Board of Directors of Yandex decided to place up to 15.61 million additional shares by private subscription in favor of the operator of the employee incentive program ESOP SPV LLC. Company also announced that the number of shares in circulation, net of shares held in the accounts of ESOP SPV LLC, will not increase by more than 2% in the coming year.
Board of Directors of Yandex decided to place up to 15.61 million additional shares by private subscription in favor of the operator of the employee incentive program ESOP SPV LLC. Company also announced that the number of shares in circulation, net of shares held in the accounts of ESOP SPV LLC, will not increase by more than 2% in the coming year. 
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