Корпоративное действие FORUM BANK — REG S DR — a rights offering

Event details

1. Company announcement
Euroclear has been advised of a rights offering on the above mentionned security.
Each eligible holder (as defined below) of gdss will have rights to subscribe for additional gdss. these rights are called ’ds rights.’ this offering is being made in the context of an offering of rights being made by the company to all holders of its shares.
The share rights, the shares and gdss representing the shares have not been and will not be registered under the securities act of 1933, as amended, or under the securities laws of any state. none of the share rights, the shares or gdss representing the shares may be offered or sold in the united states or to any u.s.  person (as defined in regulation s under the securities act).

Remark : no rights will be distributed.

It is not possible to oversubscribe.

2. Restrictions
The DS rights will be made available for exercise only to holders of gdss as of 21/06/10 that are:
(A) Persons other than 'u.s. persons' and are located outside the United States,
(B) Acquiring and exercising such rights in’offshore transactions’ in accordance with regulation s under the securities act an,
(C) Are not affiliates of the company or persons acting on behalf of an affiliate of the company.

Holders of gdss that meet the above conditions are eligible holders.

Restrictions are applicable at a beneficial owner level.

3. Certification
In order to participate in this offer, eligible shareholders must certify to the terms of the ’investor certification form’

Bank of New York (the 'Agent') and Euroclear have agreed to suspend the requirement to produce paper form certification where the instructing euroclear participant is able to provide an electronic certification in connection with the subscription of global depositary receipts (GDRS).

4. Cash debit
Euroclear bank will debit the subscription cost from the participants account for the instructions received.
Participants do not need to the wire the cash directly to Bank of New York, NY.

5. Proceeds
Payable date: new gdss will be credited as soon as practicable after the new ordinary shares are received by the Bank of New York Mellon’s Ukrainian custodian and the company has deposited a global certificate evidencing the new ordinary shares.

If (I) the deposit amount is greater than the u.s.  dollar equivalent of the share subscription price as of 30/06/2010 plus the depositary’s issuance fee and applicable expenses and taxes or (ii) the rights offer does not close for any reason, the excess U.S.  dollars (or all U.S.  dollars) will be refunded to you, less any applicable fees, expenses, taxes or currency conversion losses. if the deposit amount is less than the U.S.  dollar equivalent of the share subscription price as of 30/06/2010 plus the depositary’s issuance fee and applicable expenses and taxes, you must pay the deficiency to upon notice thereof, and the Bank of New York Mellon will not be obligated to deliver additional gdss to you until you have paid that deficiency.

In addition, if you do not respond in a timely manner to the notice to pay such deficiency, the Bank of New York Mellon may, at its discretion, sell any part of your new gdss to pay that deficiency.

Only whole new gdss may be purchased. all entitlements are rounded down to the nearest whole number of new GDSS.

This corporate action notification does not constitute an offer to sell or the solicitation of an offer to buy any securities by anyone in any jurisdiction. it is not, and should not be construed or treated as, investment or financial advice. in providing this information, Euroclear Bank is not acting as agent of the issuer.
By sending an instruction, you confirm to euroclear bank that you (and any beneficial owner(s) for whom you act) comply with the terms and conditions of the offer.