SynBiotic SE: Conversion to registered shares and inclusion in CASCADE-RS
The bearer shares of SynBiotic SE (ISIN DE000A2LQ777) will be converted on
17 April 2021
into registered shares of SynBiotic SE (ISIN DE000A3E5A59) 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 Banking AG1 in the standard processing on 11 May 2021 with value date 17 May 2021 on the custody account balances and positions of pending stock exchange trades.
The positions in the registered shares are created in unregistered positions (FMB). Instructions in CASCADE-RS will be possible from 17 May 2021.
Stock exchange trades and securities transfers in registered shares will be first processed on 17 May 2021.
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. CBF will convert securities transfers against payment into the ISIN of the registered shares automatically in the standard processing on 8 May 2021. 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 11 May 2021.
Unmatched securities transfers free of payment that are stored in CASCADE will automatically be deleted by T2S after 20 business days 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 Captrace.
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, CBF reserves the right to reject file transfers that have not been arranged in advance.
For re-registrations that are transmitted between 17 May 2021 and 21 May 2021, CBF will charge a discounted price of EUR 0.30 per position. After this time period, CBF 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.