Share Capital

In the reporting year, an extraordinary General Shareholders Meeting passed a resolution to change the bank’s full name to Vozrozhdenie Bank and change the form of incorporation to public joint stock company. The change was due to the need to bring the bank’s name in compliance with the new statutory requirements regarding the classification of companies into public and non-public ones that had been enacted in the Russian Federation.

The authorised capital of the bank is 250,431,990 RUB, or 23,748,694 ordinary shares, with a face value of 10 RUB each, and 1,294,505 preference shares, with a face value of 10 RUB each. Under its Articles of Association, the bank may place 8,000,000 ordinary non-documentary registered shares. No additional shares were placed in 2014.

As at December 31, 2014, 8,793 shareholders were listed in the register, including 947 legal entities and 7,846 individuals. Freefloat shares account for about 40% of the bank’s shares.

AUTHORISED CAPITAL

Securities type, kind (category) State registration number Face value, RUB Quantity, pcs
Ordinary non-documentary registered shares 10101439В 10.00 23,748,694
Preference non-documentary registered shares with a fixed rate of dividend 20201439В 10.00 1,294,505

Since 1998, Vozrozhdenie Bank’s shares have been traded at the Moscow Interbank Currency Exchange (MICEX) under the ticker symbols VZRZ and VZRZP. In June 2014, the bank’s ordinary shares were admitted for listing on the MICEX in the Level 1 (Highest) Quotation List. They are part of the MICEX’s Broad Market Index, Financials Index and Second-Tier Index.

In 1996, Vozrozhdenie Bank became the first Russian financial institution to launch an American Depositary Receipt (ADR) programme. The U.S. Securities and Exchange Commission registered it as a Level 1 ADR Programme, with one ADR being equivalent to one ordinary share of the bank. As of May 12, 2014, the number of ADRs issued on Vozrozhdenie Bank’s shares was 372,653, or 1.57% of the total number of bank’s ordinary shares. Currently, the ADRs are traded on the OTC market.

Expert RA rating agency, ranked Vozrozhdenie Bank among the top 100 largest companies in Russia by market value as of September 1, 2014. For the purpose of this rating, the company’s capitalisation is calculated by multiplying the price of an ordinary share by the number of shares outstanding. As of September 1, 2014, Vozrozhdenie Bank’s capitalisation stood at $250.5 million, putting the bank in the 93d position in the rating of the top 200 largest Russian companies by market value, six positions higher than the year before.

MAJOR SHAREHOLDERS(Holders of five and more per cent of Vozrozhdenie Bank’s authorised capital as at December 31, 2014)

Shareholder Portion of voting shares,
%
Share of
authorised
capital, %
Dmitry Orlov* 32.03 30.70
Otar Margania 19.67 18.65
JPM International Consumer Holding Inc. 9.88 9.37

AUTHORISED CAPITAL STRUCTURE
percent

*The shareholder passed away on December 5, 2014. As at January 1, 2015, inheritance procedures were ongoing.

**Lyudmila Goncharova, Mark Nakhmanovich, Alexander Dolgopolov, Nikolay Zatsepin, Mikhail Semko, Andrey Shalimov, Tamarisk.

CAPITALISATION AND OTHER MARKET INDICATORS

January 1, 2015 January 1, 2014 January 1, 2013
Market price of ordinary shares, RUB 452.0 438.9 539.4
Market price of preference shares, RUB 69.0 119.22 139.01
MICEX Broad Market Index 986.92 1,063.42 1,045.87
Financials Index 4,176.73 5,362.37 4,601.57
Second-Tier Index 2,798.14 3,110.74 3,404.57
Total market capitalisation, RUB million 10,823.7 10,577.63 12,988.14
Equity (capital), RUB million 26,500.11* 23,585.14** 23,191.77**
Equity per ordinary share, RUB 1,115.9 993.1 976.5

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