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UC RUSAL Replaces Securities Registrar and Approves New Service Agreements

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UC RUSAL Replaces Securities Registrar and Approves New Service Agreements

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United Co RUSAL ( (HK:0486) ) has shared an announcement.

United Company RUSAL has disclosed that its board of directors approved a change of the company’s securities registrar following a duly convened meeting with a full quorum. The board voted to terminate its existing register maintenance agreement with Joint-Stock Company Interregional Registrar Center, resolving to end the 2020 contract covering the register of holders of the company’s securities.

The board simultaneously approved Limited Liability Company TEMION as the new registrar for UC RUSAL and endorsed the key terms for two new agreements. These agreements cover both the maintenance of the shareholder register and the organization of general meetings of shareholders, signalling an operational shift in the handling of shareholder records and corporate governance processes.

More about United Co RUSAL

United Company RUSAL is an international public joint-stock company incorporated in Jersey and continued in the Russian Federation, with shares listed in Hong Kong and on Russian exchanges. The company operates in the metals sector as one of the world’s major aluminium producers, serving industrial customers and investors across multiple markets.

Learn more about 0486 stock on TipRanks’ Stock Analysis page.

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