David Stewart, Olga Ponomarenko, Daria Latysheva, Jennifer Gascoyne, Matthew Fisher, Viktoria Petukhova, Laura Harper, Alexander Fedorkov, Nina Malkova, Anton Vologin, Jennifer Pepin, Jiyeon Lee-Lim, Lauren Bewley
January 24, 2026
Latham & Watkins Advises on Cian’s IPO on NYSE/MOEX
1 min
AI-made summary
- Latham & Watkins advised Cian PLC, a Russian online real estate classifieds platform, on the pricing of its initial public offering of 18,213,400 American Depositary Shares (ADSs) at US$16 per ADS
- Of these, 4,042,400 ADSs are offered by Cian and 14,171,000 by selling shareholders, who also granted underwriters a 30-day option to purchase up to 2,732,010 additional ADSs
- The ADSs are expected to trade on the New York and Moscow Exchanges from November 5, 2021 under the symbol 'CIAN'.
Latham & Watkins 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 US$16 per ADS. The Selling Shareholders have also granted the underwriters of the IPO a 30-day option to purchase up to an additional 2,732,010 ADSs, at the initial public offering price, less underwriting discounts and commissions. The ADSs are expected to begin trading on the New York Stock Exchange and the Moscow Exchange on November 5, 2021 under the symbol “CIAN”. The Latham team was led by corporate partners David Stewart and Olga Ponomarenko, with associates Daria Latysheva, Jennifer Gascoyne, Matthew Fisher, Viktoria Petukhova, Laura Harper, Alexander Fedorkov, Nina Malkova, and Anton Vologin. Advice on benefits matters was provided by partner Jennifer Pepin; and on tax matters by partner Jiyeon Lee-Lim and associate Lauren Bewley.~~
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David Stewart, Olga Ponomarenko, Daria Latysheva, Jennifer Gascoyne, Matthew Fisher, Viktoria Petukhova, Laura Harper, Alexander Fedorkov, Nina Malkova, Anton Vologin, Jennifer Pepin, Jiyeon Lee-Lim, Lauren Bewley
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