MICEX Involved in Clash over Concern Kalina’s Missing Shares

2 March 2012 (10:18)

Yet another meeting of Sverdlovsk Region Arbitration Court regarding the claim of Concern Kalina’s minority shareholder Igor Platonov took place in Yekaterinburg recently.

Platonov placed a claim against VTB Registrator with Sverdlovsk Region Arbitration Court, asking to declare the writing of 2,844 ordinary shares of Concern Kalina (face value 70 RUR) off his account invalid and to restitute the shares onto his personal account. Platonov claims that the writing off, which took place on November 15, 2011, was done illegitimately and without his consent.

VTB Registrator provided the court with a statement of the plaintiff’s personal account that says an unidentified party presented them a share transfer form on November 10, 2011; the form and the sale and purchase agreement signed by the plaintiff and a certain D. Medvedev on November 7, 2011 were used as the grounds for transferring the ownership rights over the shares to the latter.

VTB Registrator placed a petition with the court, asking that MICEX provide the papers that identify the people to whom 2,840 shares were transferred from D. Medvedev’s Unicom Partner with the help of QUIK software in the register of Concern Kalina’s stockholders. The court ruled that the stock exchange should provide the papers that identify the people to whom shares were transferred from D. Medvedev’s Unicom Partner before March 26, 2012.


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