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In the course of more than a year of work, in close cooperation with the legal department of Sber, the company's lawyers achieved dividend payments to Chinese investors.
Due to the sanctions imposed, payments to foreigners via international settlements through Euroclear and other depositories have become impossible. Due to the loss of the chain of communication between depositories, lawyers had to work to prove the fact of ownership of shares and the legitimacy of receiving dividends (converting ADRs into shares for the purpose of receiving dividends, etc.).
As a result, investors received their payments and continued to own the corresponding securities.
13.12.2024
