Deufol SE: Capital reduction of registered shares at a rate of 5:1
Effective value date 13 September 2024, there will be a capital reduction of Deufol SE registered shares (ISIN DE000A1R1EE) at a ratio of 5:1 in Deufol SE fractional shares (ISIN DE000A40ET47).
The relevant processing stages and their sequence are described below.
Re-registration stop from 11 to 13 September 2024
It will not be possible to create and forward re-registration and initial registration instructions in the class of Deufol SE registered shares (ISIN DE000A1R1EE) in CASCADE-RS between 11 and 13 September 2024. The system will automatically delete re-registration or initial registration instructions that are pending in CASCADE-RS during this period.
Entering and transferring instructions for re-registration or initial registration in the class Deufol SE converted registered shares (ISIN DE000A40ET54) is possible starting from 13 September 2024.
Removal of registered shares from the books on 13 September 2024
On 12 September 2024 and in preparation for the removal, Clearstream Banking1 will automatically transfer the registered positions in Deufol SE registered shares (ISIN DE000A1R1EE) to Freier Meldebestand (FMB, unregistered positions) of the respective bank via position transfer.
Positions in Deufol SE registered shares (ISIN DE000A1R1EE) will be removed for value date 13 September 2024.
Entry of share fractions on 13 September 2024
The Deufol SE fractional rights (ISIN DE000A40ET47) will be transferred to the banks at a rate of 5:1 with the value date of 13 September 2024. This means that banks will receive one Deufol SE fractional share (ISIN DE000A40ET47) for every five Deufol SE registered shares (ISIN DE000A1R1EE).
Exchange of share fractions into original shares from 13 to 27 September 2024
From 13 to 27 September 2024, clients may exchange Deufol SE fractional rights (ISIN DE000A40ET47) into converted shares of Deufol SE (ISIN DE000A40ET54). For this purpose, please use the transaction KVEE WE (securities transfer) with the fractional rights indicator TR 3 in CASCADE:
Indicator 3: Exchange of share fractions into original shares
Stock exchange trades, CCP and OTC transactions
Stock exchange and CCP transactions still pending on the evening of 12 September 2024 will be converted automatically, that is, the class of Deufol SE (ISIN DE000A1R1EE) is converted to Deufol SE fractional rights (ISIN DE000A40ET47), adjusting the nominal value at a rate of 5:1.
CASCADE OTC transactions will not be converted automatically.
Registration of shareholders via re-registration from 13 September 2024
After the capital reduction, the custodian banks must enter the shareholders of Deufol SE converted registered shares (ISIN DE000A40ET54) in the company's share register via re-registration. This will be possible from 13 September 2024. The nominal value after the capital reduction must be used.
Note for LIMA users
Due to the processing capacities in CASCADE-RS, submissions amounting to 10,000 re-registrations or more per transfer must be agreed in advance with Client Services. CBF reserves the right to reject file transfers that have not been agreed upon within the scope of overall coordination.
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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.