1Año·

Hello, I received a notice from Scalable Capital on 8/18/2013 that a corporate action will be possible for my Gazprom ADRS to exchange sanctioned classes. Does this mean that I will get the original shares? Where can I possibly sell the shares then?


Does anyone have more detailed information?


I have not figured out from the letter!🤔$GAZP

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10 Comentarios

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I read in my letter that it works only if you have a deposit in a Russian bank.
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post the letter
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There helps only the @DividendenWaschbaer
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I mean currently no Russian shares can be traded on Western stock exchanges.
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the trading of russian shares is prohibited by eu sanctions.
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I am still waiting for this letter. Exchange the shares and leave them for 20 years. However, you also have to exchange the shares so that they can be sold.
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@KleinviehmachtMist What I do not understand in the letter is only something about a settlement offer! In addition, one should give as proof the selling price. I have but only a purchase price, since a sale is not possible! In the instruction is then also only, that one accepts the offer completely or partially. Nowhere a word of it that one gets the original shares booked, still a compensation price. The total black box!
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@Smartshopper I would simply have used a price that was acceptable to me. After all, there are already 2 years of dividends missing.
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me neither. Mail is unclear. The deadline is September 25, 2023. And who is the buyer here? I think we can not leave these lines empty? Name of the buyer's bank: ___________________________________________ Domicile of the buyer's bank: ___________________________________________ Address of the buyer's bank: __________________________________________ Name of the final beneficiary: ____________________________________________ Nationality of the final beneficiary: ______________________
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ADRs were converted to ruble ordinary shares in my case and are in an eruopean depository (don't have a russian bank account, everything runs through Maxblue) - trading is not possible and I don't receive any dividends.
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