The European Shareholder rights directive ll (hereinafter referred to as \u201cSRD II\u201d) is to enable direct communication between exchange-listed joint-stock IS TO companies and their shareholders, and facilitate the exercise of shareholders’ rights. The following content is intended for information purposes only.<\/p>\n\n\n\n
Scope<\/strong><\/p>\n\n\n\n As of 3 September 2020, SRD II will apply to financial institutions that hold shares of exchange-listed joint-stock companies with registered office in the EU or EEA (hereinafter referred to as \u201ccompanies\u201d) in safe custody. As a client of Neue Bank, you are therefore also affected by this change.<\/p>\n\n\n\n Objectives of SRD ll<\/strong><\/p>\n\n\n\n Transmission of information<\/strong><\/p>\n\n\n\n SRD ll gives affected companies the right to provide their shareholders with information on company events, including invitations to annual general meetings, which Neue Bank, as a bank engaged in securities account management, will send to its shareholders. If you wish to participate in annual general meetings, the exercise of your rights, such as voting, is subject to certain deadlines and formalities.<\/p>\n\n\n\n Neue Bank offers you the option of having your exercise of rights recorded and transmitted to the relevant company.<\/p>\n\n\n\n Disclosure of shareholders<\/strong><\/p>\n\n\n\n Furthermore, SRD ll gives the affected companies the right to identify their shareholders. If you hold shares in such companies in your securities account, Neue Bank must, upon request by the respective company, provide the company with information, such as your name and contact details and the number of shares held, so that the company can clearly identify you as a shareholder.<\/p>\n","protected":false},"excerpt":{"rendered":" SRD II The European Shareholder rights directive ll (hereinafter referred to as \u201cSRD II\u201d) is to enable direct communication between exchange-listed joint-stock IS TO companies and their shareholders, and facilitate the exercise of shareholders’ rights. The following content is intended for information purposes only. Scope As of 3 September 2020, SRD II will apply to […]<\/p>\n","protected":false},"author":21,"featured_media":0,"parent":681,"menu_order":167,"comment_status":"closed","ping_status":"closed","template":"","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"class_list":["post-2905","page","type-page","status-publish","hentry"],"acf":[],"yoast_head":"\n