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DGAP-News: Sberbank: Sberbank of Russia Receives Approval of Admission to Trading of American Depositary Receipts on the London Stock Exchange
ID: 433032
(firmenpresse) - EquityStory.RS, LLC-News: Sberbank / Key word(s):
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Sberbank: Sberbank of Russia Receives Approval of Admission to Trading
of American Depositary Receipts on the London Stock Exchange
30.06.2011 / 08:39
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Sberbank of Russia Receives Approval of Admission to Trading of American
Depositary Receipts on the London Stock Exchange
29 June 2011, Moscow - Further to its announcement on 28 June 2011
regarding its Level I American Depositary Receipt ('ADR') program, Sberbank
of Russia announces that it has received approval of the London Stock
Exchange for the admission to trading of its ADRs to the London Stock
Exchange's International Order Book (IOB) trading platform. Trading is
expected to commence on 1 July 2011. The ISIN for the ADRs is US80585Y3080
and the LSE TIDM will be 'SBER'. The ADRs are not being listed on the
Official List of the United Kingdom Listing Authority.
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. One ADR represents 4 (four) ordinary shares of Sberbank of
Russia.
Debevoise&Plimpton LLP acted as legal counsel to Sberbank of Russia in
connection with the establishment of the ADR program and the application
for admission to trading to the London Stock Exchange.
# # #
Sberbank of Russia
Alexander Baziyan
Public Relations
Tel. +7(495) 957 5721
media(at)sberbank.ru
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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130273 30.06.2011
  
  
  
Datum: 30.06.2011 - 08:39 Uhr
Sprache: Deutsch
News-ID 433032
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