towards the Buyer under an invitation to make offers to sell Class B shares of the Company as described in the buyback memorandum dated March 31, 2026. Accordingly, the settlement of the Transaction has now been duly completed and there are no outstanding obligations on any of the parties thereto.
Consistent with the Company’s established strategy, NanduQ has divested its Russian assets and completed the transition to an international operating model initiated in
About NanduQ plc.
NanduQ plc is an innovative provider of cutting-edge payment, financial, and digital token infrastructure services. We stand at the forefront of fintech innovation, facilitating and securing the digitalization of payments while actively shaping the future of digital finance. Our mission is to create adaptive, next-generation fintech solutions that connect companies and millions of people in an increasingly tokenized world. We offer a wide range of payment and financial service products for merchants and B2C clients across various digital use-cases.
Through the strategic acquisition of MRCR Holdings Ltd — a Cyprus-based developer of digital token infrastructure — NanduQ is launching the Neo-Settlements Platform, designed to deliver tailored settlement solutions at the intersection of traditional finance and the digital asset economy.
NanduQ’s American depositary shares are listed on the Astana International Exchange (ticker: NNDQ). For more information, visit nanduq.com.
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