The Ministry of Russia informed about the determination by the Government Commission for the control of foreign investments in the Russian Federation of the terms of exchange of blocked assets according to Decree 844. The procedure and conditions are published on the website of the bidder - LLC «Investment Chamber» (hereinafter - Bidder).
Basic conditions:
• The list of foreign securities (hereinafter - BCI) that may be offered for redemption is published on the Auction Organiser’s website.
• BCI will be sold at a price not lower than the initial cost determined by the Promoter as of March 22, 2024. Information on the initial cost of each BSI will be available on the Bidder’s website
• Investors are given the opportunity to sell blocked assets in the amount of not more than 100,000 rubles in aggregate by all brokers, managing companies and trustee directors through which they plan to participate in the buyout
• No fee will be charged for making transactions (operations) with the BCI, for organizing and conducting the bidding.
• Participation in the buyback is entirely voluntary for the investor. It is possible to send an offer for ransom exclusively through Russian brokers, managing companies and trustee. The bidder does not accept offers sent directly to him.
IMPORTANT! According to the terms of the ransom, the offer sent will not be withdrawn.
Dear investors!
Please check the validity of your passport data, INS, SNCF and other identifying information in your personal account. The invalidity of the specified data is an obstacle to participation in the redemption
Detailed information on the methods of sending an offer for ransom, on the date of beginning and end of their reception will be additionally sent to LLC «Vector X» through the personal office.
The full text of the Decree of the President of the Russian Federation from 08.11.2023 844 can be found at the link.
Detailed information about the conditions of BSI buyback is posted on the website of the Auction Organizer and on the website of the Bank of Russia.