Mandatory Tender Offer

To the attention of Vozrozhdenie Bank shareholders

On January 15, 2016 Vozrozhdenie Bank received a mandatory tender offer (MTO) from Promsvyazbank on purchase of 11,226,239 (eleven million two hundred twenty six thousand two hundred thirty nine) V.Bank ordinary non-documentary registered shares (state registration number of the issue 10101439В). As of the date of sending the MTO, Promsvyazbank and its affiliates held 52.73% of V.Bank’s ordinary shares.

The MTO price is 533 rubles per share. It was determined as the average weighted price according to the trading results on CJSC MICEX Stock Exchange for the six months prior to sending of the MTO to the Bank of Russia (December 30, 2015). As per the information provided by Promsvyazbank in the offer, MTO price exceeded the maximum price per share, at which Promsvyazbank and its affiliates had acquired shares of Vozrozhdenie Bank within six months preceding sending MTO to V.Bank that was equal to 530 rubles per share. The MTO price complies with item 4 Clause 84.2 of the Federal Law On Joint-stock Companies.

Record date for the MTO was set as January 15, 2016. If the nominee holder is recorded in the registrar, the offer will be sent to him for forwarding it to the beneficial owners.

Mandatory Tender Offer (PDF, 296.9 KB)

Recommendations of the Board of Directors (PDF, 70.9 KB)

Procedure for participation in the MTO

The owner of V.Bank ordinary shares that is willing to accept the MTO shall send the securities sale application in Russian with full and actual details of his/her Russian Ruble bank account. The application can be sent via post or filed in-person (from 10 am to 5 pm, except for weekends and holidays). In case of in-person filing of the application the shareholder shall bring the identification document, the representative of the shareholder shall bring the document confirming his authorities to act on behalf of the applicant.

Postal address: 10 Smirnovskaya str., building 22, Moscow, 109 025, Russian Federation. Address for in-person filing of the application: 10 Smirnovskaya str., building 22, Moscow, 109 025, Russian Federation.

Holders of V.Bank ADRs willing to accept the MTO shall convert their ADRs into ordinary shares subject to purchase according to MTO before filing the application. Conversion procedure is described here (ссылка http://www.vbank.ru/en/investors/securities/shareholders/adrs/message_for_owners/)

Securities sale application is filed in free format and shall include the following information:

  1. Applicant identification information:
    For individuals: full name, passport details, address
    For legal entities: full company name, registration details (primary state registration number — OGRN, taxpayer identification number — INN, for non-residents of the Russian Federation — similar details), address;
  2. Reference to the MTO of Promsvyazbank dated December 30, 2015 on purchase of Vozrozhdenie Bank shares;
  3. Category (type), series and other identification characteristics of the Issuer’s securities to be sold under MTO. Statement that the shares to be sold are free of any and all rights, claims, liens, mortgages, security interests or other encumbrances held by any person);
  4. Confirmation of consent for payment in Russian Rubles;
  5. All the details for executing the payment;
  6. Contact telephone number.

The application shall be prepared in Russian and contain the date of its execution. It shall be signed by the owner of shares or the authorised person.

To avoid mistakes in preparing the application you could refer to the recommended form of the application in Russian (DOCX, 17.9 KB).

Checklist on securities sale application for Vozrozhdenie Bank shareholders participating in the MTO (DOCX, 15.4 KB)

Deadline for accepting the MTO and filing the securities sale application — March 28, 2016.

Within 15 days from the deadline for filing the application (on or before April 12, 2016) Vozrozhdenie Bank shares free of any rights of third parties shall be credited to the depo account of Promsvyazbank with the depository. From March 28, 2016 to April 12, 2016 the owner of the securities shall file the order on transfer thereof with Vozrozhdenie Bank registrar (if the shares are recorded in the register) or with the custodian servicing the shareholder (in case of intra-depository transfer within the National Settlement Depository). The order shall include the following information:

In case of securities transfer from the account of the owner with the register:

  • Recipient — National Settlement Depository (Certificate of primary state registration number of the legal entity registered on July 1, 2002, OGRN 1027739132563 issued on August 30, 2002, Moscow Interdistrict Inspectorate № 39 of the Ministry of the Russian Federation for Taxes and Levies)
  • Current account with the nominee of the National Settlement Depository — 120769
  • Type of account — nominee
  • Reference (set of at least 6 symbols, including Latin letters and figures to be communicated to the depository of Promsvyazbank)

Basis for the transfer:

  • Depo account agreement № 386/ДСВ-0 dated 13.01.1999
  • Mandatory Tender Offer of Promsvyazbank PJSC on purchase of Vozrozhdenie Bank shares dated December 30, 2015, deadline for the accept of the mandatory tender offer — March 28, 2016.
  • Securities sale application from (the owner) № ___ dated ______.

In case of intra-depository transfer within the National Settlement Depository:

  • Recipient — Promsvyazbank PJSC (account of the owner)
  • Deponent code (identification) — МС0038600000
  • Depo account — MS 9611140923
  • Section code — 00000000000000000 — main

Basis for the transfer:

  • Depo account agreement № 386/ДСВ-0 dated 13.01.1999
  • Mandatory Tender Offer of Promsvyazbank PJSC on purchase of Vozrozhdenie Bank shares dated December 30, 2015, deadline for the accept of the mandatory tender offer — March 28, 2016.
  • Securities sale application from (the owner) № ___ dated ______.

Payment shall be executed by the depository within 14 days from crediting Promsvyazbank depo account (on or before April 26, 2016) via money transfer to the bank accounts of former securities’ owners opened in Russian rubles with the details stated in the securities sale application.

Results of Mandatory Tender Offer (PDF, 2 MB)

For all the enquiries regarding your shareholder account please contact Corporate Department

Tel.: +7 (495) 620-18-61; +7 (495) 641-32-87
Fax:
+7 (495) 620-18-61
e-mail:
corpupr@voz.ru