National Settlement Depository (NSD) and VTB Registrar will provide Alrosa, Russia’s leader in diamond mining, with e-voting services at its General Meeting of Shareholders.
From 19 December 2017 to 11 January 2018, Alrosa shareholders will be able to use NSD’s e-voting systems and VTB Registrar’s Meeting Portal service. The synergy of the companies’ services provides a full list of voting services to shareholders and guarantees confidentiality and security.
E-voting provides shareholders with the following options: to vote online, to view a meeting’s agenda and materials, and to communicate with an issuer via sending and receiving messages. All services are provided for free.
Eddie Astanin, Chairman of the Executive Board, NSD, said: “We see that a trend in actively implementing the newest corporate governance technologies is developing at companies. In that regard, using e-voting technology definitely increases shareholders’ trust in the company and their involvement level, and creates additional conditions for them to exercise their rights. Eventually, this increases the investment attractiveness of Russian issuers.”
Konstantin Petrov, CEO, VTB Registrar, added: “VTB Registrar pays special attention to expanding its services, including by supporting leading companies which pursue innovative and client-oriented principles. It is important to provide investors with an opportunity to exercise their rights to manage society: the combined experiences of NSD and our company allow the efficient development of services and contribute to market growth and an increase in its attractiveness for investors.”