Netherlands: Handling procedure for optional dividends changed

20.12.2016

Clearstream Banking1 would like to inform customers that, due to the implementation of TARGET2-Securities (T2S) and a change of processing by Euroclear  Netherlands, effective

immediately

a change of handling procedure will take place.

All optional dividends for securities deposited with Euroclear Netherlands in CASCADE will now be handled via Creation, similar to the process for optional dividends in the France and Belgium markets.

Rights will be credited directly in Creation.

Further information

For further information, customers may contact the Clearstream Banking Tax Help Desk, Clearstream Banking Client Services or their Relationship Officer.
------------------------------------------
1. Clearstream Banking refers  to Clearstream Banking AG, registered office at 61, Mergenthalerallee, 65760 Eschborn, Germany and registered in Register B of the Amtsgericht Frankfurt am Main, Germany under number HRB 7500.