Sberbank: Sberbank of Russia announces SEC registration of ADR Level 1
EquityStory.RS, LLC-News: Sberbank / Key word(s): Miscellaneous/Miscellaneous Sberbank: Sberbank of Russia announces SEC registration of ADR Level 1
28.06.2011 / 14:36
Sberbank of Russia announces SEC registration of ADR Level 1
28 June 2011, Moscow - Sberbank of Russia announces that the United States Securities and Exchange Commission (SEC) has declared effective a registration statement with respect to a Level 1 ADR program as of June 27, 2011. Each ADR in the program represents 4 (four) ordinary shares of Sberbank of Russia. DR ISIN: US80585Y3080.
The Bank of New York Mellon (BNY Mellon) will be acting as the depositary bank and Sberbank of Russia will serve as the custodian bank for the ADR program.
The maximum number of shares of Sberbank of Russia that can be traded abroad as part of the ADR program is up to 25% of Sberbank's outstanding common shares.
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Sberbank of Russia Alexander Baziyan Public Relations Tel. +7(495) 957 5721
Sberbank of Russia JSC is the largest bank in Russia, Central and Eastern Europe, and its share includes about 30% of assets of Russian banking system with about 240 thousand employees. Central Bank of the Russian Federation is the founder and the major shareholder of Sberbank of Russia JSC, owning above 60% of voting shares. Other shareholders include about 245 thousand individuals and legal entities. The Bank has the most developed branch network in Russia: 17 territorial banks, about 20 thousand branches and internal organization departments, as well as subsidiary banks in Kazakhstan, Ukraine and Belarus, a branch in India, and a representative office in Germany.
General license of the Bank of Russia to perform bank operations 1481.
Bank's official site - www.sberbank.ru
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Language: English Company: Sberbank 19 Vavilova St. 117997 Moscow Russland Phone: +7-495-957-57-21 E-mail: media@sberbank.ru Internet: www.sberbank.ru Listed: Foreign Exchange(s) MICEX, RTS
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129981 28.06.2011
ISIN noisin054146 RU0009029540 RU0009029557
AXC0144 2011-06-28/14:36
