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Integra brochure
(pdf - 1.6 mb)


July 22, 2013

Notice of GDR Ratio Change

 
July 22, 2013 – Integra Group (LSE: INTE) announces that with effect from start of trading on Tuesday, 6 August 2013 the ratio for the Company's Global Depositary Receipts program will be changed:
 
 
Old Ratio - 20 GDR equal 1 Class A Common share
New Ratio - 1 GDR equals 2 Class A Common shares
For every 40 GDRs held by a Depositary Receipt holder, they will receive 1 new GDR in return.
 
The issued number of Class A and Class B Common Shares and their nominal value will be unchanged.
According to the terms of the amended Deposit Agreement the annual dividend/administration/ registrar inspection fee (“Annual Depositary Fee”) will equal US$0.03 per new GDR instead of the current US$0.015 per old GDR which implies a twenty fold decrease in such fees as a proportion of the market price. 
 
Investors should note that they need not take any action in relation to this change. In effecting this conversion the GDR’s will be rounded down and any excess will be sold with the proceeds remitted to the GDR holder by the Depositary.

 

 
 
Contacts
 
Integra Group
 
 
Andrey Machanskis
Head of Investor Relations
Tel. +7 495 933 0621