Antis Triantafyllides & Sons LLC advises Cian PLC on the latter’s offering on NYSE/MOEX  
Antis Triantafyllides & Sons LLC advised Cian PLC, a leading online real estate classifieds platform in Russia, on the pricing of its initial public offering of 18,213,400 American Depositary Shares (“ADSs”), each representing one ordinary share of Cian, 4,042,400 of which are being offered by Cian and 14,171,000 of which are being offered by certain selling shareholders of Cian (Selling Shareholders), at a price to the public of USD 16 per ADS. The ADSs began trading on the New York Exchange and on the Moscow Stock Exchange on Friday, 5 November 2021, under the symbol “CIAN”.
Morgan Stanley, Goldman Sachs International, and J.P. Morgan are acting as joint lead book-running managers for the IPO. BofA Securities, Renaissance Capital, VTB Capital, Alfa CIB, AO Raiffeisenbank and Tinkoff are acting as joint bookrunners.
Our firm’s team was led by the managing partner of the firm, Stelios Triantafyllides, along with associates Elena Bryukhnova, Vasiliki Triantafyllides and Elvira Georgiou.