Sberbank: Sber informs on the specific license for the depositary program unwinding
- 82
|
Sberbank (SBER)
Sber informs on the specific license for the depositary program unwinding
Sber informs that the Office of Foreign Assets Control ("OFAC") of the U.S. Department of Treasury has granted JPMorgan, a depository bank, a specific license, which expires on June 17, 2022, to permit an orderly wind down of Sber’s depositary receipt programs. That means that the cancellation requests will be accepted by JPMorgan until June 16, 2022, unless otherwise announced. OFAC has confirmed that the specific license covers the involvement of U.S. and non-U.S. persons, as well as third-party market participants necessary to effect cancellation of the DRs, including the Depository Trust & Clearing Corporation and the International Central Securities Depositories. |
| ISIN: | US80585Y3080, RU0009029540, RU0009029557, US80585Y4070 |
| Category Code: | MSCM |
| TIDM: | SBER |
| LEI Code: | 549300WE6TAF5EEWQS81 |
| OAM Categories: | 3.1. Additional regulated information required to be disclosed under the laws of a Member State |
| Sequence No.: | 164464 |
| EQS News ID: | 1362429 |
| End of Announcement | EQS News Service |
|
|
EQS Group
EQS Group is a leading international technology provider for Digital Investor Relations, Corporate Communications and Compliance. More than 8,000 companies worldwide trust EQS’s products and services to securely, efficiently, and simultaneously fulfil complex national and international disclosure and compliance requirements, and to reach stakeholders globally.
