The procedure of unclaimed dividend payment upon request of a shareholder or his/her authorized representative

If the person entitled to dividends decides to request the unclaimed dividend payment, such a request should state that unclaimed dividends shall be paid in the form of cash by transfer of funds to the person’s bank account or the special custody account of a nominal holder who is keeping records of rights to the issuer’s shares of the person stated herein, and to the account of the credit institution if it acts as a nominal holder.

The following documents shall be attached to an unclaimed dividend payment request:

  • the statement of the custody account of the person having requested payment of unclaimed dividends (document of a foreign nominal holder or a foreign organization which according to its personal law is authorized to keep records of rights to securities and their transfer) confirming the number of the issuer’s shares owned by the person as of the date of determining (setting) persons entitled to dividends;
  • the Russian translation of the document of a foreign nominal holder or a foreign organization which according to its personal law is authorized to keep records of rights to securities and their transfer, confirming the number of the issuer’s shares, owned by the person having requested payment of unclaimed dividends, as of the date of determining (setting) persons entitled to dividends in case the said document is attached to an unclaimed dividend payment request. The authenticity of a translation and a signature of a translator shall be certified by a notary or by an official of a consular office of the Russian Federation.
  • the document confirming the transfer by way of universal succession of the rights to the unclaimed dividends to the person having requested payment of unclaimed dividends in case the rights to the unclaimed dividends had been transferred to the person having requested payment of unclaimed dividends as a result of universal succession;
  • the document confirming the authority of the proxy of the person having requested payment of unclaimed dividends in case the said request is made by the proxy of the person entitled to unclaimed dividends.