The Law

Lenta IPJSC: Information for Holders of Global Depositary Receipts of IPJSC Lenta

Retrieved on: 
Friday, August 5, 2022 - 3:05pm

Saint-Petersburg, Russia, 5 August , 2022: Lenta IPJSC (LSE: LNTA, MOEX: LENT, the Company), one of leading Russian retailers, informs on amendments of the laws of the Russian Federation related to the procedure for conversion (cancellation) of the Global Depositary Receipts representing the Companys ordinary shares (the Companys GDRs).

Key Points: 
  • Saint-Petersburg, Russia, 5 August , 2022: Lenta IPJSC (LSE: LNTA, MOEX: LENT, the Company), one of leading Russian retailers, informs on amendments of the laws of the Russian Federation related to the procedure for conversion (cancellation) of the Global Depositary Receipts representing the Companys ordinary shares (the Companys GDRs).
  • the procedure for forced conversion of depositary receipts:
    Holders of depositary receipts, which are accounted for by foreign depositaries, who are unable to get Shares, including due to sanctions, are entitled to apply to the Custodian with a request for forced conversion of depositary receipts.
  • This statement is for information purposes only and IPJSC Lenta shall not be liable if the interpretation of applicable laws and regulations by the relevant state authorities differs from the interpretation given in this statement.
  • Holders of depositary receipts should make an independent decision on how to act in connection with the published statement and, if necessary, contact their investment, legal and other advisors.

MMC Norilsk Nickel: INFORMATION NOTICE FOR HOLDERS OF DEPOSITARY RECEIPTS

Retrieved on: 
Tuesday, July 19, 2022 - 5:07pm

Moscow, July 19, 2022 Nornickel, the worlds largest producer of palladium and high-grade nickel and a major producer of platinum and copper, notifies holders of American depositary receipts representing rights to the Company's shares ("ADRs") that certain amendments to Federal Law No.

Key Points: 
  • Moscow, July 19, 2022 Nornickel, the worlds largest producer of palladium and high-grade nickel and a major producer of platinum and copper, notifies holders of American depositary receipts representing rights to the Company's shares ("ADRs") that certain amendments to Federal Law No.
  • The automatic conversion means conversion of ADRs, the rights to which are recorded in Russian depositaries, without applications for conversion from the relevant ADRs holders.
  • MMC Norilsk Nickel is a diversified mining and metallurgical company, the worlds largest producer of palladium and high-grade nickel and a major producer of platinum and copper.
  • MMC Norilsk Nickel shares are listed on the Moscow and on the Saint-Petersburg Stock Exchanges, ADRs are accepted for trading on the Saint-Petersburg Stock Exchange.

Update on amendments of the procedure for conversion of global depositary receipts of PJSC Magnit

Retrieved on: 
Monday, July 18, 2022 - 4:06pm

The issuer is solely responsible for the content of this announcement.

Key Points: 
  • The issuer is solely responsible for the content of this announcement.
  • Krasnodar, Russia (July 18, 2022): Magnit PJSC (MOEX and LSE: MGNT; Magnit, the Company), one of Russias leading retailers, notifies on amendments of the laws of the Russian Federation related to the procedure for conversion (cancellation) of the global depositary receipts representing the Companys ordinary shares (the GDRs).
  • The procedure for compulsory conversion of depositary receipts:
    Holders of depositary receipts, which are accounted for by foreign depositaries, who are unable to get Underlying Shares, including due to sanctions, are entitled to apply to the Custodian with a request for compulsory conversion of depositary receipts.
  • Holders of depositary receipts should make an independent decision on how to act in connection with the published statement and, if necessary, contact their investment, legal and other advisors.

Antoine Pecko Joins Anidjar and Levine as Managing Attorney for Jacksonville Office

Retrieved on: 
Wednesday, May 25, 2022 - 12:00pm

JACKSONVILLE, Fla., May 25, 2022 /PRNewswire-PRWeb/ -- Antoine Pecko has joined the ranks of prestigious Flordia law firm, Anidjar and Levine as the Managing Attorney for their Jacksonville office. As a highly accomplished and widely respected attorney, Antoine Pecko brings a wealth of experience to the table.

Key Points: 
  • Antoine Pecko, a Florida attorney who has successfully won multiple seven-figure settlements for his clients has joined the team at The Law Offices of Anidjar and Levine.
  • JACKSONVILLE, Fla., May 25, 2022 /PRNewswire-PRWeb/ -- Antoine Pecko has joined the ranks of prestigious Flordia law firm, Anidjar and Levine as the Managing Attorney for their Jacksonville office.
  • As a highly accomplished and widely respected attorney, Antoine Pecko brings a wealth of experience to the table.
  • Upon joining the legal team at Anidjar and Levine, Mr. Pecko said, "I am honored to be joining Anidjar and Levine.

Lenta IPJSC: Lenta IPJSC Announces Expected Enactment of the Law Requiring Termination of Depositary Receipt Programs

Retrieved on: 
Monday, April 25, 2022 - 4:09pm

The issuer is solely responsible for the content of this announcement.

Key Points: 
  • The issuer is solely responsible for the content of this announcement.
  • It is likely that the Law will apply to the global depositary receipts (ISIN: US52634T2006, ISIN: US52634T1016) (the "GDRs") representing ordinary shares in the Company (the "Ordinary Shares").
  • The mechanics and timing of conversion of the GDRs into the Ordinary Shares remain unclear.
  • We recommend that investors discuss with their legal, financial, tax and strategic advisers the implications of the Law and potential termination of the Company's GDR program.

MMC Norilsk Nickel: UPDATE FOR HOLDERS OF AMERICAN DEPOSITARY RECEIPTS

Retrieved on: 
Thursday, April 21, 2022 - 6:08pm

Moscow, April 21, 2022 - Nornickel, the world's largest producer of palladium and high-grade nickel and a major producer of platinum and copper, notifies its American depositary receipt ("ADR") holders that on April 16, 2022, Federal Law No.

Key Points: 
  • Moscow, April 21, 2022 - Nornickel, the world's largest producer of palladium and high-grade nickel and a major producer of platinum and copper, notifies its American depositary receipt ("ADR") holders that on April 16, 2022, Federal Law No.
  • The Law requires Russian issuers to terminate their depositary receipts programs.
  • The record date for the surrender of depositary receipts is April 27, 2022.
  • MMC Norilsk Nickel shares are listed on the Moscow and on the Saint-Petersburg Stock Exchanges.

PAO Severstal: Information regarding GDR program

Retrieved on: 
Thursday, April 21, 2022 - 11:05am

The Law envisages the termination by all Russian issuers, including PAO Severstal, of their depositary receipt facilities.

Key Points: 
  • The Law envisages the termination by all Russian issuers, including PAO Severstal, of their depositary receipt facilities.
  • N.A., as the Depositary for its GDR Programme, of its implications and asked the Depositary to consider the steps necessary to be taken in connection with the termination of the GDR Programme.
  • As at the date of this communication, the Depositary has not provided any feedback to PAO Severstal.
  • Therefore, PAO Severstal would also encourage GDR holders to liaise with the Depositary in accordance with the terms of the relevant Deposit Agreements and discuss options available to secure their rights, including in connection with the conversion of GDRs into PAO Severstal's ordinary shares.

Elbit Systems Reports Impact of the Amendment to the Law for the Encouragement of Capital Investments on Its Fourth Quarter 2021 Financial Results

Retrieved on: 
Tuesday, February 22, 2022 - 10:07am

The amount distributed from Exempt Earnings will be subject to payment of full corporate tax.

Key Points: 
  • The amount distributed from Exempt Earnings will be subject to payment of full corporate tax.
  • This one-time expense will be recorded in the fourth quarter and full year 2021 financial results in accordance with U.S. GAAP under "Taxes on Income" and will be adjusted in the non-GAAP results.
  • For purposes of clarification the above does not constitute any obligation by Elbit Systems to distribute dividends.
  • For additional information, visit: https://elbitsystems.com , follow us on Twitter or visit our official Facebook , Youtube and LinkedIn Channels.

John (Jack) Collins is recognized by Continental Who's Who

Retrieved on: 
Friday, January 28, 2022 - 12:11am

SALYERSVILLE, Ky., Jan. 27, 2022 /PRNewswire/ --John (Jack) Collins is being recognized by Continental Who's Who as a Distinguished Attorney for his work in the field of Law and in acknowledgment of his work at The Law Office of John (Jack) Collins.

Key Points: 
  • SALYERSVILLE, Ky., Jan. 27, 2022 /PRNewswire/ --John (Jack) Collins is being recognized by Continental Who's Who as a Distinguished Attorney for his work in the field of Law and in acknowledgment of his work at The Law Office of John (Jack) Collins.
  • With nearly 45 years of experience, Mr. Collins has dedicated his career to practicing Law in Eastern Kentucky.
  • Before starting his decades-long career, Mr. Collins attended Northern Kentucky University, graduating with his Bachelor of Science degree in 1974.
  • He currently practices at his own private firm, The Law Office of John (Jack) Collins.

The Law Offices of Anidjar and Levine Announces New Jacksonville Office

Retrieved on: 
Friday, December 10, 2021 - 1:46pm

The event recognized their Jacksonville employees that will be joining over 150 Anidjar & Levine attorneys and support staff across the state of Florida.

Key Points: 
  • The event recognized their Jacksonville employees that will be joining over 150 Anidjar & Levine attorneys and support staff across the state of Florida.
  • Founded by Co-Founders Marc Anidjar and Glen Levine in 2005, the law firm brings years of extensive personal injury experience to clients across Florida.
  • Sold to The Law Offices of Anidjar & Levine on August 3, 2020, for $910,000, the law firm's new office stands at 2245 Saint Johns Ave, Jacksonville, FL 32204.
  • ABOUT THE LAW OFFICES OF ANIDJAR & LEVINE:
    The Law Offices of Anidjar & Levine bring years of experience successfully representingFloridaclients in personal injury and criminal defense law.