The Moscow Exchange will delist the American Depositary Receipts of NanduQ PLC, which holds Qiwi’s foreign assets, on November 20, 2025. Trading will cease the same day. NanduQ earlier announced plans for delisting, citing no business operations in Russia and a focus on the Astana Exchange. Qiwi completed its restructuring in January 2024, selling its Russian assets for 23.75 billion rubles.