Reference
Clearstream Banking1 informs customers that effective
16 November 2020
a squeeze-out of minority shareholders in STADA Arzneimittel AG (ISIN DE0007251803) will take place.
The following schedule applies:
Squeeze-out on payment date 16 November 2020
From 13 November 2020 no re-registration and registration instructions or shareholder data changes will be forwarded from CASCADE-RS to the shareholder register.
CBF will perform the closing out automatically. Holdings will be transferred on 13 November 2020. Securities will be transferred in the night-time processing with value date 16 November 2020.
On 16 November 2020, compensation will be paid to the squeezed-out shareholders on the holdings recorded in the books as of 13 November 2020 in the evening.
OTC transactions
Banks must ensure that all pending OTC transactions are settled no later than 13 November 2020.
OTC transactions that are still pending on the evening of 13 November 2020 must be deleted manually by the banks on the same day by 18:00. The deletion is not automatic.
Additional information will be published in WSS-CBF.
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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.