Conversion coefficient of other types of preferred shares – definition and meaning of "Conversion coefficient of other types of preferred shares"

The conversion coefficient of preferred shares of another type is determined as the ratio of the nominal value of one specified preferred share of another type to the weighted average price of one ordinary share, calculated based on the results of organized exchange trading, in the quotation list of which ordinary shares are included, for the reporting year preceding the year in which the decision to convert the specified preferred shares of another type is adopted¹.

Federal Law No. 173-FZ dated October 13, 2008, "On Additional Measures for Supporting the Financial System of the Russian Federation" dated October 13, 2008, as amended on March 8, 2026, Article 4, paragraph 8.2 // RSZ RF. 2008. No. 42. Art. 4698. ↩