Rostelecom Offers to Shareholders E-voting Services
Rostelecom has announced that it will offer its shareholders the opportunity to use E-voting services at its Annual General Meeting. The services will be provided by National Settlement Depository (NSD) and JSC Novy Registrator.
During the period for submitting voting ballots (which runs from 29 May to 15 June), as well as on the day of the AGM (18 June), Rostelecom shareholders will have the opportunity to use e-voting systems provided by NSD and Novy Registrator.
AGM participants will be able to vote online by completing electronic ballots. They can also view the AGM’s agenda and other key materials. The service will be provided to shareholders free-of-charge. The synergy of services provided by the two companies allows shareholders to use maximum voting products, and guarantees safety and confidentiality.
A shareholder may vote remotely by clicking the e-voting link on the main page of the AGM website –www.rostelecom.ru/ir/agm/events/gosa/detail/2017/. To do this, a shareholder should have a verified account on the State Services Portal (www.gosuslugi.ru).
“The electronic voting option used at shareholder meetings increases the effectiveness of making corporate decisions and represents a key element for developing Russia’s digital economy. For shareholders’ convenience, we propose that they should vote remotely via NSD’s and Novy Registrator’s e-voting systems.”
“NSD’s efforts in the sphere of FMI development are focused on digital technologies, including e-voting which is becoming more popular. With regard to this, we consider our joint activities with issuers and registrars on promoting this service among individual clients – shareholders and investors – very important.”
“We pay special attention to using new technologies in our work with issuers and shareholders. Offering a new service to clients, the registrar is making a critical step towards upgrading shareholders’ access to remote voting.”
About the E-voting platform
The E-voting technology is a universal voting mechanism. It enables security holders to remotely take part in shareholder meetings held in the form of joint presence and to vote at the meetings held in absentia. National Association of Securities Market Participants (NAUFOR) named NSD’s E-voting project the winner of Russia’s Elite of the Securities Market Awards in the category “Best Project Focused on Stock Market Development.”
The service provides shareholders with:
- An opportunity to register and vote electronically (by filling out an electronic ballot at www.e-vote.ru);
- An opportunity to connect to the video or text broadcasting (depending on the issuer’s choice);
- An access to agenda items and materials of the meeting;
- Online communications with the issuers during the meeting.
The E-voting platform is accessible online anywhere in the world; no special technical means are required to vote. The new service is available for all categories of shareholders regardless of where their securities are held– with a depository or the register. If an investor owns shares of a few companies that use e-voting, he/she may vote via the integrated platform’s services without bearing additional costs. The E-voting platform is a turnkey solution which can be integrated into issuers’ and registrars’ computer systems.
When using the E-voting platform, an issuer and its ballot committee can receive data about shareholders’ votes in the online mode. To calculate votes and adopt resolutions, the issuer can timely register the votes of shareholders who attended the meeting and the votes submitted via the e-voting system. The document interchange between issuers, registrars, and the CSD will be carried out on the basis of ISO international formats implemented by NSD as part of corporate action reform. It provides for a straight through process of automation across all stages of meetings.
For detailed information about the service please contact us by sending a request to firstname.lastname@example.org.
About National Settlement Depository
National Settlement Depository (NSD), a part of the Moscow Exchange Group, is the central securities depository* of the Russian Federation.
NSD was founded 27 June 1996. On 31 March 2018, the value of securities under custody amounted to RUB 41.7 trillion. The Bank of Russia recognized NSD as a systemically important central securities depository, settlement depository, and repository. The NSD payment system has the status of a systemically and nationally important system.
NSD offers a wide range of services to its clients, including settlement and depository services, OTC transaction registration (repository services), information services, collateral management services, and technological services.
As Russia's national numbering agency and the substitute numbering agency for the CIS, NSD is authorized to assign international ISIN, CFI and FISN codes. NSD has the status of a Local Operating Unit (LOU), which allows it to assign Legal Entity Identifiers (LEIs) to corporate clients.
The Bank of Russia has assigned NSD the status of an operator of the NSD Payment System (registered name).
NSD settles on-exchange trades and conducts a major part of OTC settlements; it services Russian and foreign securities as the central securities depository. Currently, NSD has accounts with central securities depositories and international central securities depositories of eight countries, as well as correspondent accounts with major foreign and Russian banks. NSD services securities issued by companies representing more than 40 countries. The international rating agency Thomas Murray has assigned NSD an AA- rating as a central securities depository.
For additional information about NSD please visit www.nsd.ru/en.
* The central securities depository status was assigned to NSD by the Russian Federal Financial Markets Services’ Order ¹12-2761/PZ-I (dated 6 November 2012). NSD holds professional securities market participant license ¹045-12042-000100 for depository operations issued by the Russian Federal Financial Markets Services (19 February 2009), license ¹3294 for banking operations issued by the Central Bank of the Russian Federation (4 August 2016), license ¹045-00004-000010 for clearing activities issued by the Russian Federal Financial Markets Services (20 December 2012), and license ¹045-01 for repository operations issued by the Bank of Russia (28 December 2016).
JSC Novy Registrator is one of Russia’s largest independent registrars; it has maintained joint stock companies’ registers since 2003. It is one of the top five Russian registrars.
The Company holds a license for register maintenance operations ¹ 045-13951-000001 issued by the Federal Financial Markets Service 30 March 2006 for an unlimited term.
Novy Registrator is a member of the Professional Association of Registrars, Transfer Agents and Depositories (PARTAD), and its representative has been elected a member of PARTAD’s Board of Directors.
Novy Registrator was named the best infrastructural institution of 2015 by PARTAD.
Novy Registrator is developing rapidly and has 28 branches across all Russia’s time zones. It now has 5,700 joint stock companies as its clients.
 A client of a nominee may vote at a meeting of shareholders only if a depository disclosed information about the client as about a person entitled to participate in the meeting.