Regulation S ISIN: US58517T2096
Regulation S CUSIP: 58517T209
Rule 144A ISIN: US58517T1007
Rule 144A CUSIP: 58517T100
Holders of Global Depositary Receipts representing ordinary shares of Public Joint Stock Company “MegaFon” (the “GDRs” and “PJSC MegaFon”, respectively) may, in accordance with the provisions of the Deposit Agreement (as defined below), surrender and cancel all or part of their GDRs and take delivery of the relevant number of the ordinary shares of PJSC MegaFon represented by the GDRs.
Surrender of the GDRs is subject to the payment of relevant fees to The Bank of New York Mellon (the “GDR Depositary”) and other provisions of the Deposit Agreement between the GDR Depositary and PJSC MegaFon, dated August 24, 2012, as amended by supplemental agreements dated June 2, 2014 and May 28, 2015 (the “Deposit Agreement”).
GDR holders should note that the procedure for delivery of the ordinary shares of PJSC MegaFon represented by the GDRs upon the surrender and cancellation of the GDRs may take at least 10 Russian business days. This period does not include the time necessary for the opening of a securities account for the receipt of the ordinary shares of PJSC MegaFon represented by the GDRs.
To surrender and cancel the GDRs the GDR holders are advised to notify their broker of the deadline by which they would like to receive the ordinary shares represented by the GDRs and inform them of the instructions set forth below. Once the broker submits the GDR cancellation instruction, the broker can contact email@example.com or +353 1-900-34-66 / +1 212-815-2231 for status updates.
The specific steps to be followed by GDR holders and/or their brokers are as follows:
For Rule 144A GDRs:
For Regulation S GDRs:
Details of the custodian of the GDR Depositary: Sberbank of Russia; BIC: SABRRUMM; PSET: NADCRUMMXXX, Depositor’s code: MC0002500000, Depositor’s account: ML9403170499, Depositor’s sub-account: DR000000000000000.
Any further clarification related to the cancellation of the GDRs can be obtained from Marianela Brown, telephone: +1 305 388-80-01, Kevin Garvey, telephone: 315 414-44-75 (East Syracuse), Mark Coleman, telephone: 353 1-900-34-66 (Dublin) or by contacting firstname.lastname@example.org.
Additional information in respect of surrender and cancellation of global depositary receipts is also available on the official website of Sberbank of Russia, the custodian of the GDR Depositary (https://www.sberbank.ru/common/img/uploaded/dp/pogashenie_raspisok.pdf).
GDR holders should be aware that they may have tax liabilities in Russia and other applicable jurisdictions in connection with the surrender and cancellation of the GDRs and taking delivery of the ordinary shares of PJSC MegaFon represented by the GDRs and in connection with other operations in respect of the shares of PJSC MegaFon. GDR holders are urged to consult their tax advisers at their own expense in respect of any potential tax consequences in connection with the foregoing.
PJSC MegaFon is not responsible for actions of any third parties, including Sberbank of Russia and the GDR Depositary, or for any information contained on the websites of Sberbank of Russia, the GDR Depositary or any other third parties.
Neither this website page nor information contained herein constitutes or forms part of an offer to acquire, sell, surrender or cancel any securities or perform any other actions in respect of any securities. PJSC MegaFon makes no recommendation as to whether GDR holders should or should not surrender and cancel their GDRs. GDR holders should make their own decision as to whether to surrender and cancel their GDRs and, if so, how many GDRs to surrender and cancel.
If you are in any doubt as to what action you should take, you should immediately seek your own independent financial, tax and legal advice from your stockbroker, bank manager, legal advisor, accountant or other independent financial adviser.
For further information please contact:
Director for Investor Relations and M&A
|Tel: + 7 926 200-64-90|
Head for Corporate Communications
|Tel: + 7 925 696-06-77|