New Yandex shareholders represented by ZPIF " Consortium. First" announced the terms of conversion and exchange of shares of the Dutch Yandex N. V., writes RBC, with reference to the company's press release. Investors who bought securities on the Moscow or St. Petersburg Stock Exchanges will be able to exchange them for shares of the new Russian legal entity MKPAO Yandex in the ratio of 1:1. For those who bought securities in a foreign circuit, the conditions are more complex.