Andrey AAA is genuine.
I have sold my shares to him.
I had a modest holding by my standards of 27,500 shares which i bought less than suspended price. I got all my money back. He flew to meet me in person as I live in Portugal.
I was as nervous as anyone doing the deal. he is not interested in micro holdings due to travel costs to conclude the sale, he will very likely make a killing on this transaction but equally we might get 0.
Good luck to anyone doing a deal but I can vouch it’s genuine. I got caught trading evraz shares trying to be greedy. I made the 20k I invested on another Russian stock in a day and stuck all my profit into evraz. I was happy to conclude the deal and get out. Here is proof below that I owned the shares, there is a lot of Walter Mitty here . I’ve marked out my personal details.
Cheers andrey |
all the major shareholders of Evraz plc are under sanctions, they don't control anything in the Evraz plc formally speaking |
In Russia this law is called "the Evraz" law and Evraz will be 100% in the list of the companies since the Russian major shareholders will get shares of the the new "Evraz Russia" according to the shares they had in Evraz plc and there will be no choice even for them. It will be mandatory for all Rus nationals to exchange. You can read the law if you want:
hxxp://publication.pravo.gov.ru/document/0001202308040071?index=1 |
Does this actually apply to Evraz? The company is still controlled by its shareholders, so afaics control hasn't been 'lost due to unfriendly actions...'.
"The government was also instructed to ensure the launch of a mechanism that will allow Russian persons to regain control over companies managed by foreign legal entities, if it was actually lost due to "unfriendly actions against the Russian Federation, Russian citizens and organizations."" |
So?
😗 |
Andrey AAA
Member since: 07 Aug 2023 |
Hi guys, the time is running low (Putin has told the gov to speed up the process yesterday hxxps://www.kommersant.ru/doc/6162527 this newspaper is like FTimes) , if you want to sell it at $1 per share please let me know in private messages. It's like 2-3 weeks before the company forcefully goes completely to Russia from UK. |
There won’t be compensation. But Putin isn’t exactly winning this. Best bet for shareholders here is the Russian federation collapses and various regions break off to form independent states. Not the likeliest scenario, but not impossible. |
Are you being serious? Putin is going to grab your Russian assets and leave you with the debt |
Presumsbly compensation woyld be paid to unfrienfly nationsls. |
also this will be mandatory - as soon as the gov includes Evraz in the list - they have to do it |
well they will confiscate them from UK's Evraz PLC, which is only 50% oligarch owned and they get 100% of the huge Russian business in return and no sanctions |
Evraz has substantial US interests - how would that work? If Russia cancels foreign shareholdings, might the US confiscate the company's US assets in return? |
 hxxps://www.forbes.ru/biznes/494078-putin-uprostil-pereregistraciu-ekonomiceski-znacimyh-kompanij-v-rossii
this is Russian Forbes article on this translated
DEADLINE IS 31 DECEMBER 2023 OR SOONER
Putin has simplified the re-registration of economically significant companies in Russia
Katya Zagvozdkina
Forbes Editorial Board
Putin signed a law that simplifies the re-registration of economically significant domestic companies in Russia from other countries. The document also allows the court to exclude foreign participants from "unfriendly" countries from the ownership of holding companies
President Vladimir Putin has signed a law that simplifies the re-registration of economically significant domestic companies in Russia from other countries. The document is posted on the website of the official publication of legal acts.
Companies that meet at least one of the following criteria are recognized as economically significant: they employ more than 4,000 people, their total assets are worth more than 150 billion rubles, revenue exceeds 75 billion rubles a year, and taxes paid last year — 10 billion rubles.
The document allows the court to exclude foreign participants from "unfriendly" countries from the ownership structure of holding companies. The law is aimed at protecting the rights and legitimate interests of Russians and Russian legal entities, "ensuring the defense of the country and the security of the state in conditions of unfriendly and contrary to international law actions," the document says.
In June, Putin instructed the government by the end of the year to simplify the procedure for redomiciling a business to Russian jurisdiction in cases when its re-registration is "blocked" abroad. "I ask the government, in contact with the business community, to speed up the return of assets in key industries to Russian jurisdiction, including simplifying the procedure for the transfer of business to Russia and registration in special administrative regions (SAR) in cases where such a move is, figuratively speaking, blocked by a foreign party or is not provided for in their legislation at all," — Putin said at the plenary session of the St. Petersburg International Economic Forum.
Material on the topic
Putin declared the need to move to a "sovereign economy" in Russia
In addition, Putin instructed until December to launch a mechanism to protect the rights of Russians and Russian legal entities that own domestic companies through foreign structures.
First Deputy Minister Ilya Torosov said in mid-May at a session of the St. Petersburg International Legal Forum that the Ministry of Economic Development will expand options for helping businesses that are structured through "unfriendly" countries and have been "held hostage" due to sanctions. "Our task is to create the maximum palette of solutions for business, because there is never the right solution for everyone," said Torosov. Among the proposed measures are simplification of "moving" to Russia and assistance in obtaining dividends.
Special Administrative Regions (SAR) were created to return capital to Russian jurisdiction and to protect them from sanctions. Residents are provided with benefits, such as tax-free sale of shares and shares. In 2022, the number of residents of the SAR in Kaliningrad and Vladivostok has tripled compared to 2021. |
not yet, but thanks for the offer. |
is anyone interested in selling the stock at $1? you would need to contact me and have the certificate ready. Russia has made a law that states that ALL foreign holders would lose 100% interest in Evraz and other companies like that.
this is the link to the law (it's in Russian obviosly)
hxxp://publication.pravo.gov.ru/document/0001202308040071
google translation:
By a court decision, the company can be transformed into a public joint-stock company, suspend the rights of foreign owners and distribute their shares among Russian owners. At the same time, Russians who own shares through foreign structures will be able to take them into direct possession. The list of "economically significant" organizations will be established by the government without the possibility of challenging the inclusion.
Evraz is 100% doing this |
Thanks. Goid artivle. |
That article (extracts)came from the Wall Street Journal |
Roman Abramovich's lawyers recently appeared in a Luxembourg courtroom to appeal European Union sanctions against their Russian client, arguing the designation prevented him from "intervening effectively" as a conduit for peace talks between Russia and Ukraine, according to court documents.  The billionaire former owner of English soccer team Chelsea F.C., also made an argument that several other oligarchs have put before the court; that he is being unfairly targeted for simply being a Russian businessman and that his ties to Putin are overstated. The court will rule in the coming months. |
Over a year ago the West launched a new foreign-policy weapon to pressure the Kremlin to halt its war in Ukraine: It sanctioned more than a hundred leading Russian businessmen and their families, hoping that they would prod Russian President Vladimir Putin to give up his expansionist plans. So far the strategy hasn't worked. The war still rages and very few Russian billionaires have publicly denounced Putin or sold off their Russian assets. Meanwhile, a handful of deep-pocketed oligarchs are pushing back, intensifying their legal challenges in U.K. and European Union courts in a long-shot attempt to remove restrictions that include travel bans and asset freezes. |
No opinion. I'll just vote yes as the current team is still engaging with shareholders. |
Do it early and often |
What's your opinion on voting? |
Nice to see Evraz keeping in touch with its shareholders, even if it is just to vote in the AGM. There's hope yet! |
Register to chat with like-minded investors on our interactive forums.
Hot Features
Premium
