Re: OGZD Gazprom Cedear
Publicado: Vie Nov 25, 2022 3:57 pm
Buenas tardes, les reenvío la repuesta del sector de inversionistas de Gazprom. El procedimiento a seguir es el de "Conversión estándard", había otro que se llamaba "Declarative conversion" pero era inaplicaba para nuestra situación, salvo viaje a Moscú de por medio y que venció el 10 de noviembre. La clave está en encontrar un Broker que te convierta los Cedears a ADR y te los reciba en una cuenta comitente en USA.
We cannot give you a piece of advice how to convers Cedears to ADRs, but here is what you can do with ADRs to convert them to local shares in Russia.
You can use a declarative conversion procedure or a standard conversion procedure. The first requires you to do to Moscow or send a representative here to Gazprombank’s office. The procedure ends on November 10.
Otherwise, you can use a standard conversion procedure, but it requires cooperation from your broker.
Since you don’t have access to Gazprombank’s website, here is information about both procedures.
https://www.gazprombank.ru/docs/drcancellationeng/ STANDARD CONVERSION
https://www.gazprombank.ru/personal/page/infodepo-eng/ DECLARATIVE CONVERSION
Gazprombank conducts both procedures from the Russian side, so you have to address them with the application.
Right to get dividends is retained for 3 years after the payment (until October 2025), you can claim for it after the conversion. If you don’t convert your Cedears/ADRs until 3 August 2023, then BNY Mellon will get the right to sell its underlying Gazprom shares, and you will become an unsecured creditor of BNY.
We cannot give you a piece of advice how to convers Cedears to ADRs, but here is what you can do with ADRs to convert them to local shares in Russia.
You can use a declarative conversion procedure or a standard conversion procedure. The first requires you to do to Moscow or send a representative here to Gazprombank’s office. The procedure ends on November 10.
Otherwise, you can use a standard conversion procedure, but it requires cooperation from your broker.
Since you don’t have access to Gazprombank’s website, here is information about both procedures.
https://www.gazprombank.ru/docs/drcancellationeng/ STANDARD CONVERSION
https://www.gazprombank.ru/personal/page/infodepo-eng/ DECLARATIVE CONVERSION
Gazprombank conducts both procedures from the Russian side, so you have to address them with the application.
Right to get dividends is retained for 3 years after the payment (until October 2025), you can claim for it after the conversion. If you don’t convert your Cedears/ADRs until 3 August 2023, then BNY Mellon will get the right to sell its underlying Gazprom shares, and you will become an unsecured creditor of BNY.
) se puede hacer algo? se pierden?? conviene esperar?? desde ya mil gracias por sus respuestas.
