Securities administration - Croatia

06.10.2014

Income collection

Market Record dateEx-dateBasis for entitlementStandard interest calculation rule
Dividend paymentDefined by the issuerRecord date -1Security position on Record dateNot Applicable
Coupon paymentDefined by the issuerRecord date -1Security position on Record dateActual/Actual

N.B.: Regulation of Record date and Ex-date according to the relevant Croatian laws can result in deviations.

Corporate actions

Most common corporate events

The most common corporate actions in the Croatian market are capital increases, mergers, conversion of securities, rights, takeovers, offers for sale, offers to repurchase equities/bonds, exercises of options, warrants, convertibles, put options for bonds, scrip dividends and sales of fractions/coupons.

Organisation of AGM/EGMs

Announcement of a shareholder’s meeting must be published at least 30 days prior to the AGM.

Proxy voting services

Proxy voting services are not available in CBL for this market.