Rolf started preparations for an IPO in the second half of 2022

Car dealer Rolf is considering an initial public offering (IPO) in the second half of 2022. The company’s management is confident that a lawsuit against the former owner of Rolf will not interfere with attracting investors.

Rolf started preparations for an IPO in the second half of 2022

On the preparation of a car dealer for the Bloomberg IPO reported CEO of the company Svetlana Vinogradova. According to her, the ruling of the Moscow Region court to freeze assets worth 12.85 billion rubles in a criminal lawsuit against the former owner of the company, Sergei Petrov, who is currently being appealed by Rolf, will not affect the IPO plans in the second half of 2022.

“Placing our bonds right after the criminal charges showed us how interesting our company is to investors. It became clear that criminal charges against specific individuals have nothing to do with the company or how it functions, ”Vinogradova said.

The founder of the company, Sergey Petrov, came under criminal prosecution along with several top managers of the company in 2019. They are suspected of illegally exporting almost 4 billion rubles.

On November 27, 2021, the court blocked the accounts of the Rolf car dealer as part of an investigation into the withdrawal of funds abroad. On November 30, 2021, the Prosecutor General’s Office filed a lawsuit with the Khimki Court of the Moscow Region to recover 12.85 billion rubles from the Rolf car dealer and Sergei Petrov.

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Source: RB.RU by

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