NSD Executive Board Introduces Promotional Period for Gazprom Shares
OREANDA-NEWS. The Executive Board of National Settlement Depository (NSD), Russia’s central securities depository, introduced a promotional period for JSC Gazprom shares transferred to NSD through registers or SSS-bridges from 1 to 29 March if these shares are to be kept in long term safekeeping sub-accounts (LSSA). The promotional period lasts until 1 May. During the period, the payment for safekeeping of Gazprom shares in LSSA will be included in the monthly minimal fee for depository services.
Charges for Gazprom shares’ transfer from Gazprombank depository to the register will not be applicable to Gazprom shares transferred to NSD through registers or SSS-bridges and placed on LSSA from 1 to 29 March.