C. Bechstein Pianoforte AG: Information about the annual general meeting
In connection with the annual general meeting (AGM) of C. Bechstein Pianoforte AG (ISIN DE000A13SXG9) the following schedule applies for processing in CASCADE-RS:
ISIN/securities class description
C. Bechstein Pianoforte AG registered shares
18 November 2020
Last re-registration day/
|11 November 2020|
|Registration closing day||11 November 2020|
Fourth allocation run
From 6 November 2020 to 11 November 2020 inclusive
(for re-registrations and initial registrations)
|From 12 November 2020 to 18 November 2020 inclusive|
|ALU stop||No ALU|
Position transfers without relevance for the registered holdings
Instructions until 11 November 2020 inclusive with indication of value date 13 November 2020;
Instructions with all value data possible starting from 12 November 2020
In the interests of the shareholders of the company, compliance is required with the statutory obligation of banks to re-register/register the positions in the name of the shareholders pursuant to §67, 4 (1) Stock Corporation Act (AktG).
If the registration does not take place, there will be discrepancies in the share register. Therefore, re-registrations must be entered as soon as possible after a purchase transaction has been settled. In addition to registrations in the names of shareholders, it is also possible to register shares in the name of a depository bank acting as nominee.
Information on instructions in CASCADE-RS
For the participation of shareholders in the AGM and the associated exercise of voting rights, the shareholding shown in the share register of the company on the last re-registration date/technical record date is decisive.
Re-registrations for shareholders who wish to participate or be represented at the AGM, must be entered in CASCADE-RS on the last re-registration date/technical record date (status "K" - checked) as follows:
- Transfer times for instructions that are planned for processing in the third allocation run:
Until 16:30 Data upload via the Investors Portal
Until 16:45 SWIFT, File Transfer
Until 17:00 Online via CASCADE-RS in status "K"
- Transfer times for instructions that are planned for processing in the fourth allocation run:
Until 18:20 Data upload via the Investors Portal
Until 18:30 SWIFT, File Transfer
Until 18:45 Online via CASCADE-RS in status "K"
Considering the processing timeframe at the register companies on the last re-registration date/technical record date, it is recommended to keep the number of instructions that are transferred in the fourth allocation as low as possible.
Fourth allocation run
The fourth allocation run for the shares is conducted on business days at approximately 21:00 in addition to the regular CASCADE-RS allocation times (10:15, 13:15 and 17:00) and solely for the above-mentioned period of time. The usual allocation times apply thereafter.
The information and instructions in Announcement RS18133 apply.
Delivery remains unaffected
Clearstream Banking1 will not block holdings at any time.
After confirmation of the re-registration by the share register, securities of the registered holdings are managed in CASCADE-RS in registered positions. The entering and processing of instructions for position transfers both from the allocated positions following successful allocation processing as well as from registered positions into the deliverable unregistered positions in order to fulfill delivery obligations is possible, without restrictions and at any time during the planned processing cycles if there are sufficient holdings. Schedules to be observed when instructing position transfers before the AGM are described in the above table.
Contact data of registrar
The share register is managed by Link Market Services (Frankfurt) GmbH.
Persons responsible there can be contacted via the following options:
Telephone: +49 (0)6196 8870 538
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.