Hong Kong: Latest trade date and earlier settlement deadline for United Company Rusal Plc (486.HK) due to U.S. sanctions on Ukraine and Russia - update


Note: This announcement has been superseded by Announcement A18069.

This announcement, originally published on 20 April 2018, has been updated to clarify the stock code and depository details. All changes are highlighted.

Further to our Announcement A18043, Clearstream Banking1 advises customers that, effective


the latest trade date for stock “United Company Rusal Plc” (486.HK) to settle via the Central Clearing and Settlement System (CCASS) is
30 April 2018. The Hong Kong domestic settlement instruction deadline (via CCASS) has been adjusted to 10:00 SD-1 Central European Summer Time (16:00 SD-1 Hong Kong Time).


These requirements have been imposed by Clearstream Banking's depository, Citibank N.A. (Hong Kong branch) due to obligatory additional compliance checks.

The U.S. Department of Treasury’s Office of Foreign Assets Control (OFAC) designated Specifically Designated Nationals (SDNs) including additional entities under the Ukraine/Russia sanctions program. Accordingly, U.S. persons are prohibited from transacting in or with such entities and are required to block property and interests in the property of the SDNs including the United Company Rusal Plc.

Impact on customers

Given that the latest trade date is 30 April 2018, the settlement date must be no later than 3 May 2018.

Customers entering both delivery and receive instructions in the following security codes must also add the following representation into the text of field :70E: (DECL) of their MT54X instruction:


We represent that we have verified the identity of the ultimate recipient of the quantity of securities covered by this instruction and that it is neither a U.S. person nor any person who is, or who is equivalent to, a Specially Designated National by the United States Department of the Treasury.


Impacted security

Common Code


Security Name




Central European Summer Time (CEST)


Existing deadline

With immediate effect

Receipt and delivery free of / against payment

07:55 SD

10:00 SD-1

Hong Kong Time (HKT)


Existing deadline

With immediate effect

Receipt and delivery free of / against payment

13:55 SD

16:00 SD-1


1. Clearstream Banking refers collectively to Clearstream Banking S.A., registered office at 42, avenue John F. Kennedy, L-1855 Luxembourg, and registered with the Luxembourg Trade and Companies Register under number B-9248, and Clearstream Banking AG (for Clearstream Banking AG customers using Creation Accounts), registered office at 61, Mergenthalerallee, 65760 Eschborn, Germany and registered in Register B of the Amtsgericht Frankfurt am Main, Germany under number HRB 7500.