Computershare Limited has completed two transactions with BANK URALSIB, as part of a long term strategy to build a substantial market leading business in Russia.
Computershare has agreed terms to acquire a controlling interest in The National Registry Company (NRC), Russia’s largest independent registrar. Computershare has been a shareholder in NRC since 2003.
NRC was established in 1995 and has made significant investments in client service and technology, placing the business at the forefront of innovation and best practice in the Russian registry industry. Key clients include Norilsk Nickel, Aeroflot, Rosbank and Vimpelcom.
NRC is the only independent registrar in the Russian market with access to Computershare’s global footprint, including direct electronic links to the UK CREST system. For Russian companies looking to pursue a dual-listing in Moscow and London, NRC is uniquely placed to provide efficient cross-border settlement between the Russian stock exchanges and the UK markets.
“Computershare provides an unparalleled global service for its clients we are the only company able to offer comprehensive, local registry services on all 5 continents and to have on the ground representation across 20 countries,” Chris Morris, the CEO of Computershare. “We firmly believe that Russia will play a key part in our portfolio going forward.”