Important information on the conversion of Russian ADR/GDR into original shares

Thursday, 04. August 2022

Dear Ladies and Gentlemen,

Today, 4 August 2022, we are informing you of an opportunity to convert ADR/GDR into original Russian shares through the broker Freedom Finance, in case your bank/broker has problems converting the ADR/GRD into original Russian shares first. Freedom Finance is a broker listed on NASDAQ in New York but also has access to the Moscow Stock Exchange. Freedom Finance (web; www.freedom24.com) also has a branch in Berlin on Kurfürstendamm.

If so, please use the following link,

https://freedom24.com/invite/?utm_source=referral&utm_medium=invite&utm_campaign=pfu2952896,

to register with the broker Freedom Finance and open an account there. The account opening is then done online (best with a smartphone).

You will need a passport or ID card, a recent bill with your address on it (e.g. electricity or water bill) and then you will go through a verification process online via video/photo.

The following Russian ADR/GDR can then be converted into original Russian shares and held in custody:

ISIN Short Name Type
US29268L1098 PJSC ENEL RUSSIA REGS GDR GDR
US61954Q2093 MOSENERGO – OAO – REGS GDR GDR
US0373763087 MOSENERGO AO (SEC REG ADS) – LEVEL 1 ADR
US50218G2066 LSR GROUP PJSC REG S GDR
US6708482095 JSC OGK-2 – GDR REGS GDR
US69338N2062 PIK GROUP-GDR GDR
US5838407071 MECHEL PAO GDR
US69343R2004 AEROFLOT – RUSSIAN AIRLINE GDR REG S GDR
US00501T2096 PJSC ACRON – REGS GDR GDR
US1641452032 CHERKIZ-GDR REGS GDR
US3682872078 GAZPROM-ADR ADR
US48122U2042 SISTEMA PJSC-GDR GDR
US55315J1025 MMC NORILSK ADR ADR
US55953Q2021 MAGNIT PJSC-SPON GDR
US5838406081 MECHEL, PAO – ADR ADR
US6074091090 MOBILE TELESYSTEMS PJSC ADR ADR
US67011E2046 NOVOLIPETSK STEEL (NLMK)(REGS GDR) GDR
US69343P1057 LUKOIL PJSC-ADR ADR
US69343X2071 ROSSETI PJSC-GDR GDR
US73181M1172 POLYUS PJSC-G GDR
US73181P1021 POLYUS P-SP ADR ADR
US7821834048 RUSHYDR PJSC-ADR ADR
US8688611057 SURGUTN-ADR PREF ADR
US8688612048 SURGUTNEFTEG-ADR ADR
US67812M2070 PJSC ROSNEFT OIL COMPANY-GDR GDR
US45835N2045 INTER RAO-GDR GDR
US29355E2081 EN+ GROUP IPJSC DR
US8766292051 TATNEFT-ADR ADR
US71922G2093 PHOSAGR0-GDR GDR
US7496552057 ROS AGRO-GDR REG GDR

The broker Freedom Finance does have access directly to the Moscow Stock Exchange. However, after conversion due to the sanctions, they still have no power to buy or sell the original Russian shares on the Moscow Stock Exchange as foreigners. It is only about the conversion and custody of the converted ADR/GDR. It will probably only be possible to trade the original Russian shares after some sanctions have ended. However, you will then also receive the dividends in roubles.

If required, an account can also be opened in Russia on a rouble basis.

Please note: the online registration and conversion must be completed by 6.00 p.m. on 11 August 2022, because Clearstream has given such a tight time frame.

If you have any further questions, please do not hesitate to contact us.

Yours sincerely

Andreas Männicke

GF of ESI East Stock Informationsdienste GmbH
Jüthornstr. 88
22043 Hamburg

E-mail: info@eaststock.de
Web: www.eaststock.de
Tel: 040/6570883
mobile 0171n 35 75 775
Fax: 040/6570884
EastStockTV at www.youtube.com

Subscribe now for free to the Andreas Männicke Newsletter to receive the full content by email.

Archive columns

Services

EST Stock market letter

The stock exchanges of Central and Eastern Europe have been among the top performers among the world’s stock exchanges since 1998. In recent years in particular, many CEE stock exchanges have performed far better than the established Western stock exchanges. In 2019, for example, the Moscow Stock Exchange not only clearly outperformed the DAX and DJI, but also ranked among the 30 best-performing stock exchanges in the world.

Many investors have so far criminally neglected the CEE stock exchanges. Yet the selection of promising stocks is growing. Eastern Europe still has its future ahead of it.

Take advantage of your opportunities now!

  • analyses the most important trends on the CEE stock exchanges for you monthly on 30-60 pages.
  • looks not only at the established eastern stock exchanges, such as Moscow, Budapest, Prague and Warsaw, but also at the second-tier countries and the CIS republics
  • selects the most promising stocks for you from a fundamental and technical point of view and examines not only stocks but also other forms of investment such as funds, bonds, real estate, derivatives and certificates
  • draws attention to risks and distinguishes between conservative and speculative investment options.

The market letter “EAST STOCK TRENDS” is published monthly in a printed and electronic edition. The electronic edition is sent to you directly after the editorial deadline, which means it reaches you faster and is also more cost-effective.

Seminars

Several times a year, ESI-GmbH organises seminars on the topic of eastern stock exchanges and emerging markets together with renowned banks, issuing houses and stock corporations.