CREDIT BANK OF MOSCOW (PUBLIC JOINT-STOCK COMPANY) ANNOUNCES THE PRICING AND THE PRELIMINARY RESULTS OF THE OFFERING OF ITS SHARES

06.11.2019

IMPORTANT NOTICE: NEITHER THIS ANNOUNCEMENT NOR THE INFORMATION CONTAINED IN IT IS FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO THE UNITED STATES OF AMERICA (EXCEPT TO QUALIFIED INSTITUTIONAL BUYERS, AS DEFINED IN RULE 144A UNDER THE US SECURITIES ACT OF 1933 (THE “SECURITIES ACT”) THAT ARE ALSO QUALIFIED PURCHASERS AS DEFINED IN SECTION 2(A)(51) OF THE US INVESTMENT COMPANY ACT OF 1940), AUSTRALIA, CANADA, JAPAN OR ANY OTHER JURISDICTION WHERE TO DO SO WOULD BE UNLAWFUL. THIS ANNOUNCEMENT DOES NOT CONSTITUTE OR FORM A PART OF ANY OFFER OR SOLICITATION TO PURCHASE OR SUBSCRIBE FOR SECURITIES IN THE UNITED STATES OR IN ANY OTHER JURISDICTION.

CREDIT BANK OF MOSCOW (public joint-stock company) ("CREDIT BANK OF MOSCOW" or "CBM" or the "Bank"), one of the leading private universal commercial banks in Russia, today announces pricing of the Offering (the “Offering”) of its ordinary shares (the “Shares”).

· The Bank’s Supervisory Board has approved the offer price at RUB 5.35 per Share.

· The total number of Shares subscribed for in the Offering is 2,750,000,000 Shares. The total size of the Offering is RUB 14,712,500,000. LLC Concern Rossium has subscribed for 1,541,284,403 Shares. The final total size of the Offering and the final total proceeds thereof are expected to be announced by CBM by no later than 6 November 2019.

· Citigroup, Société Générale and Sova Capital Limited, acted as Global Coordinators and Joint Bookrunners of the Offering.

 

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This announcement is not and does not form part of any offer or solicitation to purchase or subscribe for securities in the United States. The securities referred to herein are not registered under the U.S. Securities Act of 1933, as amended, and may not be offered or sold in the United States absent registration or an exemption from registration under the U.S. Securities Act of 1933, as amended. CREDIT BANK OF MOSCOW (public joint-stock company) does not intend to register any portion of the offering of any securities referred to herein in the United States or to conduct a public offering of the securities in the United States. This communication does not constitute an offer of the securities to the public in the United Kingdom. No prospectus has been or will be approved in the United Kingdom in respect of the securities.

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