14 Feb 2011 07:04
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN THE UNITED STATES
Information Message
14 February 2011
Further to the announcement of the Government of the Russian Federation on 4 February 2011, the placement of approximately 10% of VTB Bank's charter capital held in federal ownership has been successfully priced today via a global offering to Russian and international institutional investors.
A total of 1,046,054,133,732 ordinary shares, in the form of shares and global depositary receipts ("GDRs"), of VTB Bank have been placed by Merrill Lynch International, VTB Capital and Deutsche Bank as joint bookrunners in connection with the public offering at a price of 9.1468 kopecks per share and US$6.25 per GDR, equivalent to a total offer size of approximately RUR 95.7 billion. Merrill Lynch and VTB Capital acted as Joint Global Coordinators.
Closing of the transaction is expected on 17 February 2011 for the GDRs and 21 February 2011 for the ordinary shares. Admission to trading of the GDRs is expected to take place on 18 February 2011.
Investor Relations:
Tel.: +7 495 775 71 39
Email: investorrelations@vtb.ru
Media Relations Unit:
Tel.: +7 495 783 17 17
Email: pr@vtb.ru
These materials are not an offer for sale of securities in the United States. Securities may not be sold in the United States absent registration with the U.S. Securities and Exchange Commission or an exemption from registration under the U.S. Securities Act of 1933, as amended. VTB Bank does not intend to register any part of the offering in the United States or to conduct a public offering of securities in the United States.
These materials are only addressed to and are only directed at persons in member states of the European Economic Area (the "EEA") who are "qualified investors" within the meaning of Article 2(1)(e) of Directive 2003/71/EC (such Directive, together with any applicable implementing measures in the relevant home Member State under such Directive, the "Prospectus Directive") ("Qualified Investors"). In the United Kingdom, these materials are being distributed to, and are only directed at, Qualified Investors who (i) have professional experience in matters relating to investments who fall within the definition of "investment professionals" in Article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005, as amended (the "FPO") or (ii) fall within Article 49(2)(a) to (d) of the FPO (all such persons being together referred to as "Relevant Persons"). These materials must not be acted on or relied upon (a) in the United Kingdom, by persons who are not Relevant Persons, and (b) in any member state of the EEA other than the United Kingdom, by persons who are not Qualified Investors. Any investment or investment activity to which these materials relate is available only to (i) in the United Kingdom, Relevant Persons and (ii) in any member state of the EEA other than the United Kingdom, Qualified Investors, and will be engaged in only with such persons.
These materials are an advertisement for the purposes of applicable measures implementing the Prospectus Directive. A prospectus prepared pursuant to the Prospectus Directive will be published in accordance with the Prospectus Directive.
These materials do not constitute an advertisement or offering of any securities in Russia within the meaning of Russian securities laws. Information contained in these materials is not an offer, or an invitation to make offers, sell, purchase, exchange or transfer any securities in the Russian Federation or to or for the benefit of any Russian person.