On 23 September 2021, the voting at the extraordinary general meeting of shareholders of PJSC Raspadskaya (MOEX: RASP) (“Raspadskaya”), the major and one of the lowest-cost manufacturers of coking coal in Russia, was completed.
For the first time, Raspadskaya shareholders used the E-voting service offered by National Settlement Depository (NSD). In total, 227 shareholders took part in the meeting, of which 80% voted through the E-voting service.
The company’s registrar, IRC – R.O.S.T., has, also for the first time, integrated the E-voting service with its general meeting system. The first experience of data interchange between the IT systems of IRC – R.O.S.T. and NSD was successful. The systems run smoothly and without interruption, enabling Raspadskaya shareholders to exercise their right to participate in the meeting.
Denis Buryakov, Managing Director, Head of Depository and Clearing Services Center, NSD:
“More and more issuers have their systems integrated with NSD’s E-voting service. The move is driven by their desire to offer a choice to their shareholders, facilitating shareholders’ involvement in corporate governance. E-voting meets these criteria thanks to the provided opportunity to comfortably vote at any time and from anywhere in the world.”