SHW AG: Conversion to registered shares and inclusion in CASCADE-RS

27.07.2021

The bearer shares of SHW AG (ISIN DE000A1JBPV9) will be converted on

9 August 2021

into registered shares of SHW AG (ISIN DE000A3E5B74) 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 6 August 2021 with value date 9 August 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). Order placement in CASCADE-RS is possible from 9 August 2021.

Stock exchange trades and securities transfers in registered shares will be first processed on 9 August 2021.

Pending instructions

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 6 August 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 9 August 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).

Share register

The share register is managed by Computershare Deutschland GmbH.

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.

Reimbursement

For re-registrations that are transmitted between 9 August 2021 and 13 August 2021, CBF will charge a discounted price of EUR 0.30 per position. After this time period, CBF customers will be reimbursed accordingly.

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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.