Depository Receipt measures with Russian underlying securities – Information on deadline extension

20.05.2022

Following Announcement D22030, Clearstream Banking1 announces an extension of the deadline for the blocking of settlement of the following securities. The extended settlement window is principally aimed at enabling customers to continue to transfer their positions to the home market.

Common Code

ISIN code

Security name

63495964

US80585Y3080

ADR SBERBANK ROSSII REG (1DR/4SHS)

64927566

US80585Y3080

ADR SBERBANK ROSSII BR (1DR/4SHS)

64475436

US80585Y3080

ADR SBERBANK ROSSII REG 1ADR/ASHS

Securities will be unblocked in order to enable customers to transfer holdings. Customers who want to benefit of this transfer window, need to input their Free of Payment instructions by 24 May 12:00 CET at the latest.

Clearstream Banking recommends to customers to bundle their instructions per account to allow efficient processing and transaction compliance review.

Clearstream Banking reminds customers that instructions other than Free of Payment settlement with no change of beneficial ownership are not permitted. By instructing settlement, customers will be deemed to have represented to Clearstream Banking to have made an appropriate arrangement as well as a determination of compliance with all applicable sanctions, including those of the EU, United States and the United Kingdom.

Clearstream Banking reminds customers delivering the securities that, when instructing the receipt at Clearstream Banking S.A., customers must provide a representation of sanctions compliance in the narrative field of their instruction (for example, field :70E::SPRO// of the MT54x instruction) referencing the Transaction Reference to allow reconciliation of the representation back to the instruction. If the representation is given in a separate authenticated message (for example, MT599), a settlement in the home market cannot be ensured. Customers instructing the receipt at Clearstream Banking S.A. shall adhere to the deadline 24 May 12:00 CET.

The required sanctions representation wording is as follows: “SPRO//EO14024COMP

Further information

For further information, customers may contact Clearstream Banking Client Services or their Relationship Officer.

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1. Clearstream Banking refers Clearstream Banking AG, registered office at 61, Mergenthalerallee, 65760 Eschborn, Germany, and registered in Register B of the Amtsgericht Frankfurt am Main, Germany, under number HRB 7500.