DGAP-News: Sberbank: Sberbank of Russia announces SEC registration of ADR Level 1
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Sberbank: Sberbank of Russia announces SEC registration of ADR Level 1
28.06.2011 / 14:36
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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.
# # #
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
End of Corporate News
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Language: English
Company: Sberbank
19 Vavilova St.
117997 Moscow
Russland
Phone: +7-495-957-57-21
E-mail: media(at)sberbank.ru
Internet: www.sberbank.ru
Listed: Foreign Exchange(s) MICEX, RTS
End of News EquityStory.RS, LLC News-Service
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129981 28.06.2011
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Datum: 28.06.2011 - 08:36 Uhr
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