Ernst Russ AG: New shares from optional dividend


In line with the decision of the annual general meeting on 10 May 2023, the shareholders of Ernst Russ AG (DE000A161077) can choose to have the dividend distributed either in cash or in the form of shares.

The rights issue will be published on 11 May 2023, among other, in the Federal Gazette and on the website of Ernst Russ AG.

A draft version of the technical guidelines can be requested from the settlement agent. It will not be available via Clearstream Banking AG’s NIDOCS.1

Registration of shareholders in the share register

The new shares resulting from the optional dividend (DE000A161077) are expected to be delivered by CBF on 19 June 2023.

The registration of the shareholders in the share register is done by using the re-registration type "2" ("other not from purchase").


For re-registrations that are transmitted from 19 to 23 June 2023, CBF charges a discounted price of EUR 0.30 per position. After this period, CBF clients will be reimbursed accordingly.

Information on the 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.


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.