Independent Registrar Company (IRC)

Joint Stock Company "Independent Registrar Company R.O.S.T." (JSC NRK-R.O.S.T.) is a professional participant in the securities market. The company provides comprehensive solutions to securities issuers, their shareholders, as well as managing organizations and owners of apartment buildings.

The company has been operating on the stock market since 1996 and is one of the largest registrars in the Russian market, providing services for maintaining a register of shareholders.

History and Performance Indicators

2020: CBR registered NRK-R.O.S.T. as the first crowdfunding operator

On June 3, 2020, the Central Bank of the Russian Federation registered the first crowdfunding operator. The company "NRK-R.O.S.T." was included in the register of investment platform operators, the regulator said in a statement.

The head of NRK - R.O.S.T. Oleg Zhiznenko, in a conversation with Interfax, explained that the status of the investment platform operator gives the registrar the opportunity to register additional issues of shares of non-public JSCs by closed subscription. "NRK - R.O.S.T." will offer customers the opportunity to register an additional issue of shares by closed subscription from its registrar, "he added.

The Central Bank of the Russian Federation included the first company in the register of investment platform operators

As Kommersant writes with reference to StartTrack investment director Sergei Chetverikov, according to the law "On Attracting Investments Using Investment Platforms"... all operators of existing platforms must be in the register by July 1, and if they do not have time to suspend activities.

In 2019, the Russian Federation adopted a law on attracting investments using investment platforms (initially it was submitted to the State Duma with the name "On Crowdfunding"). By law, investors can be both individuals and legal entities. At the same time, a number of rules and restrictions are established for investment.

Thus, Russians who do not have the status of a qualified investor can invest through such platforms no more than 600 thousand rubles a year. In turn, individual entrepreneurs and companies can attract no more than 1 billion rubles a year through investment platforms.

According to Oleg Zhiznenko, registrars do not belong to the trading infrastructure, but the law on investment platforms provides new opportunities, in particular, in terms of powers regarding additional issues of shares of non-public joint-stock companies. Zhizchenko noted that there are serious restrictions when placing through the platform - both in terms of the volume of attraction and the amount of investment.^[1]

2019: Completion of JSC NRK's accession to JSC NRK - R.O.S.T.

JSC NRK - R.O.S.T. announced the completion of the merger of JSC Independent Registrar Company (NRK).

On February 4, 2019, an entry was made in the Unified State Register of Legal Entities on the reorganization of Independent Registrar Company JSC. Since February 5, all NRC clients have been served in NRC-R.O.S.T. JSC, which is the successor of the NRC for all rights and obligations and continues to maintain registers and provide all registration services under contracts previously concluded by the NRC.

The next stage of the company's reorganization will be the joining of JSC NRK - R.O.S.T. JSC PCRC, which the group expects to complete in the 1 half of 2019. The company's strategy after the reorganization is completed continues to be aimed at ensuring the reliability and security of registry maintenance, improving customer services, technologies and services.

As of February 4, the NRK Group - R.O.S.T. unites JSC Independent Registrar Company R.O.S.T.,St. Petersburg Registration Company JSC and NRK Stock Market, which carries out brokerage and depository activities. Experience in the market of the group companies exceeds 20 years, the number of serviced issuers as of 01.01.2019 is 11 thousand companies.

2017: Income exceeded 1.8 billion rubles

The total annual income of the registrars of the NRK Group - R.O.S.T. in 2017 exceeded 1.8 billion rubles, including the income of JSC NRK - 700 million rubles.

As of 31.12.2017, the total number of joint-stock company registers serviced by the Group was 10,449, or 18.3% of all joint-stock companies serviced by Russian registrars.

2016: Formation of the NRK Group of Companies - R.O.S.T.

In December 2016, Independent Registrar Company JSC and Registrar R.O.S.T. JSC, owned by one group of independent investors, formed the NRK Group of Companies - R.O.S.T. The NRK Group of Companies - R.O.S.T. Also includes NRK Stock Market LLC, which carries out brokerage, depository activities and the activities of a specialized depository of investment funds, mutual investment funds and non-state pension companies.

As of March 2016, NRK Group companies offer a range of financial services (registration, depository, brokerage, etc.) for Russian joint-stock companies.

2015

Until October 6, 2015, Independent Registrar Company JSC (NRK) was called Computershere Registrar (JSC).