10.04.2013

Information on the procedure for converting type A preferred shares into the Bank's ordinary shares

Dear holders of type A preferred shares!

Please be informed of the procedure for converting type A preferred shares into the Bank’s ordinary shares.

As of today, documents required for registration of the additional ordinary shares issue were submitted to the Main St. Petersburg Department of the Central Bank of the Russian Federation. The issue is expected to be registered in late April / early May of the current year under state registration number 10300436B015D (015D being the individual code).

According to the listing rules, no later than the day immediately following the date when the announcement concerning registration of the ordinary shares issue is published, a resolution will be made to suspend stock-exchange trading in type A preferred shares (late April / early May 2013). OTC trading and transfer of the securities will still be possible till May 14, 2013 inclusive.

In compliance with the Bank’s Charter and current Russian legislation requirements, the conversion must be completed on May 15, 2013. On that date the Bank’s Registrar, CJSC «Computershare Registrator», will convert type A preferred shares into ordinary shares of the Bank on the accounts of the registered and nominee holders. Additional information regarding the conversion procedure for the accounts of shareholders recording their rights to type A preferred shares with depositary institutions can be obtained by such shareholders directly from the institution recording their rights to type A preferred shares.

The conversion of type A preferred shares into ordinary shares is performed by the Registrar on the issuer’s request and does not require any additional actions from the shareholders.

The change of property on ordinary shares received by the shareholders as a result of type A preferred shares conversion is prohibited until the report on additional issue of ordinary shares is registered, which is expected to happen in June 2013.

Once the report is registered, it will be possible to conduct any transactions with ordinary shares obtained through the conversion of type A preferred shares, except for stock-exchange trading.

After three months following the date of state registration of the report on additional issue of ordinary shares (September 2013), the individual code of the new issue will be cancelled. Starting from the code cancellation date ordinary shares obtained through the conversion of type A preferred shares will be allowed for stock-exchange trading at MICEX.

PLEASE NOTE! Stock-exchange trading in ordinary shares obtained through the conversion of type A preferred shares WILL NOT BE POSSIBLE from late April / early May 2013 till September 2013 inclusive.

Procedure for converting (PDF, 228 Kb) (.pdf 227 Kb)

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