Antis Triantafyllides & Sons advises HeadHunter Group PLC on USD 253 million offering on NASDAQ
Our firm’s IPO team advised HeadHunter Group PLC, the leading online recruitment platform operating in Russia and the Commonwealth of Independent States, in connection with the US$253 million initial public offering of its 18,750,000 American Depositary Shares (ADSs) representing 18,750,000 Ordinary Shares at a price of US$13.50. All ADSs in the offering were sold by HeadHunter Group PLC’s controlling shareholders, Highworld Investments Limited and ELQ Investors VIII Limited. Underwriters include Morgan Stanley, Goldman Sachs, Credit Suisse, VTB Capital, Bank of America Merrill Lynch and Sberbank CIB. HeadHunter Group PLC’s ADSs are listed on the Nasdaq Global Select Market and trade under the symbol “HHR.”
HeadHunter Group PLC is the first Russian IPO on a US exchange since 2013. HeadHunter Group PLC focuses on connecting job seekers with employers, offering access to an extensive CV database and job postings platform, as well as other recruitment-related value added services. For the years ended December 31, 2016, 2017 and 2018, HeadHunter Group PLC averaged 16.7 million, 17.5 million and 20.0 million unique visitors per month, respectively.