Each VTB Bank GDR represents 2,000 equity shares and trades on the London Stock Exchange under the symbol of VTBR.
VTB Bank’s equity shares are listed on Russia’s Moscow Interbank Currency Exchange (MICEX) under the symbol of VTBR.
The $2.78b raised through the offering, VTB Bank’s is the second since 2007, makes it the largest DR capital raising by a Russian incorporated company this year.
VTB Bank, the main entity of the VTB Group, offers banking products and services in Russia, the CIS, Western Europe, Africa and Asia.
BNY Mellon’s Depositary Receipts business CEO Michael Cole-Fontayn said that the extensive experience working with many Russian depositary receipt issuers enables BNY Mellon to support VTB Bank in its continued global expansion.
