Cian plc

09/18/2025 | Press release | Archived content

CIAN PLC Receives Official Approval for Redomiciliation to Russia

IPJSC Cian (Moscow Exchange: CNRU), a leading online real estate classifieds platform in Russia, announces that its subsidiary CIAN PLC has received a certificate of continuation from the Cyprus Registrar of Companies confirming the continuation of its operations in another jurisdiction, which constitutes official approval for the company's redomiciliation to Russia.

Within the next two weeks, CIAN PLC will submit documents for registration in the special administrative district (SAD) on Oktyabrsky Island in Russia's Kaliningrad region as International Joint Stock Company CN (IPJSC CN). The redomiciliation process is expected to be completed within one month following the submission of documents with the SAD.

Following completion of the redomiciliation, management plans to submit to the Board of Directors for consideration the issue of paying a special dividend, which, according to preliminary estimates, may exceed RUB 100 per share. Upon redomiciliation, CIAN PLC's depositary receipts will be automatically and mandatorily converted into shares of the redomiciled company. The Company is considering options for the subsequent exchange of these securities for shares of IPJSC Cian, which are traded on the Moscow Exchange.

About Cian

Cian is a leading online real estate classifieds platform in the large, underpenetrated and growing Russian real estate classifieds market, with a strong presence across Russia and leading positions in key cities and regions. The Company ranks among the top 10 most popular online resources for real estate classifieds globally in terms of traffic (based on SimilarWeb traffic data for June 2025). Cian's networked real estate platform connects millions of real estate buyers and renters to millions of high-quality real estate listings of all types: residential and commercial, primary and secondary, urban and suburban. Over H1 2025, the Company had 2.1 million listings available through its platform and an average of 19.5 million unique monthly visitors (UMV). Through its technology-driven platform and deep insights into the Russian real estate market, the Company provides comprehensive solutions for its customers and users, and helps resolve a multitude of issues on the journey to obtaining a new home or workplace.

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Forward-looking statements

This press release contains forward-looking statements. Statements in this press release, whether express or implied, that are not statements of historical fact are considered forward-looking statements, as well as any statements that include the words "plan," "believe," "expect," "goal," "intend," "hope," "possibly," "assume," "estimate," "forecast," "will," "may," "might," "likely," "should," "would," "could" and other words and terms of similar meaning or their negative forms. Forward-looking statements relating to possible dividend payouts in the future are not guarantees such payments will be made.

Although the Company believes that in making any forward-looking statement its expectations are based on reasonable assumptions, any forward-looking statement involves uncertainties that could cause actual results to differ substantially from those projected in the forward-looking statement.

The Company makes no representation, warranty or prediction that the results anticipated in such forward-looking statements will be achieved, and such forward-looking statements in each case represent only one of many possible scenarios and should not be considered the most likely or standard scenario. Accordingly, the Company's shareholders are cautioned not to place undue reliance on these forward-looking statements.

The forward-looking statements in this press release are presented only as of the date hereof and, accordingly, undue reliance should not be placed on their contents. The publication of this press release does not constitute an undertaking or obligation to update or revise the forward-looking statements contained herein, whether as a result of new information, future events or otherwise, except as required by applicable law.

Cian plc published this content on September 18, 2025, and is solely responsible for the information contained herein. Distributed via Public Technologies (PUBT), unedited and unaltered, on September 22, 2025 at 15:11 UTC. If you believe the information included in the content is inaccurate or outdated and requires editing or removal, please contact us at [email protected]