Segezha Group announced plans on April 12, 2021 for an initial public offering (IPO) on the Moscow exchange, the latest Russian company aiming for a listing. Segezha, controlled by conglomerate Sistema, said the IPO would involve a primary offering of newly issued shares to raise at least RUB 30 billion ($387 million), plus an over-allotment option of secondary shares. A roadshow is scheduled to begin on April 19, 2021 with pricing on April 26, 2021 two financial market sources told Reuters. Sistema will remain Segezha’s majority shareholder, Segezha said. Reuters reported last April 8, 2021 that Segezha would announce an IPO this week.