Cyprus Stock Exchange Suspends Trading of Wargaming Securities

Source: http://tech.onliner.by/2014/05/21/wargaming-7 (via Brenwen_lj)

Cyprus Stock Exchange (CSE) suspended the trading of Wargaming securities after Wargaming failed to publish its financial data for year 2013. CSE promises to resume the trading as soon as the reason for the suspension ís resolved. This was also reported by the vedomosti.ru portal.

According to the CSE data, Wargaming share ownership (April 2013) is as follows:

- Viktor Kislyi: 38,5 percent
- Vladimir Kislyi: 25,5 percent
- Nikolai Katselapov: 17 percent
- Ivan Mikhnevich: 17 percent

The rest (2 percent) of shares is in free circulation. Wargaming representatives doesn’t offer any comments on the situation. The last time Wargaming published the financial info on the CSE site was August 2013, revealing that the revenue for first half of the year 2013 reached 234 mil. Euro, with net profit of 25,6 mil. Euro. Analytical company “SuperData” estimates total Wargaming revenue in 2013 at 475 mil. USD (347 mil. EUR) and estimate that 2014 revenue might reach 509 mil. USD (372 mil. EUR).

28 thoughts on “Cyprus Stock Exchange Suspends Trading of Wargaming Securities”

I wonder why they didn’t publish the rest :P
2 things: either they forgot(which would be very silly) or they haven’t gotten enough revenue of what they were hoping for and are ashamed xD lolol

Desert_eeegle on May 21, 2014 at 3:47 pm said:

Knowing WG, they probably just forgot. That or they were having too many FPS drops while trying to publish them and crashed to desktop
deveen23 on May 21, 2014 at 3:47 pm said:

Or they just don’t care, since 4 guys hold 98%. And those 4 get the data.
- buzzkill150 on May 21, 2014 at 4:04 pm said:
  
  Yeah, that meams their wealth is tied to the equity in the company. Reporting irregularities would be a very bad thing for them personally.
  - deveen23 on May 21, 2014 at 5:26 pm said:
    
    Not really. Even if they decide to sell one day, it won’t be done over the Cyprus Stock Exchange.
Sergayisgayhowterriblegay on May 21, 2014 at 4:39 pm said:

Most likely they are still waiting for WG EU to translate the numbers in all languages before they publish the stuff, you know, WG style.
- Not_me on May 21, 2014 at 5:04 pm said:
  
  +1 everyone love Wg Paris ^^

I’m glad…

That fucking son of a bitch SerB isn’t one of the shareholders :)

EmperorSafirius on May 21, 2014 at 3:18 pm said:

Well he’s just a developer for WoT, not a big guy in the company WG which consists of many more departments and not just WoT :P
- ExoNut on May 21, 2014 at 3:23 pm said:
  
  Still, it is SerB who came up with core concept of the game and his position at WG is strong and influential.
  - Treborn on May 21, 2014 at 3:35 pm said:
    
    He is a vice-president or something and he does have decision power concerning WoT.
  - LaterTimeLord on May 21, 2014 at 8:12 pm said:
    
    He’s like Beria under Stalin’s rule; smart bastard.
CaptianNemo on May 21, 2014 at 3:53 pm said:

SerB likely has a few shares…
Outfielder on May 22, 2014 at 6:22 am said:

How terrible…..

This is weird why wouldn’t they publish them. No way they forgot is there?

buzzkill150 on May 21, 2014 at 4:05 pm said:

No.

and all they can afford to give out as a free e-gift, is tier pos tanks

23r0_NA on May 21, 2014 at 7:52 pm said:

I wouldn’t know about them being shitty – frankly, I’ve found the T1E6 and T7 CC to be useful for training my T1 Cunningham crew for use in Team Battles and TCs (and for seal clubbing when I finally get tired of stupidity at higher tiers and decide to go down to a tier where I expect that kind of stupidity and can compensate for it sometimes).

or something not so legal is going on :D

Kind of ironic after August 2013 they release the second German TD line, did they suffer a loss afterwards ?

Zarax on May 21, 2014 at 5:32 pm said:

After the massive free XP conversion fot WTF E-100 you can be sure of the opposite
- goff0103 on May 21, 2014 at 5:34 pm said:
  
  But how about afterwards, most players don’t have that many free XP around and they don’t want to just play the 2nd TD line only.

they’re behind “fixing” the books :D
can’t release them in real state

Zlig on May 21, 2014 at 11:04 pm said:

yea that or they are laundering money for the Russia mob more likely….

][][][][][][]][][][][][][]][][][][][][]][][][][][][]][][][][][][]][][][][][][]][][][][][][]][][][][][][]][][][][][][]
Hurrah! make your preparations to quite WoT for the World Cup boys and girls,
you though sotchi IP Streaming was bad, oh….
you gonna clock +150ms latency on good days….
- goff0103 on May 22, 2014 at 2:03 am said:
  
  Or play Warthunder ground forces where the developers actually listen to our feedback. The German M4 Sherman armor layout was wrong and they actually fixed it despite the game going open beta days ago due to players feedback in the forums instead of waiting for the next patch update.
  - SaintCaboose on May 22, 2014 at 8:39 am said:
    
    gaijin still havent said anything about the fucked up battle ratings. so as far as listening to feedback goes, they’re not any better.
    - goff0103 on May 22, 2014 at 10:46 am said:
      
      Maybe because there is nothing wrong with it ?

They havent forgot.

They just don’t want to pay taxes etc, that’s why they are in Cyprus also.

EmperorSafirius on May 21, 2014 at 3:14 pm said:

I wonder why they didn’t publish the rest :P
2 things: either they forgot(which would be very silly) or they haven’t gotten enough revenue of what they were hoping for and are ashamed xD lolol
- Desert_eeegle on May 21, 2014 at 3:47 pm said:
  
  Knowing WG, they probably just forgot. That or they were having too many FPS drops while trying to publish them and crashed to desktop
- deveen23 on May 21, 2014 at 3:47 pm said:
  
  Or they just don’t care, since 4 guys hold 98%. And those 4 get the data.
  - buzzkill150 on May 21, 2014 at 4:04 pm said:
    
    Yeah, that meams their wealth is tied to the equity in the company. Reporting irregularities would be a very bad thing for them personally.
    - deveen23 on May 21, 2014 at 5:26 pm said:
      
      Not really. Even if they decide to sell one day, it won’t be done over the Cyprus Stock Exchange.
- Sergayisgayhowterriblegay on May 21, 2014 at 4:39 pm said:
  
  Most likely they are still waiting for WG EU to translate the numbers in all languages before they publish the stuff, you know, WG style.
  - Not_me on May 21, 2014 at 5:04 pm said:
    
    +1 everyone love Wg Paris ^^
LaterTimeLord on May 21, 2014 at 3:16 pm said:

I’m glad…

That fucking son of a bitch SerB isn’t one of the shareholders :)
- EmperorSafirius on May 21, 2014 at 3:18 pm said:
  
  Well he’s just a developer for WoT, not a big guy in the company WG which consists of many more departments and not just WoT :P
  - ExoNut on May 21, 2014 at 3:23 pm said:
    
    Still, it is SerB who came up with core concept of the game and his position at WG is strong and influential.
    - Treborn on May 21, 2014 at 3:35 pm said:
      
      He is a vice-president or something and he does have decision power concerning WoT.
    - LaterTimeLord on May 21, 2014 at 8:12 pm said:
      
      He’s like Beria under Stalin’s rule; smart bastard.
- CaptianNemo on May 21, 2014 at 3:53 pm said:
  
  SerB likely has a few shares…
- Outfielder on May 22, 2014 at 6:22 am said:
  
  How terrible…..
CoolBreeze541 on May 21, 2014 at 4:04 pm said:

This is weird why wouldn’t they publish them. No way they forgot is there?
- buzzkill150 on May 21, 2014 at 4:05 pm said:
  
  No.
Dead_Zombie on May 21, 2014 at 4:44 pm said:

and all they can afford to give out as a free e-gift, is tier pos tanks
- 23r0_NA on May 21, 2014 at 7:52 pm said:
  
  I wouldn’t know about them being shitty – frankly, I’ve found the T1E6 and T7 CC to be useful for training my T1 Cunningham crew for use in Team Battles and TCs (and for seal clubbing when I finally get tired of stupidity at higher tiers and decide to go down to a tier where I expect that kind of stupidity and can compensate for it sometimes).
Bugii on May 21, 2014 at 5:16 pm said:

or something not so legal is going on :D
goff0103 on May 21, 2014 at 5:25 pm said:

Kind of ironic after August 2013 they release the second German TD line, did they suffer a loss afterwards ?
- Zarax on May 21, 2014 at 5:32 pm said:
  
  After the massive free XP conversion fot WTF E-100 you can be sure of the opposite
  - goff0103 on May 21, 2014 at 5:34 pm said:
    
    But how about afterwards, most players don’t have that many free XP around and they don’t want to just play the 2nd TD line only.
zMeul on May 21, 2014 at 6:10 pm said:

they’re behind “fixing” the books :D
can’t release them in real state
- Zlig on May 21, 2014 at 11:04 pm said:
  
  yea that or they are laundering money for the Russia mob more likely….
  
  ][][][][][][]][][][][][][]][][][][][][]][][][][][][]][][][][][][]][][][][][][]][][][][][][]][][][][][][]][][][][][][]
  Hurrah! make your preparations to quite WoT for the World Cup boys and girls,
  you though sotchi IP Streaming was bad, oh….
  you gonna clock +150ms latency on good days….
  - goff0103 on May 22, 2014 at 2:03 am said:
    
    Or play Warthunder ground forces where the developers actually listen to our feedback. The German M4 Sherman armor layout was wrong and they actually fixed it despite the game going open beta days ago due to players feedback in the forums instead of waiting for the next patch update.
    - SaintCaboose on May 22, 2014 at 8:39 am said:
      
      gaijin still havent said anything about the fucked up battle ratings. so as far as listening to feedback goes, they’re not any better.
      - goff0103 on May 22, 2014 at 10:46 am said:
        
        Maybe because there is nothing wrong with it ?
GL on May 22, 2014 at 1:54 pm said:

They havent forgot.

They just don’t want to pay taxes etc, that’s why they are in Cyprus also.