Yandex has determined the price of an additional issue for the motivation program

Yandex Board of Directors has set the share placement price for the long-term incentive program at ₽4393 per share. Company plans to issue up to 3.7 million shares by closed subscription in favor of ESOP SPV LLC, which operates the employee motivation program. The total number of outstanding shares will be calculated based on employee statements about the exercise of options.