Migration of TechnipFMC PLC shares (ISIN GB00BDSFG982) to cross-border settlement


Clearstream Banking1 would like to inform customers that effective

13 March 2017

the shares of TechnipFMC (ISIN GB00BDSFG982) will be migrated to trustee business. From this date the securities class will no longer be admitted to the cross border securities transfers system in collective safe custody (CSC) between France and Germany.

Based on the end-of-day balances at 10 March 2017, Clearstream Banking AG, Frankfurt am Main (CBF), automatically switches the above-mentioned securities positions, in a 1/1 ratio, to trustee business (NCSC), U.S.A.

Customers with holdings in collective safe custody will be credited accordingly on their 6-series accounts that they hold with Clearstream Banking AG, with value date 13 March 2017.                                                              

The securities class will no longer be eligible for CSC as from 13 March 2017.                                                              

Please note that pending stock exchange trades in CASCADE-LION will be changed to NCSC (custody type “AKV”). CBF customers should cancel the OTC-instructions in CASCADE and reinstruct these in Creation.     

Further information

For further information, customers may contact Clearstream Banking Client Services or their Relationship Officer.


1. This Announcement is published by Clearstream Banking AG (CBF), registered office at Mergenthalerallee 61, 65760 Eschborn, Germany, registered with the Commercial Register of the District Court in Frankfurt am Main, Germany, under number HRB 7500.