Mobile Telesystems Public Joint ADR Rep 2 Action Forum

Good evening,

Today I got the message from my house bank that the conversion of DRs (Russian DR) to Russian common shares is considered permissible under the current EU sanctions, as NSD temporarily does not get any economic benefit from the conversion instructions.

Affected shares:

$MNOD

$MBT

$null

$null

$null

$PLZL

Important notes:

• The application will be processed on a best-effort basis
• There is a fee for conversion of GDRs: $0.05 per DR
• Due to EU sanctions, trading in Russian common shares is currently not possible.

The deadline is this Wednesday.

What to do. Convert or leave it in GDRs?

I'm leaning towards the conversion at the moment.

𝗠𝗮𝗿𝗸𝗲𝘁 𝗡𝗲𝘄𝘀 🗞️

𝗦𝘆𝗻𝗴𝗲𝗻𝘁𝗮 𝗳𝗲𝗵𝗹𝘁 𝗱𝗲𝗿 𝗪𝗮𝗰𝗵𝘀𝘁𝘂𝗺𝘀𝗯𝗲𝘀𝗰𝗵𝗹𝗲𝘂𝗻𝗶𝗴𝗲𝗿 / 𝗔𝗱𝗹𝗲𝗿 𝘄𝗲𝗿𝗱𝗲𝗻 𝗻𝘂𝗻 𝗱𝗶𝗲 𝗙𝗲𝗱𝗲𝗿𝗻 𝗴𝗲𝗿𝘂𝗽𝗳𝘁 / 𝗕𝗶𝘁𝗰𝗼𝗶𝗻 𝗵𝗶𝗹𝗳𝘁 𝘀𝗼𝗴𝗮𝗿 𝗱𝗲𝗻 𝗧𝗶𝗲𝗿𝗲𝗻 𝗶𝗻 𝗘𝗹 𝗦𝗮𝗹𝘃𝗮𝗱𝗼𝗿

𝗘𝘅-𝗗𝗮𝘁𝗲𝘀 📅

As of today, Mobile TeleSystems ($MKY) trades ex-dividend.

𝗤𝘂𝗮𝗿𝘁𝗮𝗹𝘀𝘇𝗮𝗵𝗹𝗲𝗻 📈

Today Industrivaerden ($IDVA (-3 %)) presents its figures.

𝗜𝗣𝗢𝘀 🔔

Syngenta - The Swiss agrochemical company, which belongs to state-owned ChemChina, has to suspend its planned IPO, which was expected to raise around $10 billion. The reason for this is that the company has not submitted the current financial figures when applying for listing. This was announced to the public by the Shanghai Stock Exchange this morning. Syngenta thus joins 56 other companies whose IPOs have been suspended for the time being by the Shanghai Stock Exchange for similar reasons.

𝗠𝗮𝗿𝗸𝗲𝘁𝘀 🏛️

Adler ($ADL) - The housing group Adler is struggling with further problems. After the shortattack by Fraser Perring, the company will now face an independent appraiser. The management had decided to hire independent external auditors to conduct a comprehensive review of the allegations.

Fraser Perring had published a 61-page report on the website of analyst firm Viceroy Research last Wednesday. He accused Adler of fraud, manipulation and deception of its backers. As a result, the stock plummeted 30%.

China - Chinese coal futures at record levels. Flooding occurred in Shanxi province over the weekend. The flooding forced 120,000 people to leave their homes and 60 mines to close.

Most of China's coal comes from this province, which, in addition to the flooding, is also dealing with a corruption scandal in the coal industry. In addition, mines are repeatedly closed to reduce air pollution, especially on national holidays. The government now provides "power rations" for industrial customers.

𝗖𝗿𝘆𝗽𝘁𝗼 💎

El Salvador - The first state to ever invest in bitcoin ($BTC-EUR (-0,72 %)), now wants to use parts of the profits already generated from this investment to build a veterinary clinic in the capital San Salvador for $4 million. This was announced by the president Nayib Bukele via Twitter last Sunday. However, no Bitcoins will be sold to finance the construction; instead, the state wants to draw US dollars from its Bitcoin trust. Reactions to the announcement of this plan have been very mixed. Under the tweet, some residents discussed that it would be much more necessary to improve the existing medical infrastructures.

Let's take a look at how the Russian ADR dividend stocks are performing

Market capitalization € 6.73 billion

P/E RATIO 9.47

P/B RATIO 171.81

P/E RATIO 1.20

KCV 4.40

Shares issued 999 million