This message was revised on 26.09.2023.

The liquid portion of ERSTE STOCK RUSSIA is paid out after deducting a reserve for settlement costs.

Based on the last calculated value before the suspension on 24.2.2022, this is approx. 15% of the last calculated value.

AT0000A05S97 (Distributing share EUR)
Capital repayment: 0.8481
Thereof CGT on income from capital assets: 0.0782
Download tax treatment (German only)

AT0000A05SA6 (Accumulating share EUR)
Capital repayment: 1.1102
Thereof CGT on income from capital assets: 0.0622
Download tax treatment (German only)

Ex-dividend date/Valuta of the repayments is Thursday, October 20, 2022, the CGT results from realized currency gains on the foreign currency accounts and the correction of the devaluation, which was taken into account in the financial statements as of the end of May 2022 (end of the fund financial year of ERSTE STOCK RUSSIA as of May 31, 2022).

Thus, 19 illiquid non-tradable Russian equity positions (thereof 2 GDR*, no ADR**) and a cash balance (reserve to cover the ongoing legally required expenses for the settlement (e.g. auditors' fees)). A list of all holdings of ERSTE STOCK RUSSIA can be found in the annual liquidation report. You will find this report here for the first time as of the end of August 2023.

The last annual report of the fund as of 31.05.2022 can be found here.

* Global Depository Receipts (GDR) are depositary receipts, modeled after American Depository Receipts (ADR), that certify ownership of shares. (Source: Wikipedia)

** An American Depositary Receipt (also abbreviated ADR) or American Depositary Share is a dollar-denominated depositary receipt issued by U.S. depositary banks in the U.S. that embodies a certain number of deposited shares of a foreign company and can be traded in their place on the U.S. capital market. (Source: Wikipedia)