Clearstream Banking1 advises customers that effective
16 November 2015
the Austrian Central Securities Depository (OeKB CSD) is introducing a record date as a date for entitled positions.
Impact on customers
All security account holders that have a position in an ISIN at the end of the business day on the record date are entitled to take part in the specific distribution or reorganisation of securities and are considered for payment.
Compensation eligibility
The new record date rule will apply to shares which have an Austrian ISIN (AT) and which are held directly with the OeKB CSD.
For all dividend-related events CBF will send notifications to customers with the ex-date XDTE and the record date RDTE.
Corporate and government bonds
The date of entitlement for coupon payments and redemptions is the day before coupon date and going forward CBF will send notifications to customers with the record date RDTE.
Record date exceptions
The record date regime has not been established for investment funds in Austria, so these will continue to follow the ex-date regime.
Further information
The Creation Link Guide – Austria will be updated with the above information in due course.
For further information, customers may contact Client Services or their Relationship Officer.
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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.