Reference
The merger of iQ Power AG (iQP, ISIN CH0020609688/ISIN CH0199540599) with iQ Power Licensing AG (iQPL, ISIN CH0268536338) became effective upon entry in the Commercial Register on 27 January 2015.
Further information is available in the technical guidelines.
The merger is represented in CASCADE-RS as follows:
Transmission stop
The transmission of shareholder data (re-registration/registration) in ISIN CH0020609688 and ISIN CH0199540599 to the share register will be suspended from 10 February 2015 to 13 February 2015.
Position transfers
The transfer of the main holdings in ISIN CH0020609688 and ISIN CH0199540599 to the unregistered positions will take place on 12 February 2015, with same day value date, via Clearstream Banking1.
Removal and credit of proportional rights
Customers will receive based on their holdings on the evening of 13 February 2015 in ISIN CH0020609688 and ISIN CH0199540599 proportional rights of iQL at an exchange ratio of 4 : 1 with value date 16 February 2015 in ISIN CH0270354779.
Exchange into full rights
The exchange of proportional rights (ISIN CH0270354779) into full rights (ISIN CH0268536338) is to be carried out via a securities transfer (CASCADE-Transaction: KVEE WE) by indicating "3 – Anrechte in Originalaktien" in the 'TR' field.
Settlement of fractions
If applicable, the required settlement of proportional rights will need to be carried out by the banks themselves. Any remaining fractions can be transferred to the settlement agent VEM Aktienbank AG, CBF account 2236 until 9 March 2015.
Registration of the shareholders by re-registering
The registration of the shareholders of iQPL ISIN CH0268536338 in the share register of the issuer is implemented via the depository banks by re-registration in CASCADE-RS. Information about the notification of the shareholders in the share register can be taken from "Guidelines for banks on entering shareholder data in CASCADE-RS" (CBF announcement RS137 of 9 November 2007).
Share register
The share register is managed by Computershare Deutschland GmbH & Co. KG.
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, Clearstream Banking reserves the right to reject file transfers that have not been arranged in advance.
Reimbursement
For re-registrations that are transmitted in the period from 16 September 2015 to 20 September 2015, Clearstream Banking will calculate a discounted price of 0.30 euros per position.
Customers who are unable to transmit re-registrations of shareholders within this period are kindly requested to duly inform Clearstream Banking. If a re-registration is transmitted after the deadline, customers will still be entitled to receive the discount if they contact the Registered Shares team (registeredshares@clearstream.com) before transmitting the orders, stating the time of the transmission and the number of orders to be transmitted.
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.