SYT » Topics » Dematerialized shares

This excerpt taken from the SYT 6-K filed Jul 8, 2009.
Dematerialized shares
Article 6
 
1
Each shareholder may at any time request the Company to confirm the number of registered shares owned by the respective shareholder. The shareholders are not entitled, however, to demand the printing and delivery of certificates representing shares.

2
By contrast, the Company may at any time print and deliver certificates representing shares and, with the consent of the owner of issued certificates, cancel issued share certificates upon their return to the Company. Certificates for multiple shares may be exchanged at any time for smaller portions or individual share certificates.

3
Registered shares not represented by a certificate may only be transferred by way of assignment including all rights connected with the transferred shares. To be valid, the assignment must be notified to the Company. Registered shares not represented by a certificate which a bank has been instructed by the shareholder to hold may only be transferred with the cooperation of that bank.

4
Registered shares not represented by a certificate may only be pledged to the bank which handles the book entries of such shares for the shareholder, and only based on a written pledge agreement. A notification of the Company is not necessary.



Statuten 2009 nach GV_e
 
Wikinvest © 2006, 2007, 2008, 2009, 2010, 2011, 2012. Use of this site is subject to express Terms of Service, Privacy Policy, and Disclaimer. By continuing past this page, you agree to abide by these terms. Any information provided by Wikinvest, including but not limited to company data, competitors, business analysis, market share, sales revenues and other operating metrics, earnings call analysis, conference call transcripts, industry information, or price targets should not be construed as research, trading tips or recommendations, or investment advice and is provided with no warrants as to its accuracy. Stock market data, including US and International equity symbols, stock quotes, share prices, earnings ratios, and other fundamental data is provided by data partners. Stock market quotes delayed at least 15 minutes for NASDAQ, 20 mins for NYSE and AMEX. Market data by Xignite. See data providers for more details. Company names, products, services and branding cited herein may be trademarks or registered trademarks of their respective owners. The use of trademarks or service marks of another is not a representation that the other is affiliated with, sponsors, is sponsored by, endorses, or is endorsed by Wikinvest.
Powered by MediaWiki