— Investor Relations — Instruction to Shareholder
Instruction to Shareholder
Instruction to the persons with pre-emptive right to purchase shares of additional issue
Information about the forthcoming share issue:
Category of securities: ordinary shares
Form of issue: registered non-documentary
Individual state registration number (code): 10101439B016D
Nominal value: RUR10 (ten)
Volume of issued shares (at par): RUR 30,000,000 (thirty million)
Number of issued shares: 3,000,000 (three million) items
Date of issue registration: 20.03.2007
Registration authority body: Central Bank of Russian Federation
Starting date of acceptance of Applications from persons with pre-emptive right: 11.04.2007
Closing date of acceptance of Applications from persons with pre-emptive right: 02.05.2007
Applications are accepted from 9.00 to 18.00 during the term of pre-emptive right validity (on business days) at the following address: 7/4 Luchnikov per. bldg.1, Moscow, 101000, Russian Federation.
Application can be forwarded by registered mail to the address: 7/4 Luchnikov per. bldg. 1, Moscow, GSP 101990, Russian Federation.
Incoming Applications shall be registered stating the date and the time of their receipt. Application should be received by the Bank within the period of pre-emptive right validity. The Application should be submitted to the Bank personally by the person having pre-emptive right to purchase shares or by his authorized representative that presents the original or a notary certified copy of the properly executed power of attorney or another document confirming its authority, or should be delivered by a courier. The documents attached to the Application must be listed in the inventory, one copy of which is to be passed to the Bank, and the second copy with the Bank’s note of receipt must be returned to the person filing the Application.
Starting date of share placement among the persons with pre-emptive right: business day following the date of disclosing a price of share placement through the business news service of the news agency “Interfax”.
Closing date of share placement among the persons with pre-emptive right: the 5 (fifth) business day (inclusive) from the date following the date of publishing a message about the price (procedure of determining the price) of share placement in the business news service of the news agency “Interfax”.Maximum number of shares, which can be purchased by the person in the process of exercising the pre-emptive right of purchase, is proportional to the number of the Bank’s ordinary shares owned by him at the date when the Bank’s Board of Directors took a decision to increase the share capital by the way of placement of additional ordinary shares and is determined by the following formula:
K = X*(3 000 000/20 748 694), where
K – maximum number of the shares to be placed, which can be purchased by shareholder,
X – maximum number of the Bank’s ordinary non-documentary registered shares owned by this shareholder at the date of drawing up the list of persons with pre-emptive right to purchase additional shares;
3,000,000 – number of additionally placed ordinary non-documentary registered shares of the Bank;
20,748,694 – number of the Bank’s Shares issued at the date of taking decision to increase the share capital by the way of placing ordinary registered non-documentary shares.
Price of placement: Price of share placement for the persons with pre-emptive right to purchase the placed Shares shall be determined by the Bank’s Board of Directors within a business day following the expiry date of pre-emptive right period simultaneously with the price of placement for other persons. Information about the price will be disclosed through the business news service of the news agency “Interfax” and at the bank’s web-site.
Payment procedure: Payment for additionally placed Shares by residents of the Russian Federation shall be exercised by transfer of funds in the currency of the Russian Federation. Non-residents (legal entities and individuals) can pay for shares in the foreign currency (USD).
Crediting of funds to the Bank’s accumulation account held with OPERU of the Moscow Main Territorial Division of the Bank of Russia will be considered as payment for shares, and in the case of payment for shares in foreign currency – crediting of funds to the account with VTB Bank (open joint-stock company), details of which will be placed on the Bank’s Internet site.
Agreement on share purchase with the person exercising pre-emptive right of purchase will be considered to be concluded, and additional shares to be placed at the date of funds crediting to the respective accumulation account, but not later than the deadline set for payment for shares.
Confirmation of share capital payment rightfulness (in case of purchasing over 1% Bank’s shares (including the shares acquired previously) and if the value of the purchased shares at the price of placement exceeds RUR 10,000,000):
If according to applicable legislation a person having pre-emptive right of purchase is required to receive the Bank of Russia’s authorization to purchase the Bank’s shares, the copies of relevant documents (agreements, authorizations) should be attached to the Application. Also the documents confirming adequacy of the buyer’s equity for payment for the Bank’s shares must be attached to the Application in compliance with the Regulation on procedure and criteria of evaluation of the financial position of individuals – founders (participants) of credit institutions of the Bank of Russia #
In case of acquiring over 1% of Bank’s shares (including the shares acquired previously) the Buyer must forward to the Bank of Russia a Notification of purchasing over 1% the Bank’s shares (according to the form of the Addendum # 2 to the Instruction of the Bank of Russia #
Registrar: Open joint-stock company «Specialized Registrar «AVISTA».
You can receive any additional information regarding the order and procedure of placement of the Bank’s Shares by tel.: +