Ozon Informs About Developments at Ozon Bank
February 28, 20223 min
Ozon Holdings PLC (NASDAQ and MOEX: “OZON”, thereafter referred to as “Ozon” or the “Company”), a leading Russian e-commerce platform, announces that on February 24, 2022 its banking subsidiary, Limited Liability Company Ozon Bank (“Ozon Bank”), was included in the Specially Designated Nationals and Blocked Persons List (the “SDN List”) by the Office of Foreign Assets Control (“OFAC”) of the U.S. Treasury Department as an entity “linked to Sovcombank Open Joint Stock Company”. Ozon acquired...