First of all, you need to contact your brokerage company. Most brokers can arrange for your depositary receipts (DRs) to be converted into shares.
Procedures for converting the depositary receipts into PJSC Gazprom’s shares:
- Declarative conversion. This option was available for holders or beneficial owners of the DRs the rights to which were recorded in foreign depositories. The declarative conversion was completed on November 24, 2022, but you can still use the standard conversion procedure;
- Automatic conversion was performed only with regard to the DRs which are in the custody of Russian depositories (those are mostly the DRs that were purchased at SPB Exchange). The shares were credited to the accounts of investors in the same depositories where the respective DRs were placed
- Standard conversion. If the DRs were not converted automatically and the investor did not use the declarative conversion procedure, then the standard conversion procedure can be used by the investor upon request made either to his broker/depository or to The Bank of New York Mellon (BNY Mellon). Please note that the standard conversion procedure is currently suspended on the part of The Bank of New York Mellon; we recommend that you refer directly to the dedicated website of BNY Mellon for the latest information on when the standard conversion procedure will be resumed.