Going Public Media AG: Capital reduction of registered shares at a ratio of 3:1
Effective value date 27 November 2024, there will be a capital reduction of Going Public Media AG registered shares (ISIN DE0007612103) at a ratio of 3:1 in Going Public Media AG: fractional shares (ISIN DE000A40KXB0).
The relevant processing stages and their sequence are described below.
Re-registration stop from 25 November to 27 November 2024
It will not be possible to create and forward re-registration and initial registration instructions in the class of Going Public Media AG registered shares (ISIN DE0007612103) in CASCADE-RS between 25 November and 27 November 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 Going Public Media AG converted registered shares (ISIN DE000A40KXC8) is possible starting from 27 November 2024.
Removal of registered shares from the books as of 27 November 2024
On 26 November 2024 and in preparation for the removal, Clearstream Banking AG1 will automatically transfer the registered positions in Going Public Media AG registered shares (ISIN DE0007612103) to Freier Meldebestand (FMB, unregistered positions) of the respective bank via position transfer.
Positions in Going Public Media AG registered shares (ISIN DE0007612103) will be removed for value date 27 November 2024.
Entry of share fractions on 27 November 2024
The Going Public Media AG fractional rights (ISIN DE000A40KXB0) will be transferred to the banks at a ratio of 3:1 with the value date of 27 November 2024. This means that banks will receive one Going Public Media AG fractional share (ISIN DE000A40KXB0) for every three Going Public Media AG registered shares (ISIN DE0007612103).
Exchange of share fractions into original shares from 27 November to 11 December
From 27 November up to and including 11 December 2024, clients may exchange Going Public Media AG fractional rights (ISIN DE000A40KXB0) into converted shares of Going Public Media AG (ISIN DE000A40KXC8). 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 26 November 2024 will be converted automatically, that is, the class of Going Public Media AG (ISIN DE0007612103) is converted to Going Public Media AG fractional rights (ISIN DE000A40KXB0), adjusting the nominal value at a ratio of 3:1.
CASCADE OTC transactions will not be converted automatically.
Registration of shareholders via re-registration as of 27 November 2024
After the capital reduction, the custodian banks must enter the shareholders of Going Public Media AG converted registered shares (ISIN DE000A40KXC8) in the company's share register via re-registration. This will be possible from 27 November 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 Clearstream Banking Client Services. Clearstream Banking AG 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.