The Sberbank's RDR program (Russian depository receipts certifying the ownership of ordinary registered certificated shares of United Company RUSAL PLC, ticker - RUALR) is expected to close on 17 August 2017. The risk parameters will be equal to the values below.
From 25.07.2017 sets the following risk parameters:
Ticker
Description
short sales allowed
short sales allowed from 25.07.2017
RUALR
Russian depository receipts certifying the ownership of ordinary registered certificated shares of United Company RUSAL PLC
Yes
No
From 09.08.2017 sets the following risk parameters:
Ticker
Description
Current IM rates
IM rates
from 09.08.2017
S_1_min
S_2_min
S_3_min
S_1_min
S_2_min
S_3_min
RUALR
Russian depository receipts certifying the ownership of ordinary registered certificated shares of United Company RUSAL PLC
35%
49%
78%
100%
100%
100%
From 24.07.2017 the Securities penalty rate HSECRate is set at -200% per annum.
The risk parameters for the shares of United Company RUSAL Plc (RUAL) do not change.