Rostelecom Dividends: Online Checker Launched to Assess the Possibility of Receiving Payments
MAGENTA Legal have launched an online checker for former holders of Rostelecom ADRs and shares, allowing them to conduct an initial assessment of whether they may have grounds to submit claims for unpaid dividends for the full year 2022.
You can check your situation using the tool available at the following link.
Foreign investors who held shares of Rostelecom on December 1, 2023, but did not receive their 2022 dividends, may still be able to pursue outstanding payments. This may apply to holders whose rights were recorded through foreign brokers, banks, or depositaries, as well as holders of Russian shares acquired upon conversion of ADRs. However, the deadline is approaching: claims must be filed no later than November 19, 2026. The new tool helps clarify the key circumstances and understand whether it is worth preparing documents for filing a claim.
Purpose of the Tool
The checker is designed for an initial review of a potential right to receive dividends. It helps determine whether a particular situation may require further legal analysis but does not replace an individual legal assessment by a professional.
What Parameters Does the Checker Review?
The tool analyzes the key factors that may affect the possibility of submitting a claim, including:
the type of securities (ADRs, shares acquired upon conversion, ordinary or preferred shares);
the place of custody and recording of securities (within the Russian depository infrastructure or outside Russia);
the number of shares for which dividends were not received;
the presence of a connection to an unfriendly state.
How Does the Checker Work?
The user answers several questions regarding their specific situation. Based on the information provided, the tool identifies a possible course of further action and generates a preliminary assessment result.
Each result is indicative only and is based solely on the information entered by the user.
Legal Disclaimer
The results generated by the checker do not constitute legal advice, a legal opinion, or a guarantee of receiving payment. The tool is intended solely for a preliminary assessment of the situation and helps determine whether further detailed legal analysis may be required.
Additional Assistance
If the preliminary assessment indicates that a claim may have prospects, we provide comprehensive legal and practical support, including:
analysis of the specific situation and relevant documents;
assessment of possible courses of action;
preparation and review of the necessary documentation;
communication with depositories, registrars, and other relevant parties;
assistance throughout the process of pursuing a potential claim.
Please note: MAGENTA Legal is accepting new mandates for this project until September 15, 2026. After this date, new requests will only be considered on an individual basis if sufficient time remains for proper preparation and submission of documents.
Access to the Tool
You can complete the assessment using the online checker available at the following link.