Board of Directors of VK proposed to shareholders to increase the authorized capital by placing additional ordinary shares by private subscription. Company plans to raise up to 115 bln to reduce its debt load. Price of the placement is set at 324.9 per share, which corresponds to the weighted average price based on the results of trading for three months - from December 18, 2024 to March 18, 2025. Shareholders' meeting on the additional issue will be held on April 30, 2025 in the form of absentee voting.