Dividends are portion of the Bank’s net profit for a financial year distributed among its shareholders based on the number and type of shares they hold. Dividends are paid from the Bank’s profit after taxation (Bank’s net profit).

Decision on dividend payment, its amount and form is made by the General Shareholders’ Meeting in compliance with the Federal Law “On Joint Stock Companies”. Amount of dividend can not exceed the amount recommended by the Bank’s Supervisory Board.

Shareholders included in the shareholder register of “Bank Saint Petersburg” as of the date of the record for shareholders entitled to participate in the General Shareholders’ Meeting, where the decision on dividends is made, have the right to receive dividends.

Amount of dividend does not depend on share price.

Information on dividend payment is available at the following link.

If shares are recorded in the shareholder register through a nominee holder (or in the depositary), on the record date for shareholders entitled to participate in the Meeting the nominee holder specify bank details for transfer of dividends to shareholders in favor of which it holds the shares.

Dividends on shares recorded on the nominee holder account are paid to the bank details specified by the nominee holder upon disclosure of the list of shareholders as at the record date for shareholders entitled to participate in the General Shareholders’ Meeting and receive dividends. A bulletin is sent to a nominee holder specifying the amounts of dividend transferred to the bank details of the nominee holder due to the shareholders which have stated this nominee holder as a person to receive the payment. The bulletin contains the data on the name (full name) of a shareholder, i.e. a customer of the nominee holder, number of shares, amount of dividend accrued, tax withheld and dividend transferred.

Yes, you can. List of shareholders entitled to dividend payment is made as of the date of record for shareholders entitled to participate in the General Shareholders’ Meeting which makes the decision on dividend payment.

If your shares are recorded with the Bank’s Registrar (JSC “Independent Registrar Company R.O.S.T.”), you should change account for dividend payment in the registered person application form. Such application form should be signed in the person and in the presence of employees of the Registrar. Otherwise signature on the application form should be notarized.

Registrar

If your shares are recorded in the Bank’s Depositary, you should change account for dividend payment in your depositor application form. The application form should be signed in person in presence of the employees of the Bank’s Depositary Department. Otherwise signature on the application form should be notarized

Depositor application form can be changed at the following address:

Depositor application form in this case can be changed in the Bank's Head Office at the address: 64A, Malookhtinsky pr., St. Petersburg, 195112, Russian Federation, office 1436, tel. +7 /812/ 329 5835, 9.30 - 16.00.

If your shares are recorded in other depositary, you should refer to your depository and provide it with new bank details in compliance with its requirements.

The Bank as a tax agent assesses and withdraws income tax from your dividend under the effective Russian laws.

Dividends are paid less tax on income from participating interest. Tax on dividend income is withheld at source when such income is received via wire transfer or in cash in the Bank’s Cashiers in compliance with the RF Tax Code.

Tax rate for income from participating interest:

• for resident individuals – 13%;
• for non-resident individuals – 15%;
• for resident legal entities – 13%;
• for non-resident legal entities – 15%.

If non-residents submit documents confirming that they are entitled to preferential tax treatment, other tax rate can be used in compliance with the bilateral double taxation treaties made by the RF and effective in the relevant tax period.

If in the reporting tax period you have received dividends in the Bank’s Cashiers or to your account, you can order such statement on or after 20th day after the end of the tax period in any Bank’s outlet or by the phone in the Shareholder Equity Department: /812/ 329 5022, 329 5022*5708. The 2-NDFL Statement is issued against signature.

In such case a shareholder can contact the Bank’s Shareholders Equity Department by the phone |812| 329 5022 and find out the reason of such non-payment.

Yes, you should. Taxation of securities transaction of individuals is governed by Article 23 “Individual Income Tax”, part 2 of the RF Tax Code which provides for 13 percent tax on income from the sale of securities less expenses. The tax is not payable if you have no income from the sale of securities.

The CBR should be notified when one legal entity or individual, or a group of legal entities and/or individuals which have entered into an agreement, or group of legal entities which are subsidiaries or affiliates  purchase or receive in trust over one percent of the Bank’s shares in one or more transactions.

If a shareholder (or a group of shareholders) of the Bank holds more than one percent of shares (or receives in trust more than one percent of shares), the CBR should be notified of any subsequent acquisition of the Bank’s shares.

The notice should be in the form of Appendix 2 to CBR Guidelines No. 135-I “On Procedure for the CBR Decisions on State Registration of Credit Institutions and Issuance of Licenses for Banking Transactions” of April 2, 2010.  

The notice should be sent to the Main Department of the Central Bank of the RF in and for St. Petersburg, to the Head of the Main Department, within 30 calendar days after such acquisition. The said notice should be serviced by a purchaser (or one of the purchasers), trustee, or authorized person. Powers of an authorized person should be confirmed in compliance with the laws.

Extract from the shareholder register (if your shares are recorded in the registrar’s system) or statement of securities account (if your shares are recorded with the depository).

Information on the Bank's shares is available at the following link.

The Bank has the right to purchase its own shares only in cases provided for in the Federal Law “On Joint Stock Companies”, Article 72 “Acquisition of Placed Shares by the Company”.

The Bank has ca. 44,000 shareholders.

The financial results of the Bank is available at the following link.

The Shareholders Equity Department deals with shareholders. The Department provides consultations for shareholders every day in the Bank's Head Office at the address: 64A, Malookhtinsky pr., St. Petersburg, 195112, Russian Federation, office 335, floor 3, from 9.30 to 19.00 (Monday-Thursday), from 9.30 to 17.45 (Friday).

Since 30 October 2010, the Register of the holders of the Bank’s registered securities has been kept by a special registrar: Joint-Stock Company “Independent Registrar Company” (JSC “Independent Registrar Company”).

On February 4^th, 2019, changes were made to the Unified State Register of Legal Entities about the reorganization of JSC “Independent Registrar Company” in a form of combination with JSC “Independent Registrar Company R.O.S.T.” (JSC “IRC – R.O.S.T”). JSC “IRC – R.O.S.T” is an assignee of JSC “Independent Registrar Company”.

Registrar

Customer account data (or securities account data if your shares are recorded in the Bank’s Depositary or with other nominee holder) should be brought in compliance with the details of your valid ID document (RF passport), address and other personal data. In such case you should submit the following documents to the Registrar (the Depository or nominee holder):

1. The registered person application form (depositor application form) with specimen signature of securities holder. An individual should sign the registered person application form (depositor application) in the presence of the authorized representative or transfer agent of the Registrar (the Depository, nominee holder), otherwise his/her signature should be notarized. Please note that the purpose of application form submission should be “Amendments to Customer Account Data”.

2. Documents (originals or notarized copies) confirming such changes of personal details:

• passport with the information on the previous passport (in case of changes in passport details). If valid passport does not contain any information on the previous passport, statement from the police department at the residence address which includes details of the pervious and new passports of the registered persons;
• if first, middle or last name is changed, the registered person should submit notarized copy of the document confirming such change;
• if address is changed and such change is not confirmed by the valid passport, a statement from the passport office at the residence address shall be submitted.
• if the passport is issued  instead of seafarer’s ID, military officer’s ID, relations of such documents should be confirmed.

In order to receive the extract from the shareholder register a requester should submit the information order or request. Request for the extract from the shareholder register should be submitted by the registered person himself/herself or his/her authorized representative. Such person should provide ID document.

If the request is submitted by an authorized representative, he/she should provide original document confirming his/her powers to act on behalf of the registered person or its notarized copy.

The Registrar should issue the extract from the shareholder register to the registered person or its authorized representative within 5 business days.

For the Registrar’s price list go to the web-site of JSC “Independent Registrar Company R.O.S.T”.

For tariffs of the Bank’s Depository go to the Bank’s web-site (www.bspb.ru), about Bank/ Depositary/Tariffs or contact /812/ 329 5835.

Under Federal Law No. 208-FZ “On Joint Stock Companies” of December 26, 2005 the Annual General Shareholders’ Meeting of  “Bank Saint Petersburg” should be carried out after March 1 but not later then June 30 of the year following the reporting one.

The Extraordinary Meeting is convened:

• on request of the Bank’s Revision Commission;
• on request of the Bank’s Auditor;
• on request of shareholders (shareholder) holding at least 10% of the Bank’s voting shares as of the date of such request;
• by resolution of the Bank’s Supervisory Board on its own initiative.

Additionally, notice of the General Meeting is placed on:

• The Bank’s web-site at Shareholder Centre;
• In the Shareholder’s personal cabinet on Registrar’s website: lk.rrost.ru

Under Federal Law No. 208-FZ “On joint Stock Companies” of December 26, 2005 the decision on the venue of the General Shareholders’ Meeting is taken by the Bank’s Supervisory Board.

The Meeting should be held in city (town, village) where a company is located unless otherwise is provided in the company’s articles of association which govern the powers of the General Meeting.