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Sberbank: Sber informs on the conversion of depository receipts into ordinary shares

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Sberbank (SBER)
Sberbank: Sber informs on the conversion of depository receipts into ordinary shares
18-May-2022 / 12:22 MSK
Dissemination of a Regulatory Announcement, transmitted by EQS Group.
The issuer is solely responsible for the content of this announcement.

Sber informs on the conversion of depository receipts into ordinary shares

Sber informs on the beginning of the 30-day period during which holders of depositary receipts are entitled to convert the receipts into Sber ordinary shares at a ratio of 1:4.

Following the resignation of its powers as a depository bank under the Sber depositary receipts program, JP Morgan Chase N.A. notified holders of receipts of the termination of the conversion and the depositary receipt program on June 16, 2022.

Subject to existing restrictions issued by foreign regulators, holders of depositary receipts may be limited in their rights to hold and execute transactions with Sber shares.

Sberbank has notified the Financial Conduct Authority and the London Stock Exchange on its intention to cancel the listing of the depositary receipts. Earlier, Sber depository receipts were delisted from the Deutsche Boerse.

More information about the conversion of depositary receipts into Sber ordinary shares is available in the frequently asked questions section on Sber website.


ISIN:

US80585Y3080, RU0009029540, RU0009029557, US80585Y4070

Category Code:

MSCM

TIDM:

SBER

LEI Code:

549300WE6TAF5EEWQS81

OAM Categories:

3.1. Additional regulated information required to be disclosed under the laws of a Member State

Sequence No.:

162605

EQS News ID:

1355675


 

End of Announcement

EQS News Service

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