C. Bechstein Pianoforte AG: Squeeze-out
Clearstream Banking AG1 informs clients that effective
10 July 2024
a squeeze-out of minority shareholders in C. Bechstein Pianoforte AG registered shares (ISIN DE000A13SXG9) will take place.
The following schedule applies:
Squeeze-out on payment date 10 July 2024
As of 8 July 2024, 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 9 July 2024. Securities will be transferred in the night-time processing with value date 10 July 2024.
On 10 July 2024, compensation will be paid to the squeezed-out shareholders on the holdings recorded in the books as of 9 July 2024 in the evening.
OTC transactions
Banks must ensure that all pending OTC transactions are settled no later than 9 July 2024.
OTC transactions that are still pending on the evening of 9 July 2024 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.
------------------------------------------
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.