Schaltbau Holding AG: Conversion to registered shares and inclusion in CASCADE-RS
The bearer shares of Schaltbau Holding AG (ISIN DE0007170300) will be converted on
24 October 2018
into registered shares of Schaltbau Holding AG (ISIN DE000A2NBTL2) and included in CASCADE-RS.
Creation of holdings in registered shares
The creation of registered share positions on the relevant conversion date will be carried out by Clearstream Banking1 in the standard processing on 23 October 2018 for value date 24 October 2018 on the custody account balances and positions of pending stock exchange trades.
The positions in the registered shares of Schaltbau Holding AG are created in unregistered positions (FMB). Instructions in CASCADE-RS are possible from 24 October 2018.
Stock exchange trades and securities transfers in registered shares of Schaltbau Holding AG are first processed on 24 October 2018.
Securities transfers against payment that are entered in CASCADE will be converted. Securities transfers free of payment that are flagged with match status "J" are converted as well.
Note: To ensure a smooth settlement processing, customers must absolutely avoid a manual conversion, especially of matched instructions against payment. Clearstream Banking will convert securities transfers against payment into the ISIN of the registered shares automatically in the standard processing on 23 October 2018. Modifications and cancellations of instructions in the ISIN of bearer shares are possible at any time until the automatic conversion. It is recommended that instructions in the ISIN of the registered shares are not entered before 24 October 2018.
Securities transfers free of payment that are stored in CASCADE will be cancelled automatically and must be re-entered by the participants into registered shares, if required.
Registration of shareholders in the share register
The registration of shareholders in the share register of the issuer is implemented via the depository banks by re-registration in CASCADE-RS using the re-registration type "2" ("other not from purchase"). Information on the registration of shareholders in the share register is available in the "Guidelines for banks on entering shareholder data in CASCADE-RS" (Announcement RS137).
The share register is managed by Computershare Deutschland GmbH & Co. KG.
Note about submission planning
Due to the processing capacities in CASCADE-RS, submissions amounting to 10,000 re-registrations or more per transfer must be arranged in advance with Client Services. Within the scope of overall coordination, Clearstream Banking reserves the right to reject file transfers that have not been arranged in advance.
For re-registrations that are transmitted from 24 October 2018 to 30 October 2018, Clearstream Banking charges a discounted price of EUR 0.30 per position. After this time period, Clearstream Banking customers will be reimbursed accordingly.
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.