Sběř

Sberbank: Sber informs on the conversion of depository receipts into ordinary shares

Retrieved on: 
Thursday, May 19, 2022
Sběř, London, Intention, JPMorgan Chase, Financial Conduct Authority, Sberbank of Russia, Deutsche Börse, London Stock Exchange, Security (finance)

Sber informs on the beginning of the 30-day period during which holders of depositary receipts are entitled to convert the receipts into Sber ordinary shares at a ratio of 1:4.

Key Points: 
  • Sber informs on the beginning of the 30-day period during which holders of depositary receipts are entitled to convert the receipts into Sber ordinary shares at a ratio of 1:4.
  • Following the resignation of its powers as a depository bank under the Sber depositary receipts program, JP Morgan Chase N.A.
  • Subject to existing restrictions issued by foreign regulators, holders of depositary receipts may be limited in their rights to hold and execute transactions with Sber shares.
  • More information about the conversion of depositary receipts into Sber ordinary shares is available in the frequently asked questions section on Sber website.

Sber alters organizational structure to implement Strategy, announces changes in the management team

Retrieved on: 
Tuesday, February 15, 2022
B2C, Goal, Technology, Government, CIS, Economics, Retail, Certificate, CIB, Moscow State University, Banking in Russia, Central bank, Central Bank of Russia, Khasi people, Metal, Mining, Life, Industry, MAR, B2B, Ecosystem, CFO, London Business School, Dream, Marketing, CB Bank, Time, CEO, Solution, Efficiency, Leadership, VK, Sberbank of Russia, Supervisory board, Ministry of Finance (Azerbaijan), Ministry, KPMG, RTÉ Executive Board, Growth, Investment, Management, Security (finance), Sales, Property management, EU, Sběř

Sber alters organizational structure to implement Strategy, announces changes in the management team

Key Points: 
  • Sber alters organizational structure to implement Strategy, announces changes in the management team
    Dissemination of a Regulatory Announcement that contains inside information according to REGULATION (EU) No 596/2014 (MAR), transmitted by EQS Group.
  • Sber alters organizational structure to implement Strategy, announces changes in the management team
    In the framework of the implementation of its Strategy, Sber has decided to make changes to its organizational structure that will enhance client centricity.
  • Unified asset management will ensure a better customer experience, create significant synergy, and strengthen Sber Group's position in the fast-growing e-com industry.
  • Kirill Tsarev joined the Sberbank team in 2011 as deputy CEO of Sberbank Leasing, which he soon led.

Sberbank: Sber Group to buy Sberbank shares for up to 50 billion rubles in 2022-2025 for the long-term employee remuneration program

Retrieved on: 
Thursday, January 20, 2022
Moscow Exchange, Sberbank of Russia, Sběř, MAR, Program, RUB, Acquisition, Security (finance), Health insurance, EU

Sber CIB, a subsidiary of Sber Group, will purchase Sberbank ordinary shares in the amount of up to RUB 50 bn in 2022-2025 for its long-term employee remuneration program, in accordance with a decision made by the Sberbank Executive Board.

Key Points: 
  • Sber CIB, a subsidiary of Sber Group, will purchase Sberbank ordinary shares in the amount of up to RUB 50 bn in 2022-2025 for its long-term employee remuneration program, in accordance with a decision made by the Sberbank Executive Board.
  • In the first program cycle, more than 1,000 key employees of the company, from experts to vice presidents, became participants of the program.
  • For the first cycle of the program, the company is launched in late 2021, shares already held by Sber Group is used.
  • The stock portfolio formed as a result of the of the acquisition will be used in future program cycles.

Sberbank: ​​​​​​​One thousand key employees to become Sber shareholders

Retrieved on: 
Wednesday, December 29, 2021
CIS, Banking in Russia, Ministry, Sberbank of Russia, Ministry of Finance (Malaysia), Government, Central Bank of Russia, CEO, MAR, Life, Program, Remuneration, Motivation, Security (finance), Management, Sběř, EU

On the year of Sberbank's 180th anniversary, the board has decided to launch long-term stock option programs to motivate its most effective employees.

Key Points: 
  • On the year of Sberbank's 180th anniversary, the board has decided to launch long-term stock option programs to motivate its most effective employees.
  • In the first cycle of the program, 1,000 key employees - from experts to vice presidents - will receive part of their remuneration in Sber shares.
  • Long-term motivation programs for employees that have a key impact on the overall performance will facilitate the implementation of Sber's ambitious goals outlined in Strategy 2023.
  • The launch of the first program cycle will not require the purchase of Sber shares from the market, as existing shares in Sber Group will be used.