OREANDA-NEWS. July 29, 2015.Due to the cancellation of the banking licence of AMB Bank (PJSC) (the city of Moscow, TIN 77230017672) (hereinafter, the Company), the Bank of Russia took a decision to cancel the Company’s licences of a professional securities market participant to carry out broker activity No. 177-04224-100000, dated 27 December 2000, dealer activity No. 177-04274-010000, dated 27 December 2000, depository activity No. 177-12914-000100, dated 9 February 2010, and securities management No. 177-13245-001000, dated 27 December 2000, and depository activity No. 177-04579-000100, dated 3 August 2010.

The depository licence is terminated from 24 August 2015. From 24 July 2015, the Company is not entitled to open depot accounts and hold securities in nominee accounts. By 24 August 2015, the Company is obliged to ensure the possibility for its customers to transfer securities to personal accounts in the register of securities owners or to depot accounts in depositaries. From 24 July to 24 August 2015, the depositors are entitled to instruct the Company accordingly to transfer their securities as stipulated in the agreement (terms of the Company’s depository activities). Upon expiration of the said period the Company is obliged to transfer customers’ securities to personal accounts opened by the Company in the register of securities owners in compliance with Russian legislation. In case of failure to perform or improper performance of customers’ instructions or the Company’s failure to duly receive instructions to transfer securities, the depositors to the Company may seek judicial protection and/or apply to law enforcement authorities.