articles | 22 May 2014

Wargaming Securities trading suspended by CSE

The Cyprus Stock Exchange (CSE) recently suspended the trading of Wargaming securities after Wargaming failed to publish its financial data for the year 2013.

CSE promises to resume the trading as soon as the reason for the suspension is resolved.

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

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

The rest (2%) of shares are in free circulation. Wargaming representatives have not offered 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 the first half of the year 2013 reached €234 million, with net profit of €25,6 million.

Analytical company SuperData estimates total Wargaming revenue in 2013 at $475 million USD (€347 million) and estimates that 2014 revenue might reach $509 million USD (€372 million).

Source: For The Record

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