30th Jul 2015 09:03
JSC VTB Bank / Miscellaneous 30.07.2015 09:02 Dissemination of a Regulatory Announcement, transmitted byEquityStory.RS, LLC - a company of EQS Group AG.The issuer is solely responsible for the content of this announcement.--------------------------------------------------------------------------- VTB Bank completes placement of preference shares VTB Bank completed a placement of preference shares for total amount ofapproximately RUB 307 billion. 3 073 905 million of Type A preferenceshares were acquired by the State Corporation Deposit Insurance Agency(DIA) in a closed subscription at par value of 0.1 rubles. The share issue is to be included in VTB Bank's core Tier 1 capital,following the registration of the Issue Placement Report by the CentralBank of Russia. In accordance with the Russian legislation and VTB Bank Charter, dividendspaid on the new securities are not specified. Dividends will be subject toannual approval at the Annual General Meeting of shareholders (AGM). Inaddition, the new preference shares will not be counted when determiningthe presence of a quorum at the AGM, and will not change that total numberof votes belonging to holders of VTB's ordinary shares. VTB President and Chairman of the Management Board Andrey Kostin said: 'Theshares were placed under the governmental program of recapitalization ofthe banking system. This is an important step in securing VTB's sustainabledevelopment as a financial institution of systemic importance. The capitalincrease provides additional resources for VTB to catch up with resumptionof economic growth in Russia as well as to support the import substitutionprograms and strategically important Russian industries and companies.' 30.07.2015 The EquityStory.RS, LLC Distribution Services include RegulatoryAnnouncements, Financial/Corporate News and Press Releases.Media archive at www.dgap-medientreff.de and www.dgap.de --------------------------------------------------------------------------- Language: EnglishCompany: JSC VTB Bank 12, Presnenskaya emb. Moscow RussiaPhone: +7 (495) 739-77-99Fax: +7 (495) 739-77-99E-mail: [email protected]: www.vtb.comISIN: US46630Q2021Listed: LondonCategory Code: MSCTIDM: VTBRSequence Number: 2757Time of Receipt: Jul 30, 2015 09:02:42 End of Announcement EquityStory.RS, LLC News-Service ---------------------------------------------------------------------------UK-Regulatory-announcement transmitted by DGAP - a service of EQS Group AG.The issuer is solely responsible for the content of this announcement.
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