Reference
Clearstream Banking1 informs customers that effective
3 March 2021
a squeeze-out of minority shareholders in Axel Springer SE registered shares (ISIN DE0005501357) will take place.
The following schedule applies:
Squeeze-out on payment date 3 March 2021
As from 26 February 2021 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 2 March 2021. Securities will be transferred in the night-time processing with value date 3 March 2021.
On 3 March 2021, compensation will be paid to the squeezed-out shareholders on the holdings recorded in the books as of 2 March 2021 in the evening.
OTC transactions
Banks must ensure that all pending OTC transactions are settled no later than 2 March 2021.
OTC transactions that are still pending on the evening of 2 March 2021 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.